Document background
The Mutual Agreement To End Tenancy is a crucial document used in Austrian property law when both landlord and tenant wish to formally terminate their rental relationship by mutual consent. This agreement is particularly relevant when parties want to end a tenancy outside the standard notice periods or before a fixed term expires. It provides a clear legal framework under the Austrian Tenancy Act (Mietrechtsgesetz) and Civil Code (ABGB) for documenting the agreed termination terms, protecting both parties' interests. The document typically includes essential details such as the termination date, property handover procedures, settlement of deposits and utilities, and mutual release from future obligations. It's commonly used in both residential and commercial contexts, and can help avoid potential disputes by clearly documenting all agreed terms of the termination.
