Early Tenancy Termination

Early Tenancy Termination Template for New Zealand

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Early Tenancy Termination

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need an Early Tenancy Termination agreement for a residential property in Auckland, where both landlord and tenant have mutually agreed to end the tenancy on March 15, 2025, with the tenant planning to move overseas."

Document background

This Early Tenancy Termination agreement is designed for use in New Zealand when parties need to formally end a residential tenancy agreement before its originally intended end date. It is crafted in accordance with the Residential Tenancies Act 1986 and subsequent amendments, including recent COVID-19 related provisions. The document becomes necessary when either the tenant needs to vacate early or when there is mutual agreement to end the tenancy prematurely. It includes essential elements such as termination date, financial settlements, property condition requirements, and mutual releases. This agreement helps protect both landlord and tenant interests while ensuring compliance with New Zealand tenancy laws and regulations. It's particularly important for maintaining clear records and preventing future disputes regarding the early termination.

Suggested Sections

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

2. Background: Brief context about the existing tenancy agreement, its start date, and the reason for early termination

3. Definitions: Key terms used in the agreement, including 'Termination Date', 'Property', 'Original Tenancy Agreement', etc.

4. Termination Date: Specific date when the tenancy will end and details of key handover

5. Financial Settlement: Details of any rent payments, bond refund process, and outstanding utilities

6. Property Condition: Requirements for the condition in which the property must be left, including cleaning and damage repair obligations

7. Notice Period: Confirmation of the agreed notice period and compliance with legal requirements

8. Mutual Release: Statement releasing both parties from future obligations under the original tenancy agreement

9. Execution: Signature blocks for all parties and date of signing

Optional Sections

1. Break Lease Fee: Details of any agreed break lease fee or compensation to the landlord, used when early termination incurs specific penalties

2. Maintenance Issues: List of any outstanding maintenance issues and agreed resolution, included when there are unresolved property maintenance matters

3. Subletting Arrangements: Details of any subletting or temporary tenant replacement arrangements, used when a replacement tenant is being considered

4. COVID-19 Provisions: Specific provisions related to COVID-19 impacts, included when termination is related to pandemic circumstances

5. Forwarding Address: New contact details for the tenant, included when required for bond refund or future correspondence

6. Dispute Resolution: Specific dispute resolution procedures, included when parties want to specify a particular approach to handling potential disputes

Suggested Schedules

1. Schedule 1: Property Inspection Report: Detailed current condition report of the property, including photographs

2. Schedule 2: Financial Statement: Breakdown of all financial calculations including rent, bond, and any adjustments

3. Schedule 3: Inventory List: List of any furniture or items included in the tenancy that need to be accounted for

4. Appendix A: Original Tenancy Agreement: Copy of the original tenancy agreement being terminated

5. Appendix B: Evidence of Circumstances: Any supporting documentation relating to the reason for early termination, where relevant

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

Real Estate

Property Management

Legal Services

Housing

Rental Services

Property Investment

Relevant Teams

Legal

Property Management

Residential Leasing

Compliance

Operations

Administrative Support

Tenant Services

Risk Management

Document Control

Property Services

Relevant Roles

Property Manager

Leasing Manager

Real Estate Agent

Tenancy Compliance Officer

Legal Counsel

Housing Officer

Rental Portfolio Manager

Tenancy Administrator

Property Services Coordinator

Compliance Manager

Residential Leasing Consultant

Operations Manager

Find the exact document you need