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Early Lease Termination Agreement for Germany

Early Lease Termination Agreement Template for Germany

A legally binding agreement under German law (B眉rgerliches Gesetzbuch - BGB) that facilitates the mutual termination of a lease agreement before its original end date. This document outlines the terms and conditions for early termination, including the specific termination date, property handover procedures, settlement of financial obligations, and return of security deposits. It ensures compliance with German tenancy law requirements while protecting both landlord and tenant interests through clear documentation of their agreed terms for early lease conclusion.

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Early Lease Termination Agreement

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What is a Early Lease Termination Agreement?

The Early Lease Termination Agreement is a crucial document used when both landlord and tenant agree to end a lease before its scheduled termination date under German law. This document is particularly relevant in situations where circumstances require early termination, such as tenant relocation, property sale, or other mutually agreed reasons. It comprehensively addresses all aspects of the lease termination process, including specific dates, financial settlements, property condition requirements, and mutual releases. The agreement must comply with German Civil Code (BGB) requirements, particularly sections 搂542-555, governing lease terminations and ensuring proper documentation of the parties' agreements. It serves as a vital tool for property managers and landlords in both residential and commercial contexts, providing legal certainty and clear guidelines for the termination process.

What sections should be included in a Early Lease Termination Agreement?

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

2. Background: Brief description of the existing lease agreement and the parties' intention to terminate early

3. Definitions: Definition of key terms used in the agreement

4. Termination Date: Specific date when the lease will terminate and confirmation of mutual agreement to this date

5. Property Handover: Details of the property inspection and handover process, including timing and requirements

6. Security Deposit: Arrangements for the return of the security deposit, including timing and any deductions

7. Final Payments: Settlement of final rent, utilities, and any other outstanding payments

8. Release of Obligations: Mutual release of future obligations under the original lease agreement

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

10. Signatures: Execution blocks for all parties

What sections are optional to include in a Early Lease Termination Agreement?

1. Forwarding Address: Section specifying tenant's new address for future correspondence, required if tenant is moving to a new location

2. Repairs and Restoration: Details of any required repairs or restoration work, needed if there are specific property condition issues

3. Payment Plan: Schedule of any agreed installment payments, needed if parties agree to spread certain payments over time

4. Keys and Access Devices: Specific provisions about return of keys and access devices, needed if there are multiple sets or special access systems

5. Utilities Transfer: Provisions for transferring or terminating utility contracts, needed if utilities are in tenant's name

6. Personal Property: Provisions regarding removal of tenant's personal property, needed if there are specific items to be addressed

What schedules should be included in a Early Lease Termination Agreement?

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

2. Schedule 2 - Settlement Statement: Detailed breakdown of all financial settlements including rent, utilities, and deposit calculations

3. Schedule 3 - Original Lease Agreement: Copy of the original lease agreement being terminated

4. Appendix A - Handover Protocol: Checklist and procedure for the physical handover of the property

5. Appendix B - Utility Readings: Final readings for all relevant utilities at termination date

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

Germany

Document Type

Cancellation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions























Clauses






















Relevant Industries

Real Estate

Residential Property

Commercial Property

Property Management

Retail

Office Space

Industrial

Hospitality

Student Housing

Relevant Teams

Legal

Real Estate

Property Management

Leasing

Operations

Compliance

Finance

Asset Management

Facility Management

Tenant Relations

Relevant Roles

Property Manager

Real Estate Manager

Leasing Manager

Legal Counsel

Tenant Relations Manager

Asset Manager

Facility Manager

Property Administrator

Real Estate Attorney

Compliance Officer

Housing Manager

Building Manager

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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