Are you looking for a Mutual Termination Of Lease Agreement Template? Look no further! In this article, we will provide you with examples of Mutual Termination Of Lease Agreement Templates that you can use and modify as needed.
The Need for Mutual Termination Of Lease Agreement Template
There are several reasons why you may need to terminate a lease agreement mutually. Some common scenarios include:
- Both parties agree to end the lease early
- Financial circumstances that make it difficult to continue the lease
- Changes in personal circumstances
Example of Mutual Termination Of Lease Agreement Template
Dear [Recipient’s Name],
This letter serves as a mutual agreement to terminate the lease agreement for the property located at [Address]. Both parties agree to end the lease on [Date of Termination].
As per the terms of the lease agreement, all outstanding payments have been settled, and both parties have agreed to vacate the premises by [Date of Vacating].
We appreciate your understanding and cooperation in this matter. Should there be any further documentation required, please do not hesitate to contact us.
Sincerely,
[Your Name]
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