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Cancellation Of Tenancy Agreement

Cancellation Of Tenancy Agreement Template for Denmark

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Cancellation Of Tenancy Agreement

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Document background
The Cancellation of Tenancy Agreement is a crucial document used when both landlord and tenant mutually agree to terminate their rental relationship outside of standard notice periods. This document, governed by Danish law and particularly the Danish Rent Act (Lejeloven), provides a formal framework for early or agreed termination of both residential and commercial tenancies. It includes essential details such as the termination date, property handover requirements, settlement of accounts, and release of future obligations. The agreement ensures compliance with Danish housing regulations while protecting both parties' interests during the termination process. It's particularly useful in situations where circumstances require a mutually agreed early termination, such as job relocations, property sales, or other significant changes affecting either party.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including full names, addresses, and any reference numbers

2. Background: Brief context about the original tenancy agreement, including its date, property address, and reference number

3. Definitions: Key terms used in the agreement, including 'Property', 'Tenancy Agreement', 'Termination Date'

4. Cancellation: Clear statement of the mutual agreement to terminate the tenancy, specifying the effective termination date

5. Handover of Property: Details of when and how the property will be handed over, including key return and inspection arrangements

6. Final Settlement: Terms for the settlement of rent, utilities, and deposit, including final meter readings and payment deadlines

7. Property Condition: Requirements for the condition in which the property must be returned, including cleaning and repair obligations

8. Release of Obligations: Statement releasing both parties from future obligations under the original tenancy agreement, subject to completion of final settlement

9. Governing Law: Confirmation that the agreement is governed by Danish law

10. Signatures: Space for dated signatures of all parties

Optional Sections

1. Outstanding Repairs: Used when there are specific repair works to be completed before or after the termination date

2. Early Termination Fee: Include when the cancellation occurs before the end of a fixed term and involves a compensation payment

3. Forwarding Address: Required when the tenant needs to provide a new address for future correspondence and deposit return

4. Storage of Belongings: Needed when arrangements must be made for temporary storage of tenant's remaining possessions

5. Key Holder Arrangements: Used when third-party key holders or property managers are involved in the handover process

6. Dispute Resolution: Include when specific dispute resolution procedures are agreed upon

Suggested Schedules

1. Schedule 1 - Property Inspection Report: Detailed checklist and report documenting the condition of the property at termination

2. Schedule 2 - Utility Readings: Final meter readings for electricity, water, heating, and other utilities

3. Schedule 3 - Settlement Calculation: Detailed breakdown of final payments, including rent, utilities, and deposit deductions

4. Appendix A - Photographic Evidence: Dated photographs documenting the property's condition at termination

5. Appendix B - Original Tenancy Agreement: Copy of the original tenancy agreement being terminated

Authors

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Relevant Industries
Relevant Teams
Relevant Roles
Industries
Danish Rent Act (Lejeloven): Primary legislation governing residential tenancies in Denmark, including provisions for termination of rental agreements, notice periods, and formal requirements for cancellation
Danish Housing Regulation Act (Boligreguleringsloven): Contains specific provisions for rental properties in regulated municipalities, including requirements for termination in regulated housing
Danish Contract Act (Aftaleloven): Provides general contract law principles applicable to the formation and termination of agreements, including requirements for valid consent and formal documentation
Danish Residential Democracy Act (Beboerdemokrati): Relevant for social housing and properties with tenant democracy, potentially affecting the process of termination in such properties
Danish Administration of Justice Act (Retsplejeloven): Contains provisions regarding dispute resolution and legal proceedings in case of conflicts arising from the termination of tenancy agreements
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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