Document background
The Cancellation of Lease Agreement by Landlord is a crucial document used in Hong Kong when a landlord wishes to formally terminate a lease agreement before its natural expiration. This document is particularly relevant in situations where both parties have agreed to an early termination, or where the landlord has grounds for termination under Hong Kong law. It must comply with the Landlord and Tenant (Consolidation) Ordinance and other relevant Hong Kong legislation. The agreement typically includes detailed provisions for premises handover, settlement of accounts, return of security deposit, and mutual releases. It serves as a vital tool for property owners and managers to legally document the termination process while protecting their interests and ensuring compliance with local property laws.
