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A lease default letter is a formal notification sent when one party breaches a rental agreement. It informs the recipient that the sender may cancel the lease within a specified timeframe. These letters are crucial for parties wishing to terminate leases ahead of schedule, such as tenants who leave due to a landlord's breach, as failing to send this letter may leave them liable for remaining rent. State laws restrict the circumstances under which a lease default letter can be issued. If unsure about sending one, tenants should first consult their lease agreement, which outlines the terms and conditions governing the lease.