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This means that your landlord is okay with you leaving the property early and there is no confusion or clash of any sort. However, as a tenant, you would have to give a notice period of at least 30 days or the term that the Rent Control Act of your locality or your state enforces.
What's in an Early Termination of Lease Letter? Tenant Name(s): Your name and contact information. Tenant Address: The address you're vacating. Requested Termination Date: The date you need to vacate. Reason for Termination: Your reason for terminating the lease early.
Tenant may, upon 30 days' written notice to Landlord, terminate this lease provided that the Tenant pays a termination charge equal to 2 months' rent or the maximum allowable by law, whichever is less. Termination will be effective as of the last day of the calendar month following the end of the 30 day notice period.
The reason for the termination is [explain why you are leaving]. I really enjoyed staying here and will clean the house/apartment before moving out. I will hand over my keys to you on [date] if you are available on this date. I request you to send my security deposit to [mention your new address/account number].
Early termination contract refers to the dissolution of a contract before the term of that contract has concluded. This will usually occur due to breach of contract, which involves a party failing to uphold the terms of the contract they signed.