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Landlord Tenant Mutual Release Template for England and Wales

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Key Requirements PROMPT example:

Landlord Tenant Mutual Release

"Need a Landlord Tenant Mutual Release agreement for early termination of a residential property lease in London, as tenant is relocating abroad for work on March 1, 2025, with provisions for full deposit return and confirmation that property was maintained in good condition."

Document background
The Landlord Tenant Mutual Release is a crucial document in English and Welsh property law when parties wish to terminate a tenancy agreement early by mutual consent. This document is typically used when circumstances require early termination without dispute, such as tenant relocation or landlord's need to sell the property. It provides legal certainty by documenting the agreed terms of release, handling of deposits, confirmation of property condition, and settlement of accounts. The agreement protects both parties by preventing future claims related to the terminated tenancy and ensures compliance with relevant housing legislation.
Suggested Sections

1. Parties: Identification and details of the landlord and tenant

2. Background: Details of the original tenancy and circumstances leading to mutual release

3. Definitions: Key terms used throughout the agreement

4. Release Terms: Specific terms of the mutual release

5. Deposit Arrangements: Details of deposit return or deductions

6. Mutual Obligations: Ongoing obligations of both parties

7. Execution: Signature blocks and execution details

Optional Sections

1. Outstanding Payments: Details of any remaining payments to be settled - use when there are outstanding rent or other payments

2. Property Condition: Agreement on the condition of the property - use when there are disputes or specific agreements about property condition

3. Future Claims Waiver: Mutual waiver of future claims - use when parties want to prevent future legal action

4. Confidentiality: Terms regarding confidentiality of the agreement - use when parties want to keep terms private

Suggested Schedules

1. Schedule 1 - Property Details: Details of the property subject to the release

2. Schedule 2 - Original Tenancy Agreement: Copy or details of the original tenancy agreement

3. Schedule 3 - Inventory Check-out Report: Final property inspection details

4. Schedule 4 - Settlement of Accounts: Detailed breakdown of final payments and settlements

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

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Relevant Industries
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Industries

Landlord and Tenant Act 1985: Primary legislation governing landlord and tenant relationships, setting out basic obligations including repair responsibilities and fitness for habitation

Landlord and Tenant Act 1987: Legislation providing tenants with rights regarding service charges, right of first refusal on property sale, and appointment of property managers

Housing Act 1988: Key legislation establishing Assured and Assured Shorthold Tenancies, defining grounds for possession and rent regulation

Housing Act 2004: Legislation introducing Housing Health and Safety Rating System (HHSRS), HMO licensing, and tenancy deposit protection

Law of Property Act 1925: Fundamental property law statute governing legal estates, interests in land, and requirements for property transactions

Common Law Contract Principles: Established legal principles governing contract formation, breach, and remedies in England and Wales

Law of Property (Miscellaneous Provisions) Act 1989: Legislation setting out formal requirements for contracts relating to land and property

Deregulation Act 2015: Act introducing changes to tenancy deposit protection and section 21 notice requirements

Tenant Fees Act 2019: Legislation restricting permitted payments and fees that can be charged to tenants

Equality Act 2010: Law preventing discrimination in property rental and ensuring equal treatment of tenants

Data Protection Act 2018: Legislation governing how personal data must be handled and protected, including tenant information

Deposit Protection Regulations: Rules requiring tenant deposits to be protected in government-approved schemes and proper procedures for handling disputes

Limitation Act 1980: Statute setting time limits for bringing legal claims, relevant for future disputes between landlord and tenant

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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