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Early Termination in relation to Tenancy / Lease

Early Termination in relation to Tenancy / Lease

Mutual Agreement

In relation to a lease / tenancy / rental, this is an Early Termination Mutual Agreement in which both the Landlord and the Tenant agree to terminate the tenancy early.

The signing of the document represents that the Landlord and the Tenant have agreed to the new termination date, and the Tenant will deliver vacant possession of the Premises and pay for any outstanding rent as well as water, electricity, and other utilities until the Termination Date.

In addition, if the Premises is not in the same repair and condition as when it was first leased (fair wear and tear and damage caused by inherent defect excepted), both parties shall agree to an amount to bring the Premises back to the original conditions. 

How to use the Document?

This document can be used as a template for an Early Termination Mutual Agreement in which both the Landlord and the Tenant agree to terminate the tenancy early. Resolves the issue of payment prior to termination. 

This document should be read carefully by the Landlord and the Tenant

You may customise the document by including details of details such as the address of the property under tenancy, the name of the Tenant, the Termination Date in which the property will be handed back to the Landlord, and the details of the event stipulating the early termination.

How to Tailor the Document for Your Need?

  1. Create Document: Click the “Create Document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account.  

  2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and clicking the “Next” button. 

  3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format

 
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