Every civilized and official transaction involves Agreement Forms and contracts of some sort or another. This is as much for managerial convenience as well as legal protection. When you apply for a lease, when you agree to a lease, and even when you terminate the original contract – you need a separate form for all these.
Now, suppose you as the owner wish to void a lease contract before the official end of the lease duration, for valid reasons. You don’t know where to start.
This shouldn’t have to be a burden for you. Here we have provided a convenient list of lease termination agreement forms – available as free examples and templates you can download as PDF or Word doc files.
You are terminating a lease and you need the agreement of the lessee (the borrower, or the renter). This is important, especially for legal reasons. You don’t want the lessee accusing you of not going by the contract.
In some situations, a termination contract will render the original lease agreement void. In others, the termination contract is merely the expected final step to close a successful lease duration.
You will likely have to draft Lease Termination Letters in these scenarios:
If you as the property owner do not have sufficient grounds for ending the lease early, you are technically breaking the lease. Standard Lease Agreement Forms are legally binding, and if you break it, you may have to negotiate with the lessee and compensate – perhaps with moving expenses.
Lease Termination Forms are meant to be the final step in any leasing process. It is worth knowing how to do right to avoid further complications.
If you would like more free samples and templates of a lease termination form or letter, you might find these links helpful: