Due to recent conclusion of the War of the Quadruple Alliance (1717-1720) and the earlier War of the Spanish Succession (1700-1714), and even though both of these wars had prior states of peace written, Austria and Spain both saw it necessary to make an established bilateral peace on matters that affected both nations personally. In fact, this peace was directly modeled off the previous Treaty of London (1718) and the Treaty of The Hague (1720).