The Lease Renewal Agreement is a crucial document in Austrian property law, used when parties wish to extend an existing lease arrangement while potentially updating its terms. It must comply with Austria's strict tenant protection regulations, particularly the ABGB and MRG, which provide significant rights to tenants and regulate rent increases. This document type is essential for both residential and commercial properties, requiring careful consideration of mandatory provisions, rent control mechanisms, and notice periods. The Lease Renewal Agreement typically includes updated rent calculations, any new terms or modifications, and confirmations of existing conditions, while ensuring all changes align with Austrian legal requirements. It's particularly important in Austria's heavily regulated rental market, where both landlords and tenants need clear documentation of their continuing obligations and rights.
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1. Parties: Identification of landlord and tenant with full legal names, addresses, and registration numbers if applicable
2. Background: Reference to original lease agreement, its date, and brief context of the renewal
3. Definitions: Key terms used in the agreement, carrying forward relevant definitions from original lease and adding new ones if needed
4. Term of Renewal: Specific duration of the renewal period and effective date
5. Rent and Payment Terms: Updated rent amount, payment schedule, and indexation provisions in compliance with MRG
6. Confirmation of Existing Terms: Statement confirming which terms from original lease remain in effect
7. Modified Terms: Clear specification of any terms that differ from the original lease
8. Signatures: Execution block with date and signatures of all parties
1. Renovation and Improvements: Include when there are agreed modifications to the property during the renewal term
2. Changed Use Provisions: Include when the permitted use of the property is being modified
3. Energy Efficiency Updates: Include when new energy efficiency requirements or certifications need to be addressed
4. New House Rules: Include when there are updates to building or property regulations
5. Subletting Provisions: Include when modifying rights regarding subletting or assignment
6. Special Termination Rights: Include when adding specific conditions for early termination
1. Schedule 1 - Original Lease: Copy of the original lease agreement being renewed
2. Schedule 2 - Floor Plan: Current floor plan showing any modifications to the leased premises
3. Schedule 3 - Rent Calculation: Detailed breakdown of rent calculation including indexation if applicable
4. Schedule 4 - Condition Report: Updated condition report of the premises at time of renewal
5. Schedule 5 - Energy Certificate: Current energy performance certificate as required by Austrian law
6. Appendix A - House Rules: Current version of applicable house rules if modified
7. Appendix B - Maintenance Schedule: Updated maintenance and repair responsibilities if modified
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Manufacturing
Logistics
Agriculture
Relevant Teams
Legal
Real Estate
Property Management
Operations
Facilities
Asset Management
Compliance
Administration
Contract Management
Tenant Relations
Relevant Roles
Property Manager
Real Estate Manager
Facility Manager
Legal Counsel
Real Estate Attorney
Leasing Manager
Asset Manager
Operations Manager
Property Administrator
Contracts Manager
Real Estate Director
Compliance Officer
Building Manager
Portfolio Manager
Tenant Relations Manager
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