The Notice For Increase Of Rent is a critical document in Austrian property management, used when landlords or property managers need to implement a rent increase in accordance with Austrian tenancy law. This document is typically used when rent increases are permitted either by the terms of the lease agreement or by statutory provisions, such as index-based adjustments linked to the Consumer Price Index (VPI). The notice must comply with the Austrian Tenancy Act (Mietrechtsgesetz) requirements, including proper notice periods (typically three months) and clear justification for the increase. It should be used when the landlord has a legal basis for the increase, such as inflation adjustment clauses, increased operating costs, or other legally permitted grounds. The document serves both as a formal notification and as a legal record of the rent adjustment process.
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1. Sender Details: Full name and address of the landlord or property management company
2. Recipient Details: Full name and address of the tenant(s)
3. Date: Date of the notice issuance
4. Property Identification: Clear identification of the rental property including address and any relevant unit numbers
5. Current Rent Information: Statement of current rent amount and payment terms
6. New Rent Information: Clear statement of new rent amount and effective date of increase
7. Legal Basis: Reference to relevant clause in rental agreement and/or applicable law permitting the increase
8. Calculation Explanation: Clear explanation of how the new rent was calculated (e.g., based on Consumer Price Index)
9. Notice Period Statement: Confirmation that the legally required notice period is being observed
10. Signature: Landlord's or authorized representative's signature
1. Payment Instructions: Include if payment details are changing along with the rent increase
2. Previous Increases History: Include if there's a need to justify the increase by showing history of previous increases
3. Operating Costs Breakdown: Include if the rent increase involves changes to operating costs (Betriebskosten)
4. Maintenance Cost Justification: Include if the increase is partially based on significant maintenance or improvements to the property
1. Consumer Price Index Calculation: Detailed calculation showing how the new rent was determined based on the VPI (Verbraucherpreisindex)
2. Copy of Relevant Rental Agreement Clause: Copy of the specific clause from the rental agreement that permits rent increases
3. Property Maintenance Documentation: If applicable, documentation of property improvements or maintenance justifying the increase
4. Operating Costs Statement: If applicable, detailed breakdown of operating costs changes
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