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A lease default letter is a notification sent when one party breaches a rental agreement, informing the other party of the possibility to cancel the lease. This letter is crucial for parties wanting to terminate leases early, such as tenants who leave due to the landlord's breach; without sending this letter, they may remain liable for rent until the lease's end. The usage of lease default letters is limited by state laws, so it's important to determine the appropriate timing for sending one. If unsure, review the lease agreement, which outlines the terms governing the rental relationship between the tenant and landlord.