The Commercial Month To Month Lease Termination document is essential when either a landlord or tenant wishes to end a month-to-month commercial tenancy in the United States. It serves as formal notification and documentation of the lease termination, ensuring all parties understand their rights and obligations. This document typically includes specific termination dates, property surrender requirements, security deposit arrangements, and utility transfer instructions. It helps prevent disputes by clearly outlining the termination process and ensuring compliance with applicable laws and regulations.
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1. Date and Parties: Identification of landlord and tenant with full legal names and addresses
2. Property Details: Complete address and description of the leased premises
3. Termination Date: Specific date when the lease will terminate
4. Notice Declaration: Statement confirming proper notice is being given according to state and local requirements
5. Move-out Requirements: Conditions for vacating the property including cleaning requirements and key return
1. Security Deposit: Details about the security deposit return process, timeline, and potential deductions
2. Final Utility Arrangements: Instructions for handling utility transfers and final payments
3. Early Termination Fee: Any fees or penalties associated with early termination of the lease
4. Outstanding Rent: Details of any remaining rent payments or prorated amounts due
1. Move-out Inspection Checklist: Detailed checklist for property condition assessment before and after move-out
2. Security Deposit Itemization: Detailed breakdown of any deductions from security deposit with documentation
3. Forwarding Address Form: Form for tenant to provide future contact information for security deposit return and correspondence
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