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Landlord Lease Termination Agreement Template for Austria

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Key Requirements PROMPT example:

Landlord Lease Termination Agreement

"I need a standard Landlord Lease Termination Agreement for my Vienna apartment rental, with the lease ending on March 31, 2025, including standard security deposit return terms and final utility readings."

Document background
The Landlord Lease Termination Agreement is a crucial document used when both parties agree to end a lease arrangement in Austria. It's specifically designed to comply with Austrian tenancy laws, including the Mietrechtsgesetz (MRG) and the Austrian Civil Code (ABGB). This document becomes necessary when either party initiates lease termination, whether at the natural end of the lease term or through mutual agreement for early termination. The agreement covers essential elements such as the termination date, property handover procedures, final utility readings, security deposit return, and settlement of any outstanding obligations. It serves as a legal safeguard for both parties by clearly documenting the agreed terms of separation and helping prevent future disputes. The document is particularly important in the Austrian context due to specific local requirements regarding property handover, documentation, and tenant protection laws.
Suggested Sections

1. Parties: Identification of landlord and tenant with full legal names, addresses, and registration numbers if applicable

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

3. Definitions: Key terms used throughout the agreement, including 'Premises', 'Termination Date', and 'Security Deposit'

4. Termination Agreement: Mutual agreement to terminate the lease, stating the specific termination date

5. Handover of Premises: Terms and conditions for returning the property, including inspection requirements and timeframes

6. Final Settlement: Details of final rent payment, utility bills, and security deposit return

7. Release of Claims: Mutual release of future claims related to the lease agreement

8. Keys and Access Devices: Requirements for returning all keys, access cards, and other property access devices

9. Governing Law: Confirmation that the agreement is governed by Austrian law

10. Signatures: Execution block for all parties, including date and place of signing

Optional Sections

1. Renovation Requirements: Used when specific restoration or repair work is required before handover

2. Utility Transfer: Include when utilities need to be transferred back to the landlord or a new tenant

3. Forwarding Address: Add when tenant needs to provide a forwarding address for future correspondence

4. Outstanding Payments: Include if there are any rent arrears or other outstanding payments to be settled

5. Early Termination Fee: Used when the termination occurs before the original lease end date and includes penalty payments

6. Third Party Rights: Include when other parties (such as guarantors) need to be released from obligations

Suggested Schedules

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

2. Schedule 2 - Utility Readings: Final meter readings for electricity, gas, water, and other utilities

3. Schedule 3 - Settlement Calculation: Detailed breakdown of final payments, including security deposit deductions if any

4. Schedule 4 - Inventory List: List of any furniture or fixtures to be removed or returned

5. Appendix A - Photographic Evidence: Photos documenting the property's condition at termination

6. Appendix B - Outstanding Maintenance Records: Documentation of any pending maintenance issues or recent repairs

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

Property Management

Retail

Hospitality

Office Space Management

Industrial and Manufacturing

Healthcare

Education

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Property Management

Facilities Management

Operations

Asset Management

Contract Administration

Tenant Relations

Administrative Support

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Real Estate Attorney

Lease Administrator

Asset Manager

Property Administrator

Building Manager

Operations Manager

Real Estate Agent

Commercial Property Manager

Residential Property Manager

Tenant Relations Manager

Contract Administrator

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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