Termination Notice in relation to Tenancy / Lease

The document titled 'Termination Notice in relation to Tenancy / Lease' is a formal notice that is used to terminate a tenancy agreement between the landlord and the tenant. This document is of great importance as it serves as a legal notification to both parties about the termination of the tenancy.

 

The entire document consists of several sections that provide detailed information about the termination. The first section includes the account details of the tenant, such as their first name, last name, and address. This information is essential for identifying the tenant and ensuring that the notice is sent to the correct recipient.

 

The second section contains the details of the landlord, including their name and address. This information is necessary for addressing the notice to the landlord and establishing their identity.

 

The third section is addressed to the party 1 contact, who is the designated person responsible for receiving the notice on behalf of the landlord. This section acknowledges their attention and notifies them about the termination of the tenancy agreement.

 

The fourth section refers to the specific tenancy agreement that is being terminated. It mentions the date of the agreement and states that any terms not defined in the notice have the same meaning as stated in the agreement.

 

The fifth section highlights the clause in the agreement that specifies the notice period for termination. It states the duration of the notice period and informs the landlord about the termination date, which is the date when the tenancy will be terminated.

 

The sixth section addresses the financial aspects of the termination. It mentions that the tenant will continue to pay the rent and utilities until the termination date. It also requests the landlord to refund the remaining security deposit on the termination date.

 

The seventh section states that the tenant will vacate the premises and return the keys to the landlord on the termination date. It emphasizes that after the transfer of the premises and payment of utilities, neither the landlord nor the tenant will have any further claims against each other.

 

The eighth section provides a brief explanation for the termination. It mentions reasons such as moving closer to the children's new school, work-related reasons, or the need for a bigger place. This section expresses gratitude towards the landlord for being a nice and reasonable landlord.

 

In conclusion, the 'Termination Notice in relation to Tenancy / Lease' document is a comprehensive notice that covers all the necessary details for terminating a tenancy agreement. It ensures that both parties are aware of the termination and clarifies the financial and logistical aspects of the process.

How to use this document?

1. Enter the tenant's account information, including their first name, last name, and address.

2. Provide the details of the landlord, including their name and address.

3. Address the notice to the party 1 contact, who is responsible for receiving the notice on behalf of the landlord.

4. Refer to the specific tenancy agreement being terminated, mentioning the date of the agreement and clarifying that any undefined terms have the same meaning as stated in the agreement.

5. Highlight the clause in the agreement that specifies the notice period for termination, stating the duration of the notice period and the termination date.

6. Inform the landlord that the tenant will continue to pay the rent and utilities until the termination date, and request the refund of the remaining security deposit on the termination date.

7. State that the tenant will vacate the premises and return the keys to the landlord on the termination date, emphasizing that neither party will have any further claims against each other after the transfer of the premises and payment of utilities.

8. Provide a brief explanation for the termination, mentioning reasons such as moving closer to the children's new school, work-related reasons, or the need for a bigger place.

9. Express gratitude towards the landlord for being a nice and reasonable landlord.

10. Sign the notice and include the current date.

11. Send the notice to the party 1 contact via a reliable method, such as certified mail or email with a read receipt.

12. Keep a copy of the notice for your records.