The Lease Break Agreement is a crucial document used when both landlord and tenant agree to terminate a lease before its scheduled end date under Danish law. This document is essential for properly documenting the early termination of both residential leases (governed by the Lejeloven) and commercial leases (governed by the Erhvervslejeloven) in Denmark. It includes specific provisions required by Danish property law, such as detailed handover procedures, settlement of any outstanding financial obligations, and formal release of future commitments. The agreement helps prevent future disputes by clearly outlining the terms of separation, including important dates, property condition requirements, and financial settlements. It's particularly important in the Danish legal context, where tenant protection is strong and formal documentation of mutual agreement is crucial for legal certainty.
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Key Requirements PROMPT example:
Lease Break Agreement
I need a Lease Break Agreement for our commercial retail space at Copenhagen Central Mall, with early termination scheduled for March 1, 2025, including specific provisions for the return of our €50,000 security deposit and the division of renovation costs.
1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and any registration numbers
2. Background: Details of the existing lease agreement including date of original lease, property address, and reference to why the break is being initiated
3. Definitions: Definitions of key terms used throughout the agreement
4. Termination Date: Specific date when the lease will terminate and the tenant will vacate the property
5. Mutual Agreement to Terminate: Express statement of both parties' agreement to terminate the lease early
6. Handover Requirements: Specific conditions for returning the property, including cleaning, repairs, and inspection arrangements
7. Financial Settlement: Details of any final payments, deposit returns, or financial adjustments
8. Release of Obligations: Statement releasing both parties from future obligations under the original lease
9. Governing Law: Confirmation that the agreement is governed by Danish law
10. Signatures: Execution provisions and signature blocks for all parties
1. Surviving Obligations: Used when certain obligations from the original lease should continue after termination
2. Third Party Consents: Required when third party approval is needed for the early termination
3. Insurance: Included when specific insurance arrangements need to be addressed during the handover period
4. Utilities and Services: Used when specific arrangements for transfer or termination of utilities need to be documented
5. Keys and Security: Required when there are specific arrangements for returning keys, security cards, or changing access codes
6. Forwarding Address: Include when arrangements for forwarding mail or providing future contact details are needed
1. Schedule 1 - Original Lease: Copy or key details of the original lease agreement being terminated
2. Schedule 2 - Property Condition Report: Current condition report and comparison with initial condition report
3. Schedule 3 - Financial Statement: Detailed breakdown of final financial settlements, including deposit calculations
4. Schedule 4 - Handover Checklist: Detailed list of items to be checked during the final inspection
5. Schedule 5 - Utilities Reading Form: Form for recording final utility readings and account transfer details
6. Appendix A - Photographic Evidence: Current photographs of the property condition where relevant
Authors
Relevant legal definitions
Agreement
Original Lease
Property
Landlord
Tenant
Termination Date
Handover Date
Deposit
Break Fee
Final Inspection
Property Manager
Handover Requirements
Outstanding Payments
Utilities
Common Areas
Fixtures and Fittings
Security Deposit
Prepaid Rent
Settlement Amount
Release Date
Business Day
Effective Date
Lease Period
Original Term
Remaining Term
Vacant Possession
Working Hours
Permitted Use
Relevant Authority
Representatives
Original Lease
Property
Landlord
Tenant
Termination Date
Handover Date
Deposit
Break Fee
Final Inspection
Property Manager
Handover Requirements
Outstanding Payments
Utilities
Common Areas
Fixtures and Fittings
Security Deposit
Prepaid Rent
Settlement Amount
Release Date
Business Day
Effective Date
Lease Period
Original Term
Remaining Term
Vacant Possession
Working Hours
Permitted Use
Relevant Authority
Representatives
Clauses
Interpretation
Mutual Termination
Property Handover
Financial Settlement
Deposit Return
Release of Obligations
Surviving Obligations
Insurance
Utilities
Access Rights
Inspection Rights
Repair Obligations
Cleaning Requirements
Key Return
Mail Forwarding
Third Party Rights
Confidentiality
Costs
Notices
Entire Agreement
Severability
Governing Law
Dispute Resolution
Force Majeure
Assignment
Waiver
Amendments
Counterparts
Mutual Termination
Property Handover
Financial Settlement
Deposit Return
Release of Obligations
Surviving Obligations
Insurance
Utilities
Access Rights
Inspection Rights
Repair Obligations
Cleaning Requirements
Key Return
Mail Forwarding
Third Party Rights
Confidentiality
Costs
Notices
Entire Agreement
Severability
Governing Law
Dispute Resolution
Force Majeure
Assignment
Waiver
Amendments
Counterparts
Relevant Industries
Real Estate
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Technology
Manufacturing
Logistics
Professional Services
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Finance
Risk & Compliance
Property Management
Asset Management
Tenant Relations
Contract Administration
Relevant Roles
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Tenant Relations Manager
Asset Manager
Operations Director
Leasing Manager
Property Administrator
Compliance Officer
Real Estate Director
Contract Manager
Corporate Real Estate Manager
Risk Manager
Finance Manager
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