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Termination Of Lease Agreement

Termination Of Lease Agreement Template for Switzerland

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Key Requirements PROMPT example:

Termination Of Lease Agreement

"I need a Termination of Lease Agreement for my commercial office space in Zurich, with the lease ending on March 31, 2025, including provisions for the return of office furniture and restoration of the premises to its original condition."

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Document background
The Termination of Lease Agreement is a crucial document used when either a landlord or tenant wishes to formally end a lease arrangement in Switzerland. It must comply with the Swiss Code of Obligations (OR/CO) and the Ordinance on the Rental and Lease of Residential and Commercial Premises (VMWG), which provide strict guidelines on termination notices, procedures, and tenant protections. The document is required whenever a lease is being terminated, whether at the end of its natural term or through early termination, and must include specific provisions required by Swiss law, such as notice periods, property return conditions, and final settlement terms. It's particularly important in Switzerland where tenancy law is heavily regulated and tenant-friendly, requiring careful attention to formal requirements and mandatory provisions.
Suggested Sections

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

2. Background: Reference to the original lease agreement including its date and property details

3. Definitions: Key terms used in the termination agreement

4. Termination Date: Clear statement of the effective date of termination, ensuring compliance with Swiss notice periods

5. Property Return: Specifications for the condition of return, inspection process, and key handover as per VMWG requirements

6. Final Settlement: Details of final rent payment, utility bills, and security deposit return process

7. Outstanding Obligations: List of any remaining obligations of both parties including repairs and maintenance

8. Mutual Release: Release of parties from future obligations under the lease, subject to completion of termination conditions

9. Governing Law: Confirmation of Swiss law application and jurisdiction

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

Optional Sections

1. Early Termination Provisions: Include when termination occurs before the regular end date of the lease, specifying any compensation or special conditions

2. Dispute Resolution: Include when there are existing disputes or potential areas of disagreement that need specific resolution procedures

3. Forwarding Address: Include when tenant is moving to a new address and needs to specify contact details for future correspondence

4. Utilities Transfer: Include when there are specific arrangements needed for transfer or termination of utility contracts

5. Renovation Works: Include when there are specific agreements about restoration works or improvements made by the tenant

6. Sub-lease Termination: Include when there are sub-tenants involved who need to be addressed in the termination process

Suggested Schedules

1. Official Termination Form: Mandatory cantonal form for lease termination as required by Swiss law

2. Property Inspection Report: Detailed documentation of property condition and any damage assessment

3. Utility Readings: Final readings of all relevant meters (heating, water, electricity, etc.)

4. Security Deposit Details: Documentation of security deposit amount and bank details for return

5. Maintenance Records: List of completed maintenance and repairs during tenancy

6. Handover Protocol: Official document recording the return of keys and property condition at termination

7. Outstanding Payments Schedule: Detailed list of any remaining payments or credits between parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Clauses






























Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail

Hospitality

Office Space

Industrial

Manufacturing

Warehousing

Professional Services

Relevant Teams

Legal

Real Estate

Property Management

Facilities Management

Operations

Asset Management

Compliance

Administrative

Contract Management

Tenant Relations

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Legal Counsel

Leasing Manager

Asset Manager

Property Administrator

Real Estate Agent

Building Manager

Operations Manager

Contract Manager

Compliance Officer

Housing Officer

Tenant Relations Manager

Real Estate Lawyer

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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