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A lease termination letter is a formal notice that informs the other party that a rental lease is ending or will not be renewed, which is crucial if the lease ends earlier than expected. Before drafting this letter, it's important to review the lease agreement to understand the type and duration of the lease. For landlords, terminating a lease early can involve eviction, which is subject to varying state laws regarding conditions for termination and required notice periods to tenants. Always consult your state’s rental agreement guidelines for specific details on the process and legal requirements.