The Lease Termination Addendum is a crucial document used in Switzerland when parties mutually agree to end a lease agreement before its scheduled termination date or to formally document the end of a lease. This document must comply with Swiss tenancy laws, particularly the Swiss Code of Obligations (Obligationenrecht) and relevant cantonal regulations. It serves to protect both landlord and tenant interests by clearly documenting the agreed termination date, handling of the security deposit, final inspection procedures, and any financial settlements. The addendum becomes especially important in preventing future disputes and ensuring a smooth transition of property possession. It should be used whenever there is an early termination by mutual consent or when parties wish to formally document the end of their lease relationship with specific terms and conditions.
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1. Parties: Identification of the landlord and tenant, including full legal names and addresses
2. Background: Reference to the original lease agreement, including date of execution and property address
3. Definitions: Key terms used in the addendum, including 'Termination Date', 'Original Lease', and 'Property'
4. Termination Agreement: Mutual agreement to terminate the lease, specifying the exact termination date
5. Property Inspection: Details of the final inspection process, timing, and documentation requirements
6. Return of Keys: Specifications for when and how keys must be returned
7. Security Deposit: Process and timeline for the return of the security deposit
8. Final Payments: Details of any final rent payments, utilities, or other charges
9. Governing Law: Confirmation that Swiss law governs the addendum
10. Signatures: Execution block for all parties
1. Forwarding Address: Section for tenant's new address for future correspondence, required if tenant is moving to a new location
2. Outstanding Repairs: Details of any repairs needed or in progress, include if there are unresolved maintenance issues
3. Early Termination Fee: Include if the termination occurs before the original lease end date and includes penalties
4. Utilities Transfer: Instructions for transferring or terminating utility services, include if utilities are in tenant's name
5. Personal Property: Provisions regarding abandoned property, include if there's a risk of items being left behind
6. Release of Claims: Mutual release of future claims, include if there have been disputes or potential claims
1. Schedule A - Property Condition Report: Detailed checklist for documenting the condition of the property at termination
2. Schedule B - Outstanding Payments Schedule: List of any remaining payments or adjustments to be made
3. Schedule C - Key Inventory: List of all keys, access cards, and remote controls to be returned
4. Appendix 1 - Inspection Guidelines: Detailed guidelines for the final property inspection process
5. Appendix 2 - Cleaning Requirements: Specific cleaning requirements for property handover
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