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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."
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
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
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
Real Estate
Property Management
Residential Housing
Legal Services
Property Investment
Student Housing
Corporate Housing
Social Housing
Legal
Property Management
Residential Leasing
Operations
Tenant Relations
Compliance
Asset Management
Customer Service
Documentation
Housing Administration
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
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