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Commercial Lease Early Termination Letter
"I need a Commercial Lease Early Termination Letter for our Singapore retail space at Marina Bay, citing financial hardship as the reason, with a proposed termination date of March 31, 2025, and specific mention of our SGD 50,000 security deposit return."
1. Recipient Details: Full name and address of landlord/managing agent, including proper titles and references
2. Property Reference: Clear identification of leased premises including full address and any unit numbers
3. Lease Reference: Original lease agreement details including date of execution and any reference numbers
4. Termination Notice: Formal statement declaring intention to terminate the lease with clear reference to termination rights
5. Proposed Termination Date: Specific date when lease will end, ensuring compliance with notice periods
6. Legal Basis: Reference to specific clause in lease agreement or legislation allowing for early termination
1. Reason for Termination: Optional explanation of circumstances leading to early termination, if required by lease or as professional courtesy
2. Handover Arrangements: Proposed process for property inspection, key return, and final utility readings
3. Security Deposit: Request for return of security deposit and proposed timeline
4. Force Majeure Reference: Reference to force majeure events or extraordinary circumstances if relevant to termination
1. Original Lease Agreement: Copy of the existing lease contract attached for reference
2. Handover Checklist: Detailed list of items to be completed before vacation of premises
3. Property Condition Report: Documentation of current state of premises if already prepared
4. Supporting Documentation: Any relevant evidence or documentation supporting the grounds for termination
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