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Ending A Tenancy Agreement Early In The Fixed Term
"I need to draft an agreement for Ending A Tenancy Agreement Early In The Fixed Term due to accepting a job interstate, with termination effective March 15, 2025, and I want to include provisions for finding a replacement tenant to minimize break lease fees."
1. Parties: Identification of the landlord/property manager and tenant(s), including full legal names and contact details
2. Background: Brief outline of the existing tenancy agreement, its start date, and the reason for early termination
3. Definitions: Definitions of key terms used throughout the document
4. Early Termination Date: Specific date when the tenancy will end and key handover will occur
5. Notice Period: Confirmation of the notice period being given and compliance with legal requirements
6. Financial Settlement: Details of all financial obligations including break lease fees, rent payments up to termination, and any agreed compensation
7. Property Condition: Requirements for the condition the property must be left in and cleaning obligations
8. Final Inspection: Process and timing for the final property inspection
9. Release and Discharge: Mutual release of obligations under the original tenancy agreement
10. Execution: Signing section with date and witness requirements
1. Bond Disposition: Details of how the rental bond will be handled and distributed, included when there is a bond held
2. Outstanding Repairs: Section addressing any existing property damage or repairs, included when there are unresolved maintenance issues
3. New Tenant Assignment: Terms regarding finding a replacement tenant, included when the tenant is responsible for or assisting with finding a replacement
4. Utilities and Services: Process for disconnecting or transferring utilities, included when these need to be specifically addressed
5. Forwarding Address: Section for tenant's forwarding address details, included when required for bond refund or future correspondence
6. Special Circumstances: Details of any special circumstances (e.g., domestic violence, hardship) that affect the termination terms, included when applicable
1. Schedule A - Property Condition Report: Detailed checklist of the property's current condition and any existing damage
2. Schedule B - Financial Statement: Breakdown of all financial calculations including rent, fees, and deductions
3. Schedule C - Cleaning Checklist: Detailed requirements for end-of-tenancy cleaning
4. Appendix 1 - Original Tenancy Agreement: Copy of the original fixed-term tenancy agreement being terminated
5. Appendix 2 - Evidence of Circumstances: Supporting documentation for early termination (if applicable)
6. Appendix 3 - Handover Inventory: List of items to be returned (keys, remote controls, etc.)
Authors
Real Estate
Property Management
Legal Services
Housing Services
Property Investment
Residential Construction
Financial Services
Insurance
Legal
Property Management
Residential Leasing
Compliance
Asset Management
Customer Service
Operations
Administration
Risk Management
Document Control
Property Manager
Real Estate Agent
Leasing Consultant
Legal Counsel
Tenancy Advisor
Housing Officer
Property Administrator
Compliance Officer
Asset Manager
Residential Leasing Manager
Tenant Relations Coordinator
Legal Administrator
Property Services Coordinator
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