This is an example of a Lease Termination Agreement. This agreement is between Landlord and Tenant that allows the cancellation of a lease with no consequences to, or conditions placed upon, either Landlord or Tenant. The Tenant thereby surrenders all interest in the property. The form may be customized to suit your needs.
If you're facing special circumstances like illness or job relocation, it’s worth discussing with your landlord. Some might be flexible and willing to work with you.
Your security deposit should be returned, but it may be docked for any unpaid rent or damages, so make sure the place is in good shape!
Yes, your landlord can refuse if the lease doesn’t allow for early termination or if you haven't followed the proper procedures outlined in the agreement.
Typically, you'll need to give at least 30 days' notice, but it's best to check your specific lease agreement for the exact timeframe.
It's important to put things in writing to avoid any misunderstandings down the line. A written termination shows both parties are on the same page.
A lease termination agreement is a document that both the landlord and tenant sign to officially end a rental lease before its original expiration date.