The Renew Rental Agreement is a crucial document used in Austrian property law when parties wish to extend an existing rental relationship beyond its initial term. It's particularly relevant when modifications to the original agreement are needed while maintaining the core rental relationship. This document type is governed by Austrian law, specifically the Mietrechtsgesetz (MRG) and the General Civil Code (ABGB), and is commonly used in both residential and commercial contexts. The agreement typically includes updates to rental terms, potentially modified conditions, and ensures compliance with any legislative changes that may have occurred since the original agreement. It's essential for landlords and tenants who wish to maintain their rental relationship while potentially adjusting terms to reflect current market conditions or changed circumstances.
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1. Parties: Identification of landlord and tenant(s) with full legal names, addresses, and registration numbers if applicable
2. Background: Reference to original rental agreement, its date, and reason for renewal
3. Definitions: Key terms used in the agreement, including any new terms not in the original agreement
4. Term of Renewal: Duration of the renewal period and effective date
5. Rent and Payment Terms: Updated rental amount, payment schedule, and any indexation clauses
6. Utility Charges and Operating Costs: Specification of which costs are included in rent and which are charged separately
7. Security Deposit: Confirmation of existing or modified security deposit arrangements
8. Maintenance and Repairs: Updated responsibilities for maintenance and repairs in accordance with current legislation
9. Use of Property: Confirmed or modified terms regarding permitted use of the property
10. Insurance Requirements: Updated insurance obligations for both parties
11. Governing Law: Confirmation of Austrian law governance and jurisdiction
12. Signatures: Execution block for all parties
1. Renovation Agreements: Include when specific renovations are planned during the renewal period
2. Modified House Rules: Include if there are new or updated house rules
3. Subletting Rights: Include if subletting terms are being modified in the renewal
4. Energy Efficiency: Include if there are new energy efficiency requirements or certificates
5. Pet Provisions: Include if pet policies are being modified or newly addressed
6. Parking Arrangements: Include if parking terms are being modified or newly addressed
7. Digital Communications: Include if adding provisions for electronic notices or digital payment systems
1. Schedule 1 - Property Description: Updated description of the rental property including any modifications or improvements
2. Schedule 2 - Inventory List: Updated list of furnishings and equipment provided with the property
3. Schedule 3 - Condition Report: Current condition of the property at renewal
4. Schedule 4 - House Rules: Current version of applicable house rules
5. Schedule 5 - Operating Costs Breakdown: Detailed breakdown of operating costs and calculation methods
6. Appendix A - Energy Performance Certificate: Current energy performance certificate for the property
7. Appendix B - Maintenance Schedule: Schedule of planned maintenance during the renewal period
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Residential Property
Commercial Property
Retail
Hospitality
Office Space
Industrial
Healthcare
Education
Professional Services
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Contract Administration
Corporate Services
Tenant Relations
Administration
Relevant Roles
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Contract Administrator
Operations Manager
Office Manager
Lease Administrator
Asset Manager
Building Manager
Real Estate Agent
Corporate Real Estate Manager
Housing Officer
Tenant Relations Manager
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