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A lease termination letter is a formal notice issued by a landlord or tenant to inform the other party of the intent to terminate a lease. This letter is typically used for one-year contracts and month-to-month leases without a specified end date. The type of termination letter required depends on the lease agreement. For standard one-year leases, a 30-day termination letter is often utilized. This video tutorial, hosted by Sydney from DoorLoop, provides detailed guidance on creating a lease termination letter or notice to vacate, catering to both property owners and managers.