A Rental Termination Agreement is essential when both landlord and tenant mutually agree to end a rental relationship outside the standard notice period specified in the original lease. This document, governed by German law, particularly the German Civil Code (BGB), provides a structured framework for terminating the tenancy while protecting both parties' interests. It typically includes specific details about the termination date, property handover conditions, security deposit return, utility bill settlements, and mutual release clauses. The agreement is particularly useful in situations where an early termination is desired, or when parties wish to document specific conditions for the end of tenancy, ensuring clarity and legal certainty in the termination process. It helps prevent future disputes by clearly documenting all aspects of the termination arrangement.
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1. Parties: Identification of landlord and tenant(s) with full legal names and addresses
2. Background: Details of the original rental agreement, property address, and current situation
3. Definitions: Key terms used in the agreement
4. Termination Date: Specific date when the tenancy will end and confirmation that both parties agree to this date
5. Property Handover: Details of the handover process, including timing and requirements for property condition
6. Security Deposit: Terms for the return of the security deposit, including timeline and conditions
7. Final Settlements: Arrangements for final utility bills and operating costs settlement
8. Keys Return: Number of keys to be returned and process for return
9. Mutual Release: Statement that both parties release each other from future claims related to the tenancy
10. Governing Law: Confirmation that the agreement is governed by German law
11. Signatures: Space for dated signatures of all parties
1. Renovation Requirements: Used when specific renovation or repair works are required before moving out
2. Existing Damage: Used when there is pre-existing damage that needs to be documented and agreed upon
3. Forwarding Address: Used when the tenant needs to provide a forwarding address for future correspondence
4. Early Termination Compensation: Used when the termination occurs before the regular notice period and compensation is agreed
5. Remaining Rent Payments: Used when there are outstanding rent payments to be settled
6. Property Access: Used when specific arrangements for property viewings before move-out need to be documented
1. Schedule 1 - Property Condition Report: Detailed documentation of the property's current condition with photos
2. Schedule 2 - Utility Meters: Final meter readings for all utilities
3. Schedule 3 - Inventory List: List of any fixtures and fittings and their condition, if relevant
4. Appendix A - Repair Cost Agreement: If applicable, itemized list of agreed repairs and associated costs
5. Appendix B - Handover Protocol Template: Template for the final handover inspection to be completed on moving day
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Relevant Teams
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Administrative Support
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Property Manager
Legal Counsel
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