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Agreement To End Tenancy

Agreement To End Tenancy Template for New Zealand

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Key Requirements PROMPT example:

Agreement To End Tenancy

"I need an Agreement To End Tenancy for a residential property in Auckland, New Zealand, where both landlord and tenant have agreed to terminate a fixed-term lease early on March 15, 2025, due to the tenant's overseas job transfer."

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Document background
The Agreement To End Tenancy is a crucial document in New Zealand's residential property sector, used when both landlord and tenant mutually agree to terminate a tenancy outside of the standard notice periods or fixed term end dates. This document becomes necessary in various situations, such as when a tenant needs to relocate unexpectedly, when a landlord and tenant agree to end a fixed-term tenancy early, or when parties wish to formally document the end of a periodic tenancy. The agreement must comply with the Residential Tenancies Act 1986 and typically includes essential details such as the termination date, final rent calculations, bond refund arrangements, property inspection requirements, and the process for returning keys. It serves as a legal record of the termination terms and helps prevent future disputes by clearly outlining each party's rights and responsibilities during the termination process.
Suggested Sections

1. Parties: Details of the landlord/property manager and tenant(s), including full legal names and contact information

2. Background: Brief context about the existing tenancy agreement, including property address, original start date, and reason for early termination

3. Definitions: Key terms used in the agreement including 'Property', 'Tenancy Agreement', 'Termination Date', and 'Final Inspection'

4. Agreement to Terminate: The mutual agreement to end the tenancy and the specified termination date

5. Final Rent and Utilities: Details of final rent payment, utility bills settlement, and payment arrangements

6. Bond Refund: Agreement on how and when the bond will be refunded, including any deductions if applicable

7. Property Condition and Inspection: Requirements for the property condition upon vacancy and arrangements for final inspection

8. Keys and Access: Arrangements for returning keys and final access to the property

9. Execution: Signing section including date and signatures of all parties

Optional Sections

1. Abandonment of Property: To be included when there needs to be agreement on handling any tenant possessions left behind

2. Forwarding Address: Include when specific arrangements are needed for future correspondence or bond return

3. Maintenance and Repairs: Include when there are specific maintenance or repair issues that need to be addressed before termination

4. Breaking Fixed Term: Include when the agreement is terminating a fixed-term tenancy early, including any agreed compensation

5. Dispute Resolution: Include when parties want to specifically outline process for resolving any post-termination disputes

Suggested Schedules

1. Property Condition Report: Checklist and description of the property's current condition to be used for final inspection

2. Outstanding Payments Schedule: Detailed list of any outstanding rent, utilities, or other payments due

3. Bond Deductions Schedule: Itemized list of any agreed deductions from the bond

4. Photographic Evidence: Dated photographs of the property's condition (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

Real Estate

Property Management

Residential Housing

Property Investment

Legal Services

Relevant Teams

Property Management

Residential Leasing

Legal

Operations

Compliance

Housing Services

Customer Service

Documentation

Tenancy Administration

Relevant Roles

Property Manager

Real Estate Agent

Tenancy Manager

Housing Officer

Leasing Consultant

Property Administrator

Residential Portfolio Manager

Tenancy Compliance Officer

Legal Counsel

Property Services Coordinator

Industries




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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