The owner of any land sends lease termination letter. This kind of letter is received by the tenant. Through this kind of letter, the lease contract terminates between the two parties. It can be because of any reason. The owner wants new tenants, delay in rent payments, ill behavior or other problems may become the reason for termination. While writing the letter, it is essential that you mention the reason why the lease is being terminated. In this letter, the details must be clear, apt and to the point. All the details that are included in the letter must be true as the next verification process would also take place.
Buying a new home or moving up to an exciting apartment on any side of a town, does not mean that one is free from all the matters of his old place. There are issues or problems that a person is responsible for when it comes to settling the business around the previous residence. One of the most important things to do is let the other landlord know about the family plans on vacating the premises with the help of a lease termination letter. The lease termination letter can be of great help to protect the tenants and later on this letter will serve as a source of good evidence.
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Lease Termination Letter Writing Tips
- The letter needs to be brief, precise and clear in its intention.
- One should adopt the means of clear factual writing. He just needs to say what is required. If the intent is to vacate the property on a specified date, then that should be clearly mentioned in the letter.
- The letter should be very much clear and not ramble on so that it does not leave any questions in the landlord’s mind. The intent should be made clear.
- A person should be careful of the details that he is providing.
- The landlord would be verifying a few things, like the date on which the letter was written, the intended moving date, specifications of the lease and other details.
Lease Termination Letter Template
Use our free Lease Termination Letter to help you get started. If you need additional help or more examples check out some of the sample letters below.
Date: _____ (Date on Which Letter is Written)
Subject: Lease termination letter
Dear ____ (Sir or Madam)
This letter contains a written notice stating my strong intention to vacate this apartment on______ (date), at the end of my current lease. I am doing so because of the considerable increase in rent.
I would like you to recall that I made a security deposit of ______ on______ (date). I would expect you to refund that deposit in full.
(Name and Signature)
G T Road,
CR Park, Delhi.
Date: 25th February 2016.
M G Road,
Subject: Lease termination letter
We regret to inform you that we are to going to vacate the premises which we now occupy at Gomti Nagar in Lucknow, Uttar Pradesh. Our lease will be expiring on 24th March 2016, and we wish to leave the premises at the earliest.
Our new forwarding address will be Plot 405, Gomti Nagar, Lucknow. We would request you to kindly forward our security deposit to the specified address within the allotted time.
The following is the Email Format that should be followed while writing a Lease Termination Letter.
SUBJECT: Lease Termination Letter
Dear Mr. Sharma,
We will have terminated the lease deed of my house no. 5-9-217, Geeta Colony, Delhi with effect from 16 October 2010. The house is required for the use of my son who is returning from Canada along with his family next month.
You are, therefore, requested to vacate my house at the earliest and not later than 15 October 2010 and give me the possession of the vacated house. I shall be highly obliged.