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Lease Release Form
"I need a Lease Release Form for a commercial property in Zurich, where my tenant is terminating the lease early due to business relocation, with the release to be effective March 1, 2025; we've agreed to a partial return of the security deposit due to some minor repairs needed."
1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and any relevant registration numbers
2. Background: Details of the original lease agreement, including date of execution, property address, and lease term
3. Definitions: Key terms used in the release form, including 'Lease Agreement', 'Release Date', 'Property', etc.
4. Termination Date: Specific date when the lease agreement will be terminated
5. Mutual Release: Statement of mutual release from obligations under the lease agreement
6. Security Deposit: Arrangements for the return of the security deposit, including timeline and conditions
7. Property Condition: Confirmation of the property's condition upon surrender
8. Outstanding Payments: Statement regarding any outstanding rent, utilities, or other payments
9. Governing Law: Confirmation that the release is governed by Swiss law
10. Signatures: Execution block for all parties to sign and date
1. Damage Claims: Section addressing any existing damage claims or repairs required, used when there are unresolved property damage issues
2. Keys and Access Devices: Details about return of keys, access cards, or other property access devices, used when multiple access methods were provided
3. Forwarding Address: Tenant's new address for future correspondence, used when ongoing communication may be needed
4. Utilities Transfer: Arrangements for utility account transfers, used when utilities are in tenant's name
5. Personal Property: Provisions regarding abandoned personal property, used when tenant may leave items behind
6. Insurance: Provisions regarding termination of insurance requirements, used when insurance was required under the lease
1. Schedule A - Property Inspection Report: Detailed report of the property's condition at the time of surrender
2. Schedule B - Settlement Statement: Breakdown of any financial settlements, including security deposit deductions if applicable
3. Schedule C - Utility Readings: Final utility meter readings and payment status
4. Schedule D - Handover Checklist: Checklist confirming return of all keys, access devices, and completion of required cleaning
5. Schedule E - Photographic Evidence: Photos documenting the property's condition at surrender
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Office Space
Industrial
Hospitality
Mixed-Use Development
Student Housing
Legal
Property Management
Real Estate Operations
Tenant Relations
Asset Management
Facilities Management
Lease Administration
Compliance
Document Management
Contract Administration
Property Manager
Real Estate Manager
Leasing Agent
Legal Counsel
Tenant Relations Manager
Facility Manager
Asset Manager
Property Administrator
Real Estate Attorney
Building Manager
Lease Administrator
Portfolio Manager
Housing Coordinator
Compliance Officer
Real Estate Operations Manager
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