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Ending A Fixed Term Tenancy Agreement Early Template for Canada

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Key Requirements PROMPT example:

Ending A Fixed Term Tenancy Agreement Early

"I need to draft an agreement for Ending A Fixed Term Tenancy Agreement Early due to my tenant's job relocation to another province, with the termination date set for March 1, 2025, including provisions for subletting until a new tenant is found and handling of the security deposit."

Document background
The document "Ending A Fixed Term Tenancy Agreement Early" is essential for situations where either landlord or tenant needs to terminate a fixed-term residential lease before its scheduled end date in Canada. This agreement becomes necessary in various circumstances such as job relocations, family emergencies, property sale, or other significant changes in circumstances. It incorporates provincial-specific requirements from Canadian residential tenancy laws, ensuring all parties understand their rights and obligations during the early termination process. The document includes critical elements such as termination dates, notice periods, financial settlements, and property handover requirements, while ensuring compliance with provincial tenant protection regulations. It serves as a formal record of the mutually agreed termination terms and helps prevent future disputes by clearly documenting the agreed conditions and responsibilities of each party.
Suggested Sections

1. Parties: Identification of the landlord and tenant(s), including full legal names and current contact information

2. Background: Details of the existing tenancy agreement, including property address, original term, start date, and current rent amount

3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty

4. Termination Date: Specific date when the tenancy will end, including move-out time if applicable

5. Reason for Early Termination: Statement of the grounds for early termination and reference to relevant legal provisions allowing it

6. Notice Period: Confirmation of the notice period being provided and compliance with legal requirements

7. Financial Settlement: Details of any financial arrangements, including rent payments up to termination, security deposit handling, and any early termination fees

8. Property Condition: Requirements for the condition in which the property must be returned and inspection arrangements

9. Keys and Access: Arrangements for returning keys and final property access

10. Release of Obligations: Mutual release of future obligations under the original lease agreement

11. Governing Law: Statement that the agreement is governed by relevant provincial tenancy laws

12. Signatures: Space for dated signatures of all parties and witnesses if required

Optional Sections

1. Assignment/Subletting Provisions: Include when the early termination involves transferring the lease to another tenant

2. Renovation/Repair Requirements: Include when specific repairs or restoration work is required before move-out

3. Utility Transfer: Include when arrangements for transferring or terminating utility accounts need to be specified

4. Pet Damage Provisions: Include when there are specific requirements related to pet damage or cleaning

5. Future Reference Agreement: Include when parties agree on terms for future tenancy references

6. Forwarding Address: Include when specific arrangements for future correspondence or deposit return are needed

7. Dispute Resolution: Include when parties want to specify a particular method for resolving any future disputes

Suggested Schedules

1. Schedule A - Property Inspection Report: Current condition report with photos and notes on existing damage or wear

2. Schedule B - Financial Statement: Detailed breakdown of all financial settlements, including rent calculations and deposit deductions

3. Schedule C - Original Lease Agreement: Copy of the original lease agreement for reference

4. Schedule D - Move-out Checklist: Detailed list of tenant responsibilities and requirements for move-out

5. Appendix 1 - Supporting Documentation: Any relevant supporting documents such as medical certificates or job relocation letters justifying early termination

6. Appendix 2 - Utility Account Information: Details of utility accounts and transfer/termination requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses


























Relevant Industries

Real Estate

Property Management

Residential Housing

Legal Services

Property Investment

Student Housing

Corporate Housing

Social Housing

Relevant Teams

Legal

Property Management

Residential Leasing

Operations

Tenant Relations

Compliance

Asset Management

Customer Service

Documentation

Housing Administration

Relevant Roles

Property Manager

Leasing Agent

Real Estate Manager

Housing Coordinator

Tenant Relations Officer

Legal Counsel

Residential Property Administrator

Asset Manager

Compliance Officer

Property Operations Manager

Student Housing Coordinator

Corporate Housing Manager

Lease Administrator

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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