Cancellation Of Lease Agreement for Germany

Cancellation Of Lease Agreement Template for Germany

This document serves as a formal agreement to terminate an existing lease contract under German law, complying with the provisions of the German Civil Code (Bürgerliches Gesetzbuch - BGB). It outlines the mutually agreed terms for ending the lease relationship, including the specific termination date, conditions for returning the property, settlement of the security deposit, and final utility payments. The agreement ensures legal certainty for both parties by clearly defining their rights and obligations during the termination process and includes provisions for property inspection, documentation of condition, and the settlement of any outstanding matters.

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What is a Cancellation Of Lease Agreement?

The Cancellation of Lease Agreement is a critical document used when both parties mutually agree to terminate an existing lease before its natural end date or to formally document the end of a lease term. This document, governed by German law and specifically the German Civil Code (BGB), provides legal certainty and protection for both landlord and tenant by clearly outlining the termination process, responsibilities, and financial settlements. It is particularly important in situations involving early termination, ensuring compliance with German legal requirements for lease cancellations, and protecting both parties' interests. The agreement typically includes specific dates, property return conditions, deposit handling, and utility settlement terms, making it essential for proper documentation and risk management in property relationships.

What sections should be included in a Cancellation Of Lease Agreement?

1. Parties: Identification of the landlord and tenant with full legal names and addresses

2. Background: Reference to the original lease agreement, including its date and essential terms

3. Definitions: Key terms used in the agreement, including 'Lease Agreement', 'Property', 'Termination Date'

4. Termination Agreement: Mutual agreement to terminate the lease, specifying the exact termination date

5. Return of Property: Conditions for returning the property, including cleaning and repair obligations

6. Security Deposit: Terms for the return of the security deposit, including timing and conditions

7. Final Payments: Settlement of any outstanding rent, utilities, or other charges

8. Keys and Access Devices: Requirements for returning all keys and access devices

9. Release of Obligations: Mutual release from future obligations under the original lease

10. Governing Law: Confirmation that the agreement is governed by German law

11. Signatures: Space for dated signatures of all parties

What sections are optional to include in a Cancellation Of Lease Agreement?

1. Early Termination Fee: Required when the cancellation occurs before the regular end date and includes penalty payments

2. Renovation Requirements: Specific requirements for repairs or renovations before property return

3. Forwarding Address: Section for tenant's new address for future correspondence

4. Utilities Transfer: Procedures for transferring or terminating utility contracts

5. Personal Property: Provisions regarding abandoned personal property

6. Insurance: Requirements for maintaining insurance until final move-out

7. Reference Letter: Terms regarding the provision of a landlord reference letter

What schedules should be included in a Cancellation Of Lease Agreement?

1. Schedule 1 - Property Condition Report: Detailed documentation of the property's condition at termination

2. Schedule 2 - Inventory List: List of any furnishings or fixtures included in the original lease and their condition

3. Schedule 3 - Outstanding Payments Schedule: Detailed list of any remaining payments or credits

4. Schedule 4 - Utility Readings: Final meter readings for utilities

5. Schedule 5 - Handover Protocol: Formal protocol documenting the return of the property and all items

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

Jurisdiction

Germany

Publisher

Genie AI

Document Type

Termination Letter

Cost

Free to use
Relevant legal definitions
Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Relevant Teams

Legal

Real Estate

Property Management

Operations

Facilities

Administrative

Contract Management

Asset Management

Customer Relations

Finance

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Legal Counsel

Property Administrator

Asset Manager

Leasing Manager

Operations Manager

Contract Administrator

Real Estate Agent

Housing Manager

Tenant Relations Manager

Property Services 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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