The Tenant Termination Of Lease Agreement Template is essential when a tenant wishes to formally end their tenancy before or at the end of their lease term under English and Welsh law. This document provides a clear framework for both parties to agree on termination terms, protecting their respective rights and obligations. It includes crucial details such as the termination date, property condition requirements, deposit return arrangements, and settlement of any outstanding matters. The template ensures compliance with relevant housing legislation including the Housing Act 1988 and Tenant Fees Act 2019, while providing a legally sound record of the agreement to terminate.
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1. Parties: Details of tenant(s) and landlord/agent including full names, addresses and contact information
2. Background: Context of the existing tenancy agreement being terminated, including original tenancy start date and reason for termination
3. Definitions: Key terms used throughout the agreement including 'Property', 'Termination Date', 'Original Tenancy Agreement', etc.
4. Termination Date: Specific date when the tenancy will end and keys must be returned
5. Property Details: Full address and description of the rental property being surrendered
6. Surrender Terms: Specific conditions of the termination including property condition requirements and key return process
1. Deposit Return: Terms and timeline for the return of the security deposit, subject to property condition and final inspection
2. Outstanding Payments: Provisions for handling any remaining rent, utility bills, or other charges
3. Property Inspection: Arrangements for final inspection including timing and procedures
1. Schedule 1: Property Inventory: Detailed inventory and condition report of the property and its contents at termination
2. Schedule 2: Outstanding Repairs: List of any repairs or maintenance required before the property is surrendered
3. Schedule 3: Original Tenancy Agreement: Copy of the original tenancy agreement being terminated
4. Schedule 4: Photographic Evidence: Current dated photographs documenting the property's condition
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