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Early Termination Of Tenancy Agreement

Early Termination Of Tenancy Agreement Template for Denmark

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Early Termination Of Tenancy Agreement

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Document background
The Early Termination of Tenancy Agreement is a crucial document used when either the landlord or tenant needs to end a lease agreement before its scheduled completion date under Danish law. This document is typically employed in situations such as tenant relocation, property sale, or other circumstances where both parties agree to terminate the lease early. It includes essential provisions required by the Danish Rent Act (Lejeloven) regarding notice periods, property condition requirements, and financial settlements. The agreement protects both parties by clearly documenting the termination terms, handling of deposits, final inspection arrangements, and utility transfer procedures. It's particularly important in Denmark's regulated rental market where specific legal requirements must be met for valid lease termination.
Suggested Sections

1. Parties: Identification of the landlord and tenant(s), including full names, addresses, and contact details

2. Background: Brief context about the original tenancy agreement and the reason for early termination

3. Definitions: Definitions of key terms used throughout the agreement

4. Termination Date: Specific date when the tenancy will end and details of key handover

5. Notice Period: Confirmation of the notice period being given and compliance with Danish law requirements

6. Financial Settlement: Details of rent payments up to termination, handling of deposits, and prepaid rent

7. Property Condition: Requirements for the condition in which the property must be returned

8. Final Inspection: Arrangements for the final property inspection and documentation

9. Utilities and Services: Process for ending or transferring utility contracts and final meter readings

10. Keys and Access: Arrangements for returning keys and access devices

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

Optional Sections

1. Furnished Property Provisions: Additional terms regarding furnished items, only included if the property was let furnished

2. Subletting Arrangements: Terms relating to ending any subletting arrangements, if applicable

3. Maintenance Works: Specific agreements about ongoing maintenance works that need to be addressed before termination

4. Forwarding Address: Section for tenant's forwarding address for future correspondence, particularly relevant for international tenants

5. Early Release Conditions: Specific conditions that must be met for early release from the tenancy, if applicable

6. Property Marketing: Terms regarding property viewings for new tenants, if agreed

7. Outstanding Repairs: Section addressing any outstanding repairs or maintenance issues, if relevant

Suggested Schedules

1. Schedule 1 - Property Inventory: Detailed inventory of the property and its contents, particularly important for furnished properties

2. Schedule 2 - Condition Report: Current condition report of the property to be used as reference for the final inspection

3. Schedule 3 - Financial Statement: Detailed breakdown of all financial settlements, including rent, deposits, and any deductions

4. Schedule 4 - Utility Readings: Record of final utility meter readings and account numbers

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

6. Appendix B - Supporting Documentation: Any relevant supporting documents such as correspondence or notices

7. Appendix C - Photographic Evidence: Current photographs of the property condition, if applicable

Authors

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Relevant Industries
Relevant Teams
Relevant Roles
Industries
Danish Rent Act (Lejeloven): The primary legislation governing residential tenancies in Denmark, covering tenant and landlord rights, termination procedures, notice periods, and valid grounds for early termination
Danish Housing Regulation Act (Boligreguleringsloven): Contains supplementary provisions regarding rent control, maintenance obligations, and specific regulations for properties in regulated municipalities
Danish Contract Act (Aftaleloven): Provides general principles of contract law, including formation, validity, and termination of contracts, which apply to tenancy agreements
Danish Deposit and Prepaid Rent Act (Depositums- og Forudbetalt Lejelov): Regulates the handling of security deposits and prepaid rent, including rules for refund calculations during early termination
EU General Data Protection Regulation (GDPR): Relevant for handling personal data in the tenancy agreement and termination process, ensuring compliance with data protection requirements
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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