Termination of Lease Agreement Template
Our termination of lease agreement template will allow you to terminate a lease for real property.
What to Know Before Using our Termination of Lease Agreement Template
A lease termination letter, or end of lease letter, is a notice provided to the commercial or residential tenant by the landlord to inform them that the current lease agreement will not continue after the set end date.
At the end of your lease, you and your tenant may choose to renew or end the agreement. If you continue renting to the same tenant but want to update terms, a lease termination letter is useful. Using this letter allows you to inform your tenant that you are planning on updating the terms of the agreement. By documenting potential changes, you avoid the risk of creating issues for your tenant. Furthermore, by informing them of changes, they can begin looking for a new apartment in advance. This is especially important if you have a feeling they may not want to sign the new lease agreement.
If you plan on ending the lease with your tenant, a lease termination letter is the standard method of notification. The same benefits apply when not renewing the lease, however, the added paper trail is especially important in this instance.
Use our lease termination template to quickly create documentation that you are cutting ties with a tenant or updating them on potential changes to their current lease agreement.