Document background
The Release of Lease Agreement is essential when parties wish to formally terminate their existing lease arrangement before its natural conclusion or document the end of a lease term with specific conditions. This document, governed by Danish law, provides legal protection for both landlords and tenants by clearly documenting the terms of the lease termination, including critical aspects such as the final settlement of accounts, property condition requirements, and mutual releases from future obligations. The agreement should be used when both parties mutually agree to end their lease relationship and want to ensure all termination conditions are properly documented. It typically includes details about security deposit returns, final utility payments, property inspection requirements, and any specific conditions that must be met before the release becomes effective. The Release of Lease Agreement must comply with the Danish Lease Act (Lejeloven) and other relevant Danish property laws, making it a crucial document for properly documenting the termination of both residential and commercial lease arrangements in Denmark.
