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Mutual Agreement To End Tenancy
"I need a Mutual Agreement To End Tenancy for my residential property in Cape Town, where my tenant and I have agreed to terminate the lease early on March 15, 2025, with provisions for a final inspection and security deposit return within 7 days of vacancy."
1. Parties: Identification of the Landlord and Tenant, including full legal names, identification numbers, and current contact details
2. Background: Brief recital of the existing lease agreement details (date, property) and statement that parties wish to terminate by mutual consent
3. Definitions: Definitions of key terms used in the agreement including 'Termination Date', 'Property', 'Original Lease', and 'Security Deposit'
4. Mutual Agreement to Terminate: Clear statement of mutual agreement to end the lease and the specific termination date
5. Property Inspection: Requirements and timeline for final property inspection before vacancy
6. Security Deposit: Agreement on handling of security deposit, including deductions if any and return timeline
7. Final Payments: Details of final rent payment, utilities, and any other financial obligations
8. Handover Requirements: Specific requirements for property handover including cleaning, repairs, and key return
9. Release of Obligations: Mutual release from future obligations under the original lease, subject to fulfillment of termination agreement terms
10. Governing Law: Confirmation that the agreement is governed by South African law
11. Signatures: Space for dated signatures of all parties
1. Outstanding Repairs: Used when there are specific repairs to be completed by either party before termination
2. Early Termination Fee: Include if parties agree to any early termination fee as part of the mutual agreement
3. Forwarding Address: Include when tenant needs to provide a forwarding address for future correspondence or deposit return
4. Personal Property: Used when there needs to be agreement about handling of any tenant belongings left behind
5. Reference Agreement: Include if parties agree to terms regarding landlord providing future tenancy references
1. Schedule A - Property Inspection Checklist: Detailed checklist for final inspection of the property
2. Schedule B - Security Deposit Calculation: Itemized list of any deductions from security deposit and calculation of final return amount
3. Schedule C - Utility Reading Records: Final utility meter readings and payment reconciliation
4. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement being terminated
5. Appendix 2 - Photographic Evidence: Photos documenting property condition at termination (if required)
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Legal Services
Property Investment
Student Housing
Legal
Property Management
Leasing
Operations
Tenant Relations
Compliance
Real Estate
Administrative Support
Customer Service
Document Management
Property Manager
Rental Agent
Real Estate Attorney
Housing Administrator
Leasing Coordinator
Property Administrator
Legal Counsel
Real Estate Manager
Tenant Relations Manager
Compliance Officer
Housing Officer
Portfolio Manager
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