Written Notice Of Lease Termination Template for Austria

The Written Notice of Lease Termination is a crucial legal document used in the Austrian property market to formally end lease agreements. It must be drafted in accordance with the Austrian Tenancy Act (Mietrechtsgesetz - MRG) and Austrian Civil Code (ABGB), which stipulate specific requirements for form, content, and delivery. This document is necessary whenever either a landlord or tenant wishes to terminate a lease agreement, whether residential or commercial. The notice must include precise details about the property, parties involved, and termination date, while adhering to mandatory notice periods. Proper execution of this document is essential for legal compliance and to avoid potential disputes. The notice can be used for both fixed-term and indefinite lease agreements, but the specific requirements and notice periods may vary depending on the type of lease and property use.

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

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

3. Date: Current date when the notice is being issued

4. Property Identification: Clear identification of the leased property including full address and any relevant unit numbers

5. Lease Reference: Reference to the original lease agreement including its date

6. Termination Declaration: Clear and unambiguous statement of intention to terminate the lease

7. Termination Date: Specific date when the lease will end, ensuring compliance with statutory notice periods

8. Key Return Arrangements: Information about when and how keys should be returned

9. Signature: Signature of the terminating party