Fixed-term Lease Agreement
A fixed-term lease agreement is a rental contract that is set for a specific duration. For instance, someone might rent an apartment for one year, which is governed by a fixed-term lease. Once the period ends, the lease automatically terminates without needing a notice.
For residents in Germany or Austria, it’s crucial to know that a fixed-term lease must comply with § 575 BGB (German Civil Code) and meet specific conditions. Common mistakes include tenants thinking they can terminate the lease early, which is usually not allowed. It’s advisable to read the contract carefully and be aware of deadlines.
Related documents on DokBrief:
- Lease Termination (Apartment) — Information on terminating lease agreements.
