Ending A Fixed Term Lease Early Template for Germany

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Key Requirements PROMPT example:

Ending A Fixed Term Lease Early

"I need an agreement for Ending A Fixed Term Lease Early for my commercial office space in Berlin, with termination planned for March 1, 2025, including specific provisions for removing installed office equipment and transferring utility contracts."

Document background

This document is essential when parties to a fixed-term lease agreement in Germany mutually agree to end their lease arrangement before the originally scheduled termination date. The agreement for Ending A Fixed Term Lease Early must comply with the German Civil Code (BGB) and includes crucial elements such as termination dates, financial settlements, property handover procedures, and mutual releases. It's particularly relevant in situations where circumstances change for either the landlord or tenant, requiring early termination of the lease. The document provides legal certainty and protection for all parties involved, ensuring compliance with German tenancy laws while addressing practical aspects such as security deposit returns, final utility readings, and property condition requirements. This agreement is commonly used in both residential and commercial contexts and must adhere to specific form requirements under German law.

Suggested Sections

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

2. Background: Reference to the original lease agreement, its date, and property address

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

4. Early Termination Agreement: Statement of mutual agreement to terminate the lease early and the effective termination date

5. Financial Settlement: Details of any rent payments, deposit returns, and other financial obligations

6. Property Handover: Specifications for the condition of the property upon return and the handover process

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

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

9. Signatures: Space for dated signatures of all parties

Optional Sections

1. Renovation Requirements: Used when specific renovation or restoration work is required before handover

2. Utility Transfer: Include when arrangements for transferring or terminating utility contracts need to be specified

3. Outstanding Repairs: Used when there are existing repair obligations that need to be addressed

4. New Tenant Arrangements: Include when coordinating with a new tenant taking over the property

5. Insurance Matters: Used when there are specific insurance considerations or requirements

6. Dispute Resolution: Include when parties wish to specify particular dispute resolution procedures

Suggested Schedules

1. Property Condition Report: Detailed documentation of the property's current condition

2. Financial Statement: Breakdown of all financial settlements, including deposit calculations

3. Handover Protocol: Checklist for the final property inspection and key handover

4. Original Lease Reference: Copy or key terms of the original lease agreement

5. Utility Readings: Documentation of final utility meter readings

Authors

Alex Denne

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

alex.den.21@genieai.co

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

Property Management

Facilities

Operations

Asset Management

Tenant Relations

Contract Administration

Compliance

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Legal Counsel

Property Administrator

Leasing Manager

Asset Manager

Real Estate Agent

Housing Coordinator

Tenant Relations Manager

Property Operations Director

Real Estate Portfolio Manager

Compliance Officer

Contract Administrator

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Authors

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Terminate The Lease Agreement