The Release of Lease Agreement is a crucial legal document used in South African property law when both landlord and tenant agree to terminate their lease arrangement before its scheduled end date. This document is particularly relevant when parties wish to formally document their mutual agreement to end their lease obligations early, whether for residential or commercial properties. It addresses key aspects such as the agreed termination date, the handling of deposits, final utility payments, and property condition assessments. The agreement must comply with South African legislation, including the Rental Housing Act and the Prevention of Illegal Eviction Act, while providing both parties with legal certainty regarding the termination of their obligations. This type of agreement is commonly used in situations such as early tenant relocation, property sales, or mutual agreement to end the lease relationship, and serves as a vital tool in preventing future disputes by clearly documenting the terms of the lease termination.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies and provides full details of the Landlord and Tenant
2. Background: Recitals explaining the existing lease agreement, its key terms, and the parties' desire to terminate
3. Definitions: Defines key terms used in the agreement including 'Lease Agreement', 'Termination Date', and 'Release'
4. Termination of Lease: Specifies the agreed termination date and confirms mutual agreement to end the lease
5. Mutual Release: Details the mutual release of all claims, rights, and obligations under the lease
6. Return of Property: Specifies the condition for returning the property and the inspection process
7. Governing Law: Confirms that the agreement is governed by South African law
8. Signatures: Space for parties to execute the agreement with witness provisions
1. Security Deposit: Details the return or forfeiture of security deposit, used when a deposit was paid under the original lease
2. Outstanding Payments: Addresses any remaining rent, utilities, or other payments, included when there are pending financial matters
3. Property Damage: Specifies agreed terms regarding any damage to the property, included when there are property condition issues
4. Keys and Access Devices: Lists requirements for returning keys and access devices, included for properties with security systems or multiple access points
5. Surviving Obligations: Identifies any obligations that survive the termination, used when certain terms need to continue
6. Personal Property: Addresses abandoned property or agreed arrangements for removing tenant's belongings
1. Schedule A - Property Details: Detailed description of the leased property including address and any included fixtures
2. Schedule B - Original Lease Agreement: Copy or key terms of the original lease agreement being terminated
3. Schedule C - Property Inspection Report: Current condition report of the property at termination
4. Schedule D - Settlement Statement: Detailed breakdown of any financial settlements, including security deposit calculations
5. Appendix 1 - Photographic Evidence: Photos documenting the property's condition at termination, if required
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Residential Property
Commercial Property
Retail
Industrial
Hospitality
Office Space
Agriculture
Education
Healthcare
Relevant Teams
Legal
Property Management
Real Estate Operations
Facilities Management
Asset Management
Contract Administration
Leasing Operations
Property Administration
Risk Management
Finance
Relevant Roles
Property Manager
Leasing Agent
Real Estate Manager
Legal Counsel
Property Administrator
Facility Manager
Asset Manager
Commercial Property Manager
Residential Property Manager
Lease Administrator
Contract Manager
Real Estate Attorney
Property Operations Manager
Building Manager
Estate Agent
Find the exact document you need
Standard Waiver Of Liability
A South African law-compliant waiver document where participants acknowledge risks and release service providers from liability for standard negligence claims.
Download
Employee Waiver Of Liability
A South African law-governed document establishing liability waivers between employer and employee for specific workplace risks, subject to statutory limitations.
Download
Release And Covenant Not To Sue Form
A South African law-governed agreement that releases parties from liability for specific claims and includes a commitment not to pursue legal action regarding these claims.
Download
Artist Release Agreement
A South African law-governed agreement that facilitates the legal transfer of rights from an artist to another party for the use and exploitation of creative works.
Download
Model Release Agreement
A South African legal agreement governing the use of a model's images and recordings, ensuring compliance with local privacy and intellectual property laws.
Download
Co Performer Release Agreement
A South African law-governed agreement managing rights release and permissions between co-performers in a shared performance or recording.
Download
Contractor Waiver Of Liability
A South African law-compliant agreement that establishes liability waivers and risk acknowledgment between contractors and engaging parties.
Download
Video Release Agreement
A South African law-compliant agreement granting permission to record, use, and distribute video content featuring an individual, including specific usage rights and POPIA compliance measures.
Download
Release From Contract Agreement
A South African law-governed agreement that formally terminates an existing contract and releases parties from their obligations while settling all outstanding matters.
Download
Release And Waiver Of Liability
A South African legal document where participants waive their right to sue for injuries or damages, subject to Consumer Protection Act limitations.
Download
General Waiver Of Liability
A South African law-compliant agreement that establishes liability limitations and risk acceptance between parties engaging in specific activities or services.
Download
Simple Release Agreement
A South African law-governed agreement that formally releases one party from claims or obligations by another party, providing a legally binding waiver of rights.
Download
Waiver Of Liability Form
A South African law-compliant document that releases one party from liability for potential risks and damages while maintaining adherence to local consumer protection regulations.
Download
Settlement Release Letter
A South African legal document that records settlement terms and releases parties from claims related to a specific dispute.
Download
Media Release Agreement
A South African legal document authorizing the use and distribution of media content, governed by local copyright and privacy laws.
Download
Early Release From Employment Contract
A South African law-compliant agreement for mutual early termination of employment, detailing separation terms and conditions.
Download
Talent Release Agreement
A South African law-governed agreement that grants permission for the use of an individual's likeness, performance, or creative work, while protecting both parties' interests under local legislation.
Download
Release And Waiver Of Liability Form
A South African law-compliant document where participants waive their right to sue for certain risks while maintaining protections under local consumer protection laws.
Download
Release And Hold Harmless Agreement
A South African law-compliant agreement where one party releases another from liability for specified risks and agrees to hold them harmless from related claims.
Download
Payment Release Agreement
A South African law-governed agreement that documents payment terms and releases between parties, providing legal certainty for payment obligations and their discharge.
Download
Lease Release Form
A South African legal document that formally terminates a lease agreement between landlord and tenant, ensuring compliance with local property law while protecting both parties' interests.
Download
Hunting Waiver Of Liability
A South African law-governed liability waiver protecting hunting operators and guides from claims arising from hunting activities.
Download
Location Agreement Form For Film
A South African legal agreement governing the use of properties for film and television production purposes, establishing terms and conditions between property owners and production companies.
Download
General Release Waiver
A South African legal document where one party waives their right to pursue legal claims against another party, structured in compliance with local laws including the Consumer Protection Act.
Download
Submission Release Agreement
A South African law-governed agreement protecting companies receiving unsolicited submissions while establishing terms for handling submitted materials.
Download
Real Estate Contract Release
A South African legal document that mutually terminates a property sale agreement and releases parties from their contractual obligations under South African law.
Download
Hunting Indemnity Form
A South African legal document providing liability protection for hunting operators and property owners, incorporating local hunting regulations and safety requirements.
Download
Tenant Waiver Of Liability
A South African legal document where tenants waive specific liability rights against landlords, subject to local property and consumer protection laws.
Download
Fitness Waiver Of Liability
A South African-compliant liability waiver for fitness facilities that protects service providers while maintaining fair terms for participants under local law.
Download
Receipt Release And Refunding Agreement
A South African law-governed agreement documenting refund terms and mutual release of claims between parties, ensuring legal compliance and transaction finality.
Download
Parental Indemnity Agreement
A South African law-governed agreement where parents/guardians provide indemnity to organizations for activities involving their children, while maintaining child protection compliance.
Download
Personal Indemnification Agreement
A South African law-governed agreement where one party agrees to protect another from personal liability, losses, or damages in specified circumstances.
Download
Equipment Release Agreement
A South African law-governed agreement establishing terms for temporary equipment transfer between parties, including usage conditions and liability allocation.
Download
Loan Cancellation And Release Agreement
A South African law-governed agreement that terminates a loan agreement and releases parties from related obligations, ensuring compliance with local credit and financial regulations.
Download
Settlement Release Agreement
A South African law-governed agreement that documents dispute resolution terms and mutual releases between parties.
Download
Sports Waiver Of Liability
A South African-compliant liability waiver for sports activities that protects organizers while clearly communicating risks to participants.
Download
Private Property Agreement And Waiver
A South African law-compliant agreement establishing property use terms and associated waivers of rights between involved parties.
Download
Event Waiver Of Liability
A South African-compliant legal document protecting event organizers from liability claims while ensuring fair terms for participants under local law.
Download
Parental Indemnity Form
A South African legal document where parents/guardians provide consent and indemnify organizations for activities involving their minor children.
Download
Personal Training Waiver Of Liability
A South African legal waiver that establishes liability limitations and risk acknowledgment between personal trainers/fitness facilities and their clients.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)