Are you in a situation where you need to terminate your lease agreement early? Writing a Letter Of Intent To Break Lease can help you formally communicate your decision to your landlord or property manager. Below, you will find examples of Letter Of Intent To Break Lease that you can use as a template and modify as needed.
Understanding the Need for a Letter Of Intent To Break Lease
Breaking a lease can be a complicated process with financial and legal implications. When you decide to break your lease, it is essential to provide your landlord with a formal notice of your intentions. This is where a Letter Of Intent To Break Lease comes in handy. By writing a clear and concise letter, you can ensure that both parties are on the same page regarding the termination of the lease agreement.
Why Do Tenants Break Their Lease?
- Job relocation
- Financial difficulties
- Health issues
- Family emergencies
- Change in living situation
Importance of Properly Drafting a Letter Of Intent To Break Lease
Providing a well-written Letter Of Intent To Break Lease can help protect your rights as a tenant and prevent any misunderstandings with your landlord. It is essential to clearly state your reasons for breaking the lease and follow any specific guidelines outlined in your lease agreement regarding early termination.
Example of Letter Of Intent To Break Lease
Dear [Recipient’s Name],
I am writing to inform you that I would like to terminate my lease agreement for the property located at [Your Address]. Due to [brief explanation of reason for breaking the lease], I am unable to fulfill the remaining term of the lease.
Per the terms of the lease agreement, I understand that I am required to provide [number of days] days’ notice before vacating the premises. I intend to vacate the property on [specific date].
I will ensure that the property is returned in good condition and that all outstanding rent and fees are settled before my departure. I appreciate your understanding and cooperation in this matter.
Sincerely,
Your Name