Lease Termination Letter Sample
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How do you write a lease agreement termination letter? What notice to give to terminate a lease agreement for property rent?
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How do you write a lease agreement termination letter? What notice to give to terminate a lease agreement for property rent?
Being a property owner means that you might be dealing with an unpleasant situation if you need to ask your tenant to leave before the lease is due. If you need to formally apply for rescission of a lease agreement, have a look at this letter. Please note a rescission can be distinctive from a termination since a rescission can be conducted cause of misrepresentation or other circumstances in which rescission may be available to a lessee. Whether restitution is available as a remedy for a misrepresentation or misleading and deceptive conduct will depend on all circumstances.
Misrepresentation and misleading and deceptive behavior are complex doctrines of law, on which new legislation is applicable. This makes it more complicated when a serious misrepresentation or misleading or deceptive conduct has happened to a tenant, which might be the cause to terminate a contract. In any case, we advise looking for professional legal advice to support your case.
This lease termination agreement template is still relevant and can be helpful in the next step: to set up the communication between owner for equipment, or landlord and tenant for the lease of property.
When can you rescind a tenancy agreement?
In general, when one of the involved parties feel the need to rescind a lease agreement, for example when there has been a fraudulent misrepresentation, or a possibly a reckless/negligent misrepresentation. In the case of rescinding an agreement because of a misrepresentation, the burden of proof will be with the tenant to show that there has been a clear and unequivocal communication of their decision to rescind and to evidence that a misrepresentation sufficient to merit the rescission has occurred.
Sample Lease termination letter content:
I am writing this letter to remind you that your property lease agreement is all set to expire on {{Date}}. I regret to inform you that I am not looking forward to renewing the agreement any further. I am bound to take this decision because my relatives are coming from abroad and they need a place to live. I must say that you have been a great tenant. Right from paying your rent on time to taking care of the property like it’s your own home, you were an ideal tenant for me. In case you need a letter of recommendation for renting another property, please feel free to let me know. It would be my pleasure to help you with the same. Hopefully, I have informed you in advance so that you can make the further arrangements properly. Wish you all the best for your future.
In this case, the tenant’s conduct must be consistent with the decision to rescind the agreement. If a tenant continues to act as if bound by the contract or gain benefit from the contract then the landlord can increasingly engage the defense of affirmation and argue that the tenant has affirmed the contract. If affirmation occurs then the tenant may be rendered liable to a claim for lease break if they later return the keys on the basis of an alleged rescission. Please note, while confirmation may reduce the prospects of rescission and restitution, it does not stop you from trying other remedies, like rectification or damages.
Try out our online Free and Premium Legal templates, forms, and contracts today. We provide several useful templates for landlords and tenants, to exercise their rights in a formal way. Working with our templates guarantees you will save time, costs, and efforts!
Download our Formal Lease termination agreement now if your tenant is released from the lease agreement.
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