Access expertly crafted termination of lease agreement letter samples. Simplify your lease termination with our easy-to-follow templates and guidelines.
Termination of Lease Agreement Letter Sample
The termination of lease agreement denotes fulfilling the term of contract successfully. It can be written even in case either of the parties is not willing to go on with the contract. The termination of the lease agreement should be in tune with the provisions agreed upon in the contract letter. Otherwise the other party can seek compensation or any other penalty being specified in the contract letter.
Termination of Lease Agreement Writing Tips:
- The letter should specify the reason
- The line of argument for termination should be in tune to the provisions enclosed in the letter
- The tone of the letter should be balanced and polite
- Make clear the further actions that you intend to make before moving from the property
- Ask the landlord if there is something in his mind that he expects to carry out in the house that you rented
Termination of Lease Agreement Template
From,
__________
__________
__________
__________
Date: _____ (Date on Which Letter is Written)
To,
__________
__________
__________
__________
Subject – _______________________(Mention the purpose)
Respected _______(Name)
I am writing this letter to serve this one month’s notice to you as the owner of the house and my intention is to vacate the property _____(property address you’re renting) which I currently rent from you. Please accept this as a written document in the form of document in accordance with the provisions made in the contract letter and the tenancy agreement. I hereby propose to vacate the property on or before _______(tenancy end date or date you intend to move).
Hope you will get back to me very early
Thanking you.
Sincerely,
Name and signature
Termination of Lease Agreement Sample, Email and Example/Format
Sample
Respected Sir/Madam,
I am writing this as a one month’s written notice to vacate the property which I currently rent from you. Please accept this as a written notice in tune to the provisions laid out in the contract letter and the tenancy agreement as my intention to vacate the property on or before 17th November 2013.
From my part, I will clean the premises of the house to make it sure that it is clean and in proper order. Please instruct me if you have any instructions in this regard or concerned with any other matter related to my vacating the house well before.
Let me meet you at the property on the last day before handing you the keys in order to help you to check the property in my presence itself and thus the final agreement on the property can be agreed upon. Please make it a point to contact me to confirm a mutually convenient day and time.
As you are aware, and in accordance to the tenancy deposit protection provisions, you will need to return my security deposit to me within 10 days, however, if you are able to return this to me anytime sooner it would be greatly appreciated.
I look forward to hearing from you soon regarding these matters.
Yours sincerely,
Thanking you,
Yours sincerely,
Gurumurthy
Email Format
Mrs. Margie J. Holland
4874 Froe Street
Mill Creek, WV 26280
03 September, 2010
Subject: TERMINATION OF LEASE AGREEMENT
Dear, Mrs. Holland
This is with reference to lease agreement made between Mrs. Margie and Mr. Joseph for the period of one year. My flat which is there on 4874 Froe Street is been allotted to you on lease for the period of one year at an agreement that $ 2,000 will be your monthly rent.
I am please to inform you that you had been very punctual and made all your payments on time. Apart from paying your rent on time you also have maintained my property very well and formed a good relation with the fellow neighbors.
But I am extremely sorry to inform you that know you have to vacate my flat because I am facing some financial crises and hence I have to sell my property. I already got a great deal for my flat and have very less time i.e. 2 month therefore it’s my humble request to you that please accept this termination of lease and kindly vacate the flat before 2 months.
Yours truly,
Mr. Joseph C. Brown
1741 Stadium Drive
Framingham, MA 01702.
Why Termination of Lease Agreement Letter Sample
- Ensures Comprehensive Documentation
A sample provides a detailed format that includes all necessary components of a lease termination, such as notice period, reasons for termination, and final settlement terms, ensuring that all important aspects are addressed. - Facilitates Clear Communication
Using a sample helps clearly outline the terms and conditions of the lease termination, including specific dates, responsibilities, and procedures, reducing the risk of misunderstandings or disputes between landlord and tenant. - Streamlines the Drafting Process
A sample simplifies the creation of the termination of lease agreement letter by offering a structured template, making it easier to draft a formal and effective document without having to start from scratch. - Provides a Standardized Framework
A sample offers a consistent format that includes key sections such as the reason for termination, notice period, and obligations of both parties, ensuring that the letter is organized and professional. - Ensures Legal Compliance
A well-designed sample includes essential legal clauses and provisions that help ensure compliance with local lease termination laws and regulations, reducing the risk of legal issues. - Facilitates Customization
A sample can be easily modified to include specific details relevant to the lease termination, such as unique terms or conditions agreed upon by both parties, making the letter more tailored to the situation.
Importance Termination of Lease Agreement Letter
- Ensures All Key Details Are Included
A sample provides a structured format that ensures all crucial components of lease termination are addressed, such as notice periods, reasons for termination, and final settlement details. - Promotes Clear and Effective Communication
Using a sample helps to clearly define the terms of termination, including the specific date and any remaining responsibilities. This clarity helps prevent misunderstandings and conflicts between landlord and tenant. - Simplifies the Document Creation Process
A sample streamlines the drafting of the termination of lease agreement letter by offering a pre-designed template. This makes it quicker and easier to produce a well-organized and formal document without having to draft it from scratch. - Provides a Consistent and Professional Format
A sample ensures that the letter follows a standardized format, which helps maintain a professional appearance and ensures that all necessary sections are included. - Ensures Compliance with Legal Requirements
A well-prepared sample includes the legal clauses and provisions necessary to comply with local lease termination laws, reducing the risk of legal disputes and ensuring that the process is handled correctly. - Allows for Customization to Specific Situations
A sample can be tailored to fit the specifics of each lease termination, such as unique terms or conditions agreed upon by both parties, making the letter more relevant to the individual situation.