The End Of Commercial Lease Notice is a crucial document in New Zealand's commercial property sector, used when either a landlord or tenant needs to formally terminate a commercial lease agreement. This notice must comply with the Property Law Act 2007 and other relevant New Zealand legislation, requiring specific information and adherence to prescribed notice periods. The document is typically used at the natural expiration of a lease term, during an agreed early termination, or when exercising break clause rights. It must include precise details about the property, parties involved, termination date, and any specific requirements for vacating the premises. The notice serves as official documentation of the intention to end the lease and helps ensure a smooth transition process while protecting the legal rights of all parties involved.
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1. Date and Address Block: Current date and full contact details of both landlord/property manager and tenant
2. Property Identification: Clear identification of the leased premises, including street address and any relevant legal descriptions
3. Lease Reference: Details of the existing lease agreement, including original lease date and any variations
4. Notice of Termination: Clear statement of intention to terminate the lease, citing relevant lease clause or statutory provision
5. Termination Date: Specific date when the lease will terminate, ensuring compliance with notice period requirements
6. Vacation Requirements: Statement of expectations regarding property condition and vacation procedures
7. Final Inspection: Information about final property inspection arrangements
8. Signature Block: Space for authorized signature, name, and capacity of the person signing
1. Outstanding Payments: Section addressing any rent arrears or other outstanding payments, used when there are payment issues
2. Make Good Obligations: Detailed requirements for property restoration, used when specific renovation or restoration is required
3. Key Return Process: Instructions for returning keys and security devices, used when specific security arrangements exist
4. Extension Options: Reference to any remaining extension options, used when the lease contains unused extension provisions
5. Dispute Resolution: Reference to dispute resolution procedures, used when there are ongoing disputes or likely areas of contention
1. Property Condition Report: Current condition report of the premises, including photographs if available
2. Outstanding Obligations List: Itemized list of any outstanding obligations or requirements
3. Utility Services Schedule: List of utility services and requirements for disconnection or transfer
4. Make Good Specifications: Detailed specifications for any required restoration or repairs to the property
Relevant legal definitions
Clauses
Relevant Industries
Retail
Office Space
Industrial
Hospitality
Healthcare
Professional Services
Warehousing
Manufacturing
Technology
Education
Financial Services
Entertainment
Relevant Teams
Legal
Facilities Management
Operations
Property Management
Finance
Real Estate
Administration
Compliance
Asset Management
Tenant Relations
Relevant Roles
Property Manager
Facilities Manager
Real Estate Manager
Commercial Lease Administrator
Legal Counsel
Operations Manager
Business Owner
Chief Financial Officer
Asset Manager
Tenant Relations Manager
Commercial Property Solicitor
Lease Compliance Officer
Portfolio Manager
Property Services Director
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