Dissolution Of Rental Agreement

Dissolution Of Rental Agreement Template for England and Wales

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Key Requirements PROMPT example:

"Need a Dissolution of Rental Agreement for my two-bedroom apartment in Manchester, as tenant and landlord have mutually agreed to end the tenancy early on March 15, 2025, with specific provisions for handling outstanding maintenance issues and utility bill settlements."

Document background

The Dissolution Of Rental Agreement is essential when parties wish to formally terminate their rental arrangement before the originally agreed end date. Used in England and Wales, this document provides legal certainty by clearly stating the termination date, handling of deposits, final payments, and property inspection arrangements. It ensures compliance with the Housing Act 1988, Tenant Fees Act 2019, and other relevant legislation. The agreement protects both landlord and tenant by providing a clear record of their mutual agreement to end the tenancy and releasing both parties from future obligations.

Suggested Sections

1. Parties: Details of landlord and tenant(s)

2. Background: Reference to original tenancy agreement and reason for dissolution

3. Definitions: Key terms used in the agreement

4. Termination Date: Specific date when tenancy will end

5. Settlement of Accounts: Agreement on final rent, utilities, and deposit

6. Release of Obligations: Mutual release from tenancy obligations

7. Execution: Signature blocks and date

Optional Sections

1. Property Inspection: Details of final inspection arrangements and when/how it will be conducted

2. Outstanding Repairs: Agreement on handling any pending repairs and maintenance issues

3. Early Termination Fee: Provisions for any agreed compensation for early termination of the tenancy

Suggested Schedules

1. Schedule 1: Property Inventory: Final inventory check list and condition assessment

2. Schedule 2: Outstanding Payments: Detailed breakdown of any final payments including rent, utilities, and other charges

3. Appendix A: Original Tenancy Agreement: Copy of original agreement being dissolved

4. Appendix B: Property Inspection Report: Final condition report documenting the state of the property

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Residential Property
Commercial Property
Student Accommodation
Real Estate

Relevant Teams

Property Management
Legal
Operations
Finance
Administrative

Relevant Roles

Property Manager
Letting Agent
Real Estate Manager
Housing Officer
Property Administrator

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Dissolution Of Rental Agreement Template for England and Wales

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