The Contract For Lease is a fundamental document in Austrian property law, used to formalize the relationship between landlords and tenants for both residential and commercial properties. This agreement type is governed by the Austrian Civil Code (ABGB) and the Tenancy Act (Mietrechtsgesetz), with specific provisions varying based on the property type and intended use. The document is essential when any party wishes to grant temporary use of their property to another in exchange for rent, requiring careful consideration of mandatory legal provisions, tenant protection regulations, and specific requirements for different property types. A Contract For Lease must address all key aspects of the rental relationship, including detailed property description, rent calculations, maintenance responsibilities, and termination provisions, while ensuring compliance with Austrian legal requirements and market practices.
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Key Requirements PROMPT example:
Contract For Lease
"I need an Austrian Contract For Lease for a retail space in Vienna's city center, approximately 200 square meters, with a 5-year term starting March 1, 2025, including specific provisions for storefront signage rights and after-hours access."
1. Parties: Identification and details of the landlord and tenant, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the lease agreement and brief description of the property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the leased property, including address, size, and designated use
5. Term and Commencement: Duration of the lease and commencement date, including any option periods
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and indexation provisions
7. Operating Costs and Utilities: Allocation of operating costs, utilities, and other charges between landlord and tenant
8. Security Deposit: Amount, form, and conditions for return of the security deposit
9. Use of Property: Permitted use of the property and any restrictions
10. Maintenance and Repairs: Responsibilities for maintenance, repairs, and renovations
11. Insurance and Liability: Required insurance coverage and liability allocation
12. Termination: Grounds and procedures for termination of the lease
13. Governing Law: Confirmation of Austrian law application and jurisdiction
14. Signatures: Execution section for all parties
1. Subletting and Assignment: Include when subletting or assignment rights are to be granted or specifically prohibited
2. Alterations and Improvements: Include for commercial properties or when significant modifications are anticipated
3. Break Clause: Include when early termination options are to be provided
4. Parking: Include when parking spaces are part of the lease
5. Common Areas: Include for properties in multi-tenant buildings
6. Green Lease Provisions: Include for environmentally conscious arrangements
7. Service Level Agreement: Include for commercial properties with specific service requirements
8. Change of Control: Include for corporate tenants where ownership changes might affect the lease
1. Floor Plan: Detailed plan showing the leased premises and measurements
2. Inventory List: List of furniture, fixtures, and equipment included in the lease
3. Condition Report: Detailed description of the property condition at lease commencement
4. House Rules: Building regulations and conduct rules
5. Operating Costs Breakdown: Detailed list of operating costs and calculation method
6. Maintenance Schedule: Schedule of regular maintenance responsibilities
7. Handover Protocol: Document to be completed at property handover
8. Energy Performance Certificate: Mandatory energy efficiency documentation
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Commercial Property
Residential Property
Retail
Office Space
Industrial
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Healthcare
Education
Logistics
Manufacturing
Relevant Teams
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Real Estate
Operations
Facilities Management
Asset Management
Risk & Compliance
Finance
Property Management
Commercial
Procurement
Relevant Roles
Real Estate Manager
Property Manager
Legal Counsel
Contract Manager
Facility Manager
Asset Manager
Leasing Manager
Real Estate Agent
Commercial Director
Operations Manager
Risk Manager
Compliance Officer
Financial Controller
Portfolio Manager
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