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Early Termination Of Lease Agreement By Tenant
"I need an Early Termination of Lease Agreement By Tenant for my apartment in Toronto, as I'm being transferred to Vancouver for work, with the termination to be effective March 1, 2025, and I want to ensure the agreement includes provisions for the return of my security deposit and a reference letter from my landlord."
1. Parties: Identification of the landlord and tenant(s), including full legal names and current contact information
2. Background: Brief overview of the existing lease agreement, including its start date, premises description, and current rental terms
3. Definitions: Definitions of key terms used throughout the agreement
4. Notice of Early Termination: Formal statement of the tenant's intention to terminate the lease early, including the proposed termination date
5. Reason for Early Termination: Statement of the grounds for early termination (if required by provincial law)
6. Notice Period Confirmation: Confirmation that the required notice period under provincial law or the original lease agreement has been met
7. Financial Settlement: Details of any financial obligations, including remaining rent, penalties, or settlement amounts
8. Security Deposit: Arrangements for the return of the security deposit, including timing and conditions
9. Mutual Release: Release of both parties from future obligations under the original lease agreement
10. Property Inspection: Requirements and arrangements for final property inspection
11. Keys and Access Devices: Process for returning keys and other access devices
12. Governing Law: Statement that the agreement is governed by the laws of the relevant Canadian province
13. Execution: Signature blocks for all parties and date of execution
1. Domestic Violence Provisions: Special provisions when termination is due to domestic violence, including reference to relevant provincial legislation
2. Medical Necessity: Provisions related to termination due to medical conditions or disability requirements
3. Assignment/Subletting Rights: Terms regarding the possibility of assigning or subletting as an alternative to termination
4. Military Deployment: Special provisions for termination due to military service requirements
5. Maintenance Issues: Documentation of any maintenance or habitability issues if these form the basis for termination
6. Utilities and Services: Arrangements for the transfer or disconnection of utilities and services
7. Mail Forwarding: Arrangements for mail forwarding and change of address
8. Personal Property: Provisions regarding abandonment or removal of personal property
9. Reference Letter: Terms regarding the provision of a landlord reference letter if agreed upon
1. Schedule A - Property Condition Report: Detailed documentation of the current condition of the property
2. Schedule B - Financial Statement: Detailed breakdown of all financial calculations, including rent, deposits, and any penalties
3. Schedule C - Supporting Documentation: Copies of relevant documents supporting the reason for termination (medical certificates, military orders, etc.)
4. Schedule D - Move-out Checklist: Detailed list of tenant responsibilities and tasks to complete before moving out
5. Schedule E - Photographic Evidence: Photos documenting the condition of the property at the time of termination
6. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement for reference
7. Appendix 2 - Relevant Correspondence: Copies of relevant communications between parties regarding the termination
Authors
Real Estate
Property Management
Legal Services
Housing
Residential Construction
Property Development
Insurance
Financial Services
Property Investment
Social Housing
Legal
Real Estate Operations
Property Management
Tenant Relations
Risk Management
Compliance
Administrative Support
Document Management
Housing Administration
Contract Administration
Property Manager
Leasing Agent
Real Estate Attorney
Tenant Relations Coordinator
Housing Administrator
Legal Counsel
Property Administrator
Residential Leasing Manager
Tenant Services Coordinator
Real Estate Portfolio Manager
Housing Officer
Compliance Manager
Risk Management Officer
Real Estate Operations Manager
Legal Administrative Assistant
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