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Renew Lease Agreement for Austria

Renew Lease Agreement Template for Austria

This document serves as a formal agreement to extend an existing lease arrangement under Austrian law, governed by the Mietrechtsgesetz (MRG) and relevant provisions of the Austrian Civil Code (ABGB). It outlines the terms and conditions for the continued lease of property, including updated rent calculations, maintenance responsibilities, and any modifications to the original lease terms. The document ensures compliance with Austrian tenancy regulations while protecting both landlord and tenant interests, incorporating necessary statutory declarations and current market conditions.

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What is a Renew Lease Agreement?

The Renew Lease Agreement is a critical document used when parties wish to extend an existing lease arrangement in Austria. It becomes relevant when approaching the end of an initial lease term, where both parties agree to continue their landlord-tenant relationship. The document must comply with Austrian tenancy law, particularly the Mietrechtsgesetz (MRG) and the Austrian Civil Code (ABGB), which provide specific requirements for lease renewals. This agreement typically includes updated rent calculations, potentially modified terms, and confirmation of continuing conditions from the original lease. It's essential for both commercial and residential properties and must incorporate any relevant changes in legislation or market conditions since the original lease was signed. The renewal can be used for various property types, from residential apartments to commercial spaces, and must address specific Austrian requirements regarding rent control, maintenance obligations, and tenant protections.

What sections should be included in a Renew Lease Agreement?

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

2. Background: Reference to the original lease agreement, its date, and brief description of the parties' intention to renew

3. Definitions: Key terms used in the agreement, including references to defined terms from the original lease that remain applicable

4. Term of Renewal: Specific duration of the renewal period, including start and end dates

5. Rent and Payment Terms: Updated rent amount, payment schedule, and any indexation provisions as per Austrian law

6. Confirmation of Existing Terms: Statement confirming which terms from the original lease remain in effect

7. Modified Terms: Clear specification of any terms that are being changed from the original lease

8. Maintenance and Repairs: Confirmation or modification of maintenance responsibilities

9. Statutory Declarations: Mandatory statements required under Austrian tenancy law

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

What sections are optional to include in a Renew Lease Agreement?

1. Updated Insurance Requirements: Include if insurance requirements need to be modified from the original lease

2. Renovation Provisions: Include if there are specific renovation works agreed upon as part of the renewal

3. Energy Efficiency Updates: Include if there are new energy efficiency requirements or certificates to be addressed

4. Subletting Provisions: Include if subletting terms are being modified from the original agreement

5. Break Clause: Include if parties want to add or modify early termination rights

6. Operating Costs Adjustment: Include if there are changes to the way operating costs are calculated or distributed

7. Usage Changes: Include if there are any modifications to permitted use of the property

What schedules should be included in a Renew Lease Agreement?

1. Schedule 1 - Property Description: Updated description of the property, including any modifications or improvements made during the initial lease term

2. Schedule 2 - Rent Calculation: Detailed breakdown of the rent, including base rent, operating costs, and any indexation calculations

3. Schedule 3 - Condition Report: Current condition of the property at the time of renewal

4. Schedule 4 - House Rules: Updated building or property rules, if applicable

5. Appendix A - Energy Performance Certificate: Current energy performance certificate as required by Austrian law

6. Appendix B - Maintenance Schedule: Updated schedule of maintenance responsibilities and intervals

7. Appendix C - Original Lease: Copy of the original lease agreement for reference

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

Jurisdiction

Austria

Document Type

Lease Agreement

Cost

Free to use
Relevant legal definitions


























Clauses
























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