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Residential Lease Termination Agreement
I need a Residential Lease Termination Agreement for my Dubai apartment, where both parties have mutually agreed to end the lease early on March 1, 2025, with the tenant relocating internationally and requiring expedited security deposit return.
1. Parties: Identification of the Landlord and Tenant, including Emirates ID numbers and full contact details as required by UAE law
2. Background: Details of the original lease agreement, including its date, property details, and registration number with relevant authorities (e.g., Ejari in Dubai)
3. Definitions: Key terms used in the agreement, including 'Termination Date', 'Property', 'Security Deposit', and other relevant terms
4. Termination: Formal agreement to terminate the lease, specifying the exact termination date and acknowledging mutual consent
5. Security Deposit: Arrangements for the return of the security deposit, including deductions if any, and timeline for return as per UAE regulations
6. Final Payments: Settlement of any outstanding rent, maintenance charges, utility bills, district cooling charges, and other financial obligations
7. Handover Procedures: Requirements for property inspection, return of keys, and condition assessment as per UAE market practice
8. Release and Waiver: Mutual release from future claims related to the lease, subject to completion of agreed obligations
9. Governing Law and Jurisdiction: Confirmation that UAE law governs the agreement and specification of relevant emirate's courts/rental dispute center
1. Early Termination Penalties: Required if the termination occurs before the lease's natural end date, specifying any agreed penalties or compensation
2. Maintenance Obligations: Include if there are specific repair or maintenance requirements before vacating
3. Forwarding Address: Include for non-UAE resident tenants or those leaving the UAE
4. Third Party Notifications: Include if there are requirements to notify utility companies, building management, or government authorities
5. Moving Out Requirements: Include if there are specific building management requirements for moving out
6. Property Marketing: Include if there are arrangements for property viewings before vacancy
7. Tenant's Personal Items: Include if addressing disposal of abandoned items is necessary
1. Schedule 1 - Property Details: Detailed description of the property including unit number, building name, and location
2. Schedule 2 - Original Lease Terms: Key terms from the original lease agreement including rent amount, payment terms, and duration
3. Schedule 3 - Outstanding Payments Schedule: Detailed breakdown of any outstanding amounts and payment responsibilities
4. Schedule 4 - Property Condition Report: Current condition of the property and any agreed repairs or maintenance requirements
5. Appendix A - Required Documents: List of documents required for lease termination (e.g., Ejari cancellation, DEWA final bill)
6. Appendix B - Handover Checklist: Detailed checklist for property handover process and requirements
Authors
Real Estate
Property Management
Residential Property
Corporate Housing
Relocation Services
Property Development
Facility Management
Legal Services
Legal
Real Estate
Property Management
Facilities Management
Corporate Housing
Residential Leasing
Operations
Compliance
Administration
Customer Relations
Document Management
Property Manager
Real Estate Agent
Leasing Manager
Facilities Manager
Legal Counsel
Housing Coordinator
Relocation Specialist
Tenant Relations Manager
Property Administrator
Real Estate Operations Manager
Compliance Officer
Corporate Housing Manager
Residential Leasing Executive
Property Services Director
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