Sample Letter Of Termination Of Tenancy Agreement
However for one reason or another it might be necessary to terminate the agreement earlier than stipulated in the contract.
Sample letter of termination of tenancy agreement. I have secured a new tenant who will take over the remainder of my lease. A tenancy contract cancellation letter is used in such cases when the tenant wants to intimate the property owner about their intention of leaving the space. The new tenant s contact information is as follows. A lease cancellation letter can also be written for canceling the rental agreement if either the landlord or the tenant has violated a lease clause s.
The tenancy agreement involves the rent and lease report which is prepared to take the interests of both parties the landlord and the tenant. It is usually prepared in the context of renting out residential or commercial property. Tenancy termination by. You will likely need to modify this letter sample at least somewhat so that it most closely matches what you want to communicate.
Format of termination of agreement sample letter. Termination of tenancy letter. If there is any problem unresolved issues other fees then you should immediately try to resolve it. This letter is a letter informing you that i intend to terminate my tenancy with you as of next month april 1 2009.
Mention the date of the exact termination of the tenancy agreement. In most cases termination letters are issued by employers to employees to terminate their services. A termination of tenancy letter is used by a tenant to let their landlord know that they plan to move out of their rental property prior to the original end date of the lease. A lease termination letter also known as the lease cancellation letter is mainly written by a tenant or landlord to one another for canceling rental tenancy month to month rental agreement at their will.
The formal letter includes the sender s name at the top then current date and then write the receiver s address. Tenants may wish to terminate their lease prior to the original end date for many reasons including a marriage a break up. This could be due to employees poor performance or serious misconduct. Write this type of letter to notify the letter recipient that you are terminating a rental agreement or to communicate some other information regarding the termination of a rental agreement.
It should be professional and formal in tone. Your letter is an official and formal need to be written in a formal letter format. Leave your contact details or at least your contact number. Termination of tenancy letter.
It is a formal and legally binding document which must be provided well in advance by the tenant and provide a valid reason for the termination.