Extraordinary Grounds For Termination Of Lease Agreements For Residential And Roofed Workplaces
Important reasons
Either party may terminate the lease agreement at any time by complying with the legal termination notice period in the event that there are significant reasons that make the continuation of the lease relationship unbearable for it. Here, the party that encounters an unforeseeable and intolerable development may terminate the lease agreement by compensating the other party to a certain extent for the damages arising from the early termination. Here, the judge will evaluate whether the termination request is valid or not and will determine the monetary consequences of the extraordinary termination notice according to the nature of the case, taking into account the facts and circumstances.
Bankruptcy of the lessee
If the lessee becomes bankrupt after the delivery of the leased property, the lessor may require security for the future rent. The lessor shall give the lessee and the bankruptcy estate a suitable period of time in writing for the provision of security. If no assurance is given within this period, the lessor may terminate the agreement immediately without complying with any termination notice period.
Death of the lessee
In the event of the death of the tenant, the lease agreement does not terminate automatically and the heirs inherit the lease agreement together with the inheritance (jointly) and become a party to the agreement. The heirs may terminate the agreement for the end of the nearest termination period by complying with the legal termination notice period. Termination by this method is possible for both fixed and indefinite term workplace lease agreements.