This Early Tenancy Termination agreement is designed for use under Danish law when parties wish to formally end a lease agreement before its original termination date. It is particularly relevant when both landlord and tenant have mutually agreed to terminate the lease early, or when early termination rights are being exercised under Danish housing legislation. The document incorporates essential elements required by the Danish Rent Act (Lejeloven), including notice periods, property inspection requirements, and deposit handling procedures. It provides a structured framework for managing the termination process, protecting both parties' interests while ensuring legal compliance. The agreement is suitable for both residential and commercial tenancies and includes provisions for financial settlements, property condition assessment, and utility transfer arrangements.
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Key Requirements PROMPT example:
Early Tenancy Termination
I need an Early Tenancy Termination agreement for a residential apartment in Copenhagen, where the tenant is moving abroad and we've mutually agreed to end the lease on March 1, 2025, with special provisions for virtual property inspection.
1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and contact information
2. Background: Brief context of the original tenancy agreement and the circumstances leading to early termination
3. Definitions: Key terms used throughout the agreement, including 'Termination Date', 'Property', 'Original Lease', etc.
4. Termination Date: Specific date when the tenancy will end and handover of property will occur
5. Notice Period: Confirmation of the notice period being given and compliance with Danish Rent Act requirements
6. Financial Settlement: Details of final rent payment, handling of deposits, and any agreed compensation
7. Property Condition: Requirements for the condition in which the property must be returned and inspection arrangements
8. Keys and Access: Arrangements for returning keys and providing access for final inspection
9. Utilities and Services: Process for terminating or transferring utility contracts and final meter readings
10. Final Settlement: Timeline and process for settling final accounts, including deposit return
11. Governing Law: Confirmation that the agreement is governed by Danish law
1. Subletting Arrangements: Include when there are existing subtenants or subletting arrangements that need to be terminated
2. Renovation Works: Include when there are ongoing or planned renovation works that affect the termination
3. Forwarding Address: Include when the tenant is moving abroad or specific arrangements are needed for future communications
4. Outstanding Repairs: Include when there are specific repair obligations that need to be addressed before termination
5. Third Party Rights: Include when there are third parties with rights related to the property or tenancy
6. Insurance Claims: Include when there are ongoing insurance claims that need to be addressed
1. Schedule 1 - Property Inventory: Detailed inventory of the property and its contents at the time of termination agreement
2. Schedule 2 - Financial Statement: Breakdown of all financial obligations, including rent, deposits, and any agreed compensation
3. Schedule 3 - Property Inspection Report: Current condition report and documentation of any damage or wear and tear
4. Schedule 4 - Utility Accounts: List of all utility accounts and current meter readings
5. Appendix A - Original Lease Agreement: Copy of the original lease agreement for reference
6. Appendix B - Photographic Evidence: Current photographs of the property condition
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Residential Housing
Commercial Property
Student Housing
Senior Living
Social Housing
Property Investment
Legal Services
Relevant Teams
Legal
Property Management
Real Estate
Compliance
Operations
Facilities Management
Tenant Relations
Asset Management
Administrative Support
Risk Management
Relevant Roles
Property Manager
Legal Counsel
Real Estate Manager
Housing Officer
Lease Administrator
Compliance Officer
Facilities Manager
Property Administrator
Tenant Relations Manager
Real Estate Attorney
Housing Association Manager
Building Manager
Asset Manager
Property Portfolio Manager
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