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A lease termination letter is used in residential rental agreements to inform the other party that the lease is ending or not being renewed. It is important in cases where the lease is ending earlier than expected. Before writing the letter, determine the type of lease and where you are in its duration. Landlords terminating a lease early may face eviction, with different rules in each state. Check your state's rental agreement pages for more information. Timing is crucial in lease termination.