Termination Of Lease By Agreement

State:
Multi-State
Control #:
US-0213LR
Format:
Word; 
Rich Text
Instant download

Description

The Termination of Lease by Agreement form is a crucial document for landlords and tenants, facilitating the formal conclusion of a lease while ensuring clear communication between the parties involved. This model letter enables landlords to notify tenants of the decision to terminate the lease, specifying the reason for termination and the required move-out date to ensure the tenant has adequate time to relocate. Key features include customizable sections for property address, recipient details, and a personalized closing that maintains a professional tone. For attorneys, this form aids in drafting effective lease termination notices that adhere to legal requirements. Partners and owners benefit from having a standardized method to manage lease agreements efficiently, while paralegals and legal assistants find it useful for ensuring all essential details are captured in legal correspondence. The form is versatile for various use cases, from property management to individual rental situations, catering to both experienced users and those new to lease agreements. Overall, this template promotes clarity and professionalism in lease terminations, making it an essential tool in the US Legal Forms library.

How to fill out Sample Letter For Termination Of Lease - Decision No Longer Rent Property?

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FAQ

Dear (landlord's name), I, (Tenant's Name), am writing to inform you that I intend to terminate my lease agreement. I am delivering this notice (number of days before your lease ends) days before my lease for (rental unit address) comes to an end. The last day of my tenancy will be on (day, month, year).

Provide a written request: Prepare a formal written request to remove a name from the lease. In the letter, explain the reasons for the request and provide any supporting documentation, such as a signed agreement from the remaining tenant or proof of a terminated relationship.

To request the removal of a name from your lease, the remaining tenant(s) and the departing co-tenant should send a certified letter to the landlord. The landlord should always check that the person whose name is being removed wants to be taken off.

I wish to inform you that I will be terminating my lease on [date you plan to terminate]. This letter provides the necessary notice of [required notice] as outlined in the lease. I will move out my belongings and return my keys to [address of property management office] by [date you plan to terminate].

If one co-tenant is leaving in a periodic term, they can end their own tenancy under a periodic agreement by giving a 21- day termination notice to the landlord and each other co-tenant. Once they vacate the premises by the date in the notice, they are no longer a tenant under the agreement.

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Termination Of Lease By Agreement