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Termination Of Rental Agreement

Termination Of Rental Agreement Template for Austria

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Key Requirements PROMPT example:

Termination Of Rental Agreement

"I need a Termination of Rental Agreement as a landlord for my commercial property at Mariahilfer Straße, Vienna, with termination effective March 31, 2025, due to planned major renovations that require the premises to be vacant."

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Document background
The Termination of Rental Agreement is a crucial legal document used in Austrian property law to formally end a rental relationship between parties. It must strictly comply with Austrian legislation, particularly the Mietrechtsgesetz (MRG) and the General Civil Code (ABGB). This document is essential when either a landlord or tenant wishes to legally end a rental agreement, whether for residential or commercial properties. The termination notice must include specific legally required information, observe mandatory notice periods, and be delivered in accordance with Austrian legal requirements. The document's format and content are heavily regulated to protect both parties' rights and ensure legal certainty in the termination process. It serves as official documentation of the intention to end the rental relationship and sets forth the terms and timeline for the termination.
Suggested Sections

1. Sender Details: Full name and address of the party giving notice (landlord or tenant)

2. Recipient Details: Full name and address of the other party

3. Date: Date of the termination notice

4. Property Details: Clear identification of the rental property including address and any relevant unit numbers

5. Termination Declaration: Clear and unambiguous statement of intention to terminate the rental agreement

6. Termination Date: Specific date when the rental agreement will end, ensuring compliance with statutory notice periods

7. Legal Basis: Reference to relevant clause in rental agreement and/or applicable law

8. Signature: Signature of the terminating party

Optional Sections

1. Reason for Termination: Required only if termination is for cause or if specified in the original rental agreement

2. Handover Arrangements: Proposed date and time for property inspection and key handover

3. Security Deposit: Reference to the return of security deposit and conditions thereof

4. Outstanding Payments: Mention of any pending rent or utility payments that need to be settled

5. Property Condition: Expectations regarding the condition in which the property should be returned

6. Forwarding Address: New address for future correspondence, particularly relevant if tenant is terminating

Suggested Schedules

1. Original Rental Agreement: Copy of the original rental agreement for reference

2. Proof of Delivery: Documentation proving the termination notice was properly served (Rückschein if sent by registered mail)

3. Power of Attorney: If the termination is being executed by an authorized representative

4. Supporting Documentation: Any evidence supporting the termination reason if termination is for cause

5. Property Photos: Current photographs of the property condition, if relevant to the termination

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Hospitality

Office Space

Industrial

Storage and Warehousing

Agricultural

Mixed-Use Property

Relevant Teams

Legal

Property Management

Real Estate Operations

Administrative Support

Tenant Relations

Compliance

Facilities Management

Contract Administration

Asset Management

Property Services

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Tenant Relations Manager

Facility Manager

Housing Officer

Lease Administrator

Property Administrator

Real Estate Portfolio Manager

Compliance Officer

Administrative Assistant

Contract Manager

Real Estate Operations Manager

Industries
Mietrechtsgesetz (MRG): Austrian Tenancy Act - The primary legislation governing residential and commercial tenancies, including provisions for termination, notice periods, and formal requirements for termination notices
Allgemeines Bürgerliches Gesetzbuch (ABGB): Austrian Civil Code - Sections 1115-1121 specifically deal with the termination of rental agreements and provide general contract law principles applicable to rental relationships
Konsumentenschutzgesetz (KSchG): Consumer Protection Act - Applicable when the tenant is a consumer, providing additional protection and specific requirements for contract termination
Zustellgesetz: Service of Documents Act - Governs the formal requirements for serving termination notices and other legal documents related to the rental termination process
Wohnungseigentumsgesetz (WEG): Condominium Act - May be relevant if the rental property is part of a condominium complex, affecting certain aspects of the termination process
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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