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Lease Early Termination Letter
"I need a Lease Early Termination Letter for my retail shop space in Singapore, as I'm closing my business and need to end my 3-year lease by March 2025, with provisions for the return of my $10,000 security deposit."
1. Letter Date and Address Details: Current date and full address details of both landlord and tenant
2. Lease Reference: Details of the original lease agreement including date and property address
3. Termination Notice: Clear statement of intention to terminate the lease early with reference to relevant clause in original lease
4. Proposed Termination Date: Specific date when the lease will end and keys will be returned
5. Reason for Termination: Brief explanation of the circumstances necessitating early termination
1. Security Deposit Settlement: Details regarding the return of security deposit, deductions if any, and timeline for return
2. Property Inspection Arrangements: Proposed dates and process for final property inspection before handover
3. Outstanding Payments: Details of any remaining rent, utility payments or other charges to be settled
4. Handover Process: Specific arrangements for key return and property handover
1. Schedule 1 - Original Lease Agreement: Copy of the original signed lease agreement referenced in the termination letter
2. Schedule 2 - Property Condition Report: Current condition assessment of the property and list of any damages or repairs needed
3. Schedule 3 - Utility Account Details: List of utility accounts to be closed and final meter readings
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