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A lease default letter is used when a party in a rental agreement has breached the terms, giving notice that the lease may be canceled. It is important for parties looking to end leases early, as failure to send a termination letter could result in liability for rent until the end of the lease. State laws limit when a lease default letter should be used, so refer to the lease agreement first. It is signed by both tenant and landlord and outlines the terms of the lease.
