Mutual agreement to end tenancy template 2025

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I hope this email finds you well. Im writing to let you know that Ive decided to end my tenancy at (property address). My last day in the property will be (date), which gives you (insert notice period, eg, 30 days) notice as per our agreement.
An early lease termination addendum is a legal document that allows either the landlord or tenant to cancel their lease agreement. This is commonly permitted at the tenants request and requires at least 30 days notice while paying a termination fee equal to one months rent.
The Parties mutually agree that Contract shall be terminated effective [date] (the Termination Date). [Optional: Except as expressly provided herein, the Contract will terminate ing to the terms as set forth therein.] Upon the Termination Date, the Contract shall have no further force or effect.
This letter serves as an official written notice that I/we intend to terminate my/our lease agreement with you, dated ,20 for the rental property at (rental unit address). I/we intend to vacate the premises of the above-mentioned property on the , 20.
How do you write a Termination Agreement? Provide the names and mailing addresses of each party involved. Provide details from the original contract. Select a termination date after which the contract will no longer be in effect. State if either party is providing compensation as part of the Termination Agreement.
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Mutual agreements are fundamental components of a wide array of contracts, such as: Employment Contracts: Define roles, responsibilities, compensation, and other employment terms. Lease Agreements: Specify the terms under which a property is rented.
Terms of Termination: Detail any final obligations, payments, or conditions that must be fulfilled by any party. Release of Obligations: Confirm that no future claims related to the contract will be made by either party. Signatures: Include spaces for all parties to sign, indicating their agreement.

termination agreement template