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A Leasehold Agreement is essential for any property rental arrangement in Austria, whether for residential or commercial purposes. It serves as the primary document governing the landlord-tenant relationship and must comply with Austrian legislation, particularly the Civil Code (ABGB) and Tenancy Act (MRG). The agreement should be used whenever a property owner wishes to grant temporary use rights to another party in exchange for rent. It includes crucial provisions about property usage, rent payments, maintenance obligations, and termination rights, while incorporating mandatory tenant protections under Austrian law. The document's structure and content must reflect specific Austrian legal requirements, which can vary depending on whether the property is residential or commercial, making it essential to adapt the agreement to the particular circumstances of each lease arrangement.

1. Parties: Identification of landlord and tenant with full legal names, addresses, and registration numbers if applicable

2. Background: Context of the lease agreement, including brief description of the property and parties' intention to enter into a lease relationship

3. Definitions: Key terms used throughout the agreement including 'Property', 'Lease Term', 'Rent', 'Common Areas', etc.

4. Property Description: Detailed description of the leased property including address, size, and included facilities

5. Lease Term: Duration of the lease, commencement date, and any renewal options

6. Rent and Payment Terms: Amount of rent, payment schedule, method of payment, and late payment consequences

7. Operating Costs and Utilities: Distribution of costs for utilities, maintenance, and other operating expenses

8. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit

9. Use of Property: Permitted use of the property and any restrictions

10. Maintenance and Repairs: Responsibilities of landlord and tenant for maintenance, repairs, and improvements

11. Insurance and Liability: Required insurance coverage and allocation of risks

12. Termination: Grounds for termination, notice periods, and consequences of termination

13. Final Provisions: Governing law, jurisdiction, and formal requirements for modifications