Cancellation Of Tenancy Agreement

Cancellation Of Tenancy Agreement Template for Denmark

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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

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