Office Space Lease Agreement Template for Austria

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Key Requirements PROMPT example:

Office Space Lease Agreement

"I need an Office Space Lease Agreement for a 500 sqm office in Vienna's tech district, starting March 1, 2025, with flexible expansion options and specific provisions for high-speed internet infrastructure and 24/7 access for our tech startup."

Document background
The Office Space Lease Agreement is a fundamental document used in Austrian commercial real estate transactions to establish a legally binding relationship between a landlord and tenant for the rental of office premises. This agreement is essential when businesses seek to lease commercial office space in Austria and must comply with specific requirements under the Austrian Civil Code (ABGB) and the Austrian Tenancy Act (Mietrechtsgesetz). The document covers crucial aspects such as rent determination, operating costs, maintenance obligations, and termination rights, while incorporating provisions specific to Austrian commercial lease law. It's particularly important for ensuring both parties understand their rights and obligations under Austrian law, including statutory notice periods, maintenance responsibilities, and rent adjustment mechanisms.
Suggested Sections

1. Parties: Identification of landlord and tenant with full legal names, registration numbers (if applicable), and addresses

2. Background: Context of the lease agreement and brief description of the property

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the leased premises, including exact location, size, and permitted use

5. Term and Commencement: Duration of the lease, commencement date, and any renewal options

6. Rent and Payment Terms: Base rent amount, payment schedule, and method of payment

7. Operating Costs and Utilities: Allocation of operating costs (Betriebskosten) and utility charges

8. Security Deposit: Amount, form, and conditions of the security deposit

9. Use of Premises: Permitted use of the property and any restrictions

10. Maintenance and Repairs: Responsibilities of both parties regarding maintenance, repairs, and renovations

11. Insurance and Liability: Required insurance coverage and allocation of risks

12. Access and Security: Landlord's access rights and security arrangements

13. Alterations and Improvements: Rules regarding modifications to the premises

14. Assignment and Subletting: Conditions for transferring or subletting the lease

15. Termination: Grounds and procedures for termination of the lease

16. Governing Law: Confirmation of Austrian law application and jurisdiction

17. Notices: Methods and addresses for official communications

18. Execution: Signature blocks and date of agreement

Optional Sections

1. Value Added Tax (VAT) Election: Option to elect VAT treatment of rent, used when landlord wishes to charge VAT on rent

2. Break Clause: Early termination options, included when parties agree to specific break rights

3. Rent Review: Mechanism for periodic rent adjustments, used for longer-term leases

4. Service Charge Provisions: Detailed service charge calculations and allocations, used for multi-tenant buildings

5. Green Lease Provisions: Environmental and sustainability obligations, used for environmentally conscious arrangements

6. Parking: Allocation and terms of parking spaces, included when parking is part of the lease

7. Signage Rights: Terms for external and internal signage, important for retail or visible office spaces

8. Fit-out Works: Terms for initial tenant improvements, included when premises require modification

9. Building Rules: Specific building regulations and conduct rules, used for multi-tenant buildings

Suggested Schedules

1. Floor Plan: Detailed plans showing the leased area and common parts

2. Inventory: List of fixtures, fittings, and equipment included in the lease

3. Operating Costs Breakdown: Detailed list of operating costs and calculation method

4. Service Level Agreement: Specifications for building services and maintenance standards

5. Handover Protocol: Condition report and handover documentation

6. Technical Specifications: Building systems and technical infrastructure details

7. House Rules: Building regulations and conduct requirements

8. Form of Bank Guarantee: Template for bank guarantee if required as security deposit

9. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Commercial Real Estate

Office Management

Professional Services

Banking and Finance

Technology

Healthcare

Retail

Manufacturing

Consulting

Legal Services

Insurance

Media and Communications

Non-Profit Organizations

Education

Relevant Teams

Legal

Finance

Operations

Facilities Management

Administration

Real Estate

Procurement

Risk and Compliance

Business Development

Property Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Facility Manager

Real Estate Manager

Property Manager

Legal Counsel

Corporate Lawyer

Office Manager

Operations Director

Finance Director

Business Development Manager

Commercial Director

Procurement Manager

Administrative Manager

Risk Manager

Compliance Officer

Real Estate Agent

Property Surveyor

Facilities Coordinator

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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