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A lease termination letter is used in residential rental agreements to inform the other party that the lease is ending or won't be renewed. It is essential in situations where the lease is ending earlier than expected. Before writing the letter, know the type of lease and where you are in the lease duration. Landlords terminating a lease early may face eviction, with different rules in each state. Check rental agreement pages for state-specific details. Timing is crucial in the process.