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A lease termination letter is used in residential rental property to inform the other party that the lease is ending or not being renewed. It's crucial when a lease is ending early. Determine the type of lease and its duration before writing the letter. Landlords face complications when terminating a lease early, which can lead to eviction. Different states have varying rules on conditions for termination and notice periods for tenants. Check your state's rental agreement guidelines for more detailed information.