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5 Year Lease Agreement Template for Austria

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Key Requirements PROMPT example:

5 Year Lease Agreement

"I need a 5 Year Lease Agreement under Austrian law for a retail space in Vienna's shopping district, starting March 1, 2025, with specific provisions for signage rights and operating hours flexibility during tourist season."

Document background
This 5 Year Lease Agreement template is designed for use in the Austrian legal context, where lease arrangements are primarily governed by the Mietrechtsgesetz (MRG) and the Austrian Civil Code (ABGB). It serves as a comprehensive framework for both commercial and residential property leases, incorporating mandatory provisions required by Austrian law while allowing for customization based on specific circumstances. The document is particularly suitable for medium-term lease arrangements where parties seek stability and predictability in their rental relationship. It includes detailed provisions for rent calculation, maintenance obligations, operating costs, and termination rights, all aligned with Austrian legal requirements. The agreement is structured to protect both landlord and tenant interests while ensuring compliance with local property regulations, consumer protection laws, and specific requirements regarding security deposits and notice periods.
Suggested Sections

1. Parties: Identification and details of the landlord and tenant, including 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 address, size, and designated use

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

6. Rent and Other Payments: Base rent, operating costs (Betriebskosten), payment terms, and rent review mechanisms as per Austrian law

7. Security Deposit: Amount, form, and conditions for the security deposit (Kaution)

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

9. Maintenance and Repairs: Distribution of maintenance obligations between landlord and tenant as per MRG

10. Utilities and Services: Responsibility for utilities, including heating costs settlement as per HeizKG

11. Insurance: Required insurance coverage for both parties

12. Assignment and Subletting: Conditions for assignment and subletting rights

13. Landlord's Obligations: Core obligations of the landlord under Austrian law

14. Tenant's Obligations: Core obligations of the tenant under Austrian law

15. Termination: Termination rights and procedures according to MRG

16. Return of Premises: Conditions for returning the property at lease end

17. Governing Law: Confirmation of Austrian law governance and jurisdiction

Optional Sections

1. Fit-out Works: Details of any initial fit-out or renovation works, applicable when premises require modification before occupancy

2. Operating Hours: Specific provisions regarding operating hours, relevant for commercial properties

3. Signage Rights: Regulations regarding external signage, particularly relevant for retail premises

4. Break Option: Early termination options, if agreed between parties

5. Green Lease Provisions: Environmental and sustainability obligations, relevant for modern commercial properties

6. Covid-19 Provisions: Specific provisions relating to pandemic situations, if required

7. Change of Control: Provisions dealing with change in tenant's ownership, relevant for corporate tenants

8. Competition Protection: Exclusivity rights for retail tenants in shopping centers or similar locations

Suggested Schedules

1. Floor Plans: Detailed plans showing the leased area and common areas

2. Inventory List: List of any furniture, fixtures, or equipment included in the lease

3. Condition Report: Detailed description of the property condition at lease commencement

4. House Rules: Building regulations and rules for multi-tenant properties

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

6. Maintenance Schedule: Schedule of maintenance responsibilities for both parties

7. Handover Protocol: Template for property handover documentation

8. Heating Costs Calculation: Method for calculating and allocating heating costs as per HeizKG

9. Fit-out Specifications: Technical specifications for any permitted tenant improvements

10. Insurance Requirements: Detailed insurance requirements for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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

Real Estate

Retail

Office Space

Industrial

Logistics

Hospitality

Healthcare

Education

Professional Services

Manufacturing

Technology

Financial Services

Food and Beverage

Entertainment

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Risk and Compliance

Administration

Property Management

Asset Management

Business Development

Commercial

Relevant Roles

Real Estate Manager

Property Manager

Facilities Manager

Legal Counsel

Corporate Lawyer

Business Development Manager

Operations Director

Chief Financial Officer

Asset Manager

Leasing Manager

Commercial Director

Risk Manager

Compliance Officer

Contract Administrator

Real Estate Agent

Property Administrator

Finance Director

General Counsel

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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