Are you wondering What Is A Lease Termination Letter? A lease termination letter is a written notice sent by a tenant to their landlord informing them of their intention to end the rental agreement. In this article, you will find examples of What Is A Lease Termination Letter that you can use as a template and customize as needed.
Understanding the Purpose of a Lease Termination Letter
A lease termination letter serves as a formal way to communicate to the landlord about the tenant’s decision to move out of the rental property. It outlines the specific date on which the tenant plans to vacate the premises and any other relevant details regarding the termination of the lease agreement.
Key Points to Consider in a Lease Termination Letter:
- Clear statement of intent to terminate the lease
- Specific termination date
- Details regarding the return of keys and security deposit
- Forwarding address for any future correspondence or return of security deposit
Sample Lease Termination Letter:
Dear [Recipient’s Name],
I am writing to inform you that I will be terminating my lease agreement for the property located at [Address] effective [Termination Date]. I have thoroughly enjoyed my time living in the rental property and appreciate your prompt attention to any maintenance issues that arose during my tenancy.
As per the terms of the lease agreement, I will ensure that the property is left in good condition upon my departure. I will return the keys to you on the termination date and would appreciate your guidance on the process for the return of my security deposit.
Please find my forwarding address below for any future correspondence or the return of my security deposit:
[Your Forwarding Address]
Thank you for your understanding and cooperation in this matter. Should you require any additional information from me, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address].
Sincerely,
[Your Name]