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A lease termination letter is used in residential rental arrangements to notify the other party that a lease is ending or will not be renewed. It is important to issue this letter, especially if the lease is ending earlier than expected. Before writing the letter, determine the type of lease and its duration by reviewing the lease agreement. For landlords, terminating a lease early involves different legalities and can result in eviction, which has specific state rules regarding conditions and notice requirements. It’s crucial to consult your state’s rental agreement guidelines for accurate information on notice and termination processes.