Early Termination in relation to Tenancy / Lease

The document titled 'Early Termination in relation to Tenancy / Lease' is an important document that addresses the early termination of a tenancy agreement. It is a written notice from the tenant to the landlord, notifying them of their intention to terminate the agreement due to a breach by the landlord. The document consists of several sections, each serving a specific purpose.

 

The document begins with the account information of the sender, including their first name, last name, and address. This information is necessary for identification purposes. It is followed by the details of the party 1, including their name, address, and contact person.

 

The next section is the introduction, where the sender addresses the party 1 contact and notifies them of the early termination of the tenancy agreement. The sender mentions the specific clause of the agreement that has been breached and provides reasons for the breach. They also state the termination date, which is the date on which they will vacate the premises.

 

The following section discusses the payment of rent and utilities until the termination date. The sender states that they will deduct these amounts from the security deposit and expects the landlord to refund the remainder of the deposit on the termination date.

 

Depending on the situation, there are two possible scenarios mentioned in the document. If the sender wants to reserve their rights against the landlord's breach, they mention it in a conditional statement. Otherwise, they state that neither the landlord nor the tenant will have any claim against each other after the transfer of the premises and payment of utilities.

 

The document ends with the sender's name and an acknowledgment section for party 1 to acknowledge receipt of the notice.

 

In summary, this document is a detailed notice of early termination of a tenancy agreement, highlighting the breach by the landlord and the actions to be taken by both parties. It covers various aspects such as account information, breach notification, termination date, payment of rent and utilities, and the resolution of any potential claims.

How to use this document?

1. Enter account information: Fill in the sender's account first name, last name, and address in the designated fields.

2. Provide party 1 details: Fill in the name, address, and contact person of party 1 in the appropriate sections.

3. Introduce the termination: Address the party 1 contact and clearly state the intention to terminate the tenancy agreement due to a breach by the landlord. Specify the breached clause and provide reasons for the breach.

4. Set the termination date: Mention the specific date on which the sender will vacate the premises.

5. Handle payment of rent and utilities: State that the rent and utilities will be paid until the termination date and will be deducted from the security deposit. Expect the landlord to refund the remaining deposit on the termination date.

6. Consider reserving rights (optional): If the sender wants to reserve their rights against the landlord's breach, include a conditional statement. Otherwise, state that neither party will have any claim against each other after the transfer of the premises and payment of utilities.

7. Sign and acknowledge: Include the sender's name at the end of the document. Leave space for party 1 to acknowledge receipt of the notice.

Note: This guidance provides a concise overview of the steps involved in using the document. It is important to refer to the actual document for specific details and wording.