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1. Parties: Identifies and provides full details of the landlord/lessor and tenant/lessee, including their legal names and addresses
2. Background: Outlines the existing lease agreement details, including original commencement date, property address, and current term
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Termination Date: Specifies the exact date when the lease will terminate and the tenant will vacate the property
5. Mutual Agreement: States that both parties agree to terminate the lease and outlines the voluntary nature of the termination
6. Final Payments: Details all financial obligations, including final rent payment, utility bills, and any pro-rata calculations
7. Security Deposit: Specifies the process and timeline for the return of the security deposit and any deductions
8. Property Condition: Outlines requirements for the condition in which the property must be returned
9. Keys and Access: Details the return of all keys, access cards, and other property access items
10. Release of Obligations: Mutual release of future obligations under the original lease agreement
11. Governing Law: Specifies that the agreement is governed by Australian law and the relevant state jurisdiction
12. Execution: Signature blocks for all parties and witnesses
1. Outstanding Repairs: Include when there are specific repair obligations that need to be addressed before termination
2. Break Fee: Include when the termination occurs before the end of a fixed term and requires payment of a break fee
3. Forwarding Address: Include when the tenant needs to provide a forwarding address for future correspondence or bond return
4. Utilities Transfer: Include when there are specific requirements for transferring or disconnecting utilities
5. Storage of Goods: Include when there are arrangements needed for goods left behind
6. Reference Agreement: Include when parties agree to provide or receive residential references
7. Insurance Requirements: Include when specific insurance obligations continue until the termination date
1. Schedule 1 - Property Condition Report: Current condition report of the property to be completed prior to termination
2. Schedule 2 - Payment Settlement Details: Detailed breakdown of all final payments, including rent, utilities, and any adjustments
3. Schedule 3 - Inventory List: List of any furniture, fixtures, or fittings that were part of the lease and their condition
4. Appendix A - Original Lease Agreement: Copy of the original lease agreement being terminated
5. Appendix B - Property Inspection Checklist: Checklist for final inspection requirements
6. Appendix C - Handover Form: Form documenting the return of keys and property access items
Termination
Vacant Possession
Security Deposit Return
Final Payments
Property Condition
Utilities and Services
Keys and Access
Mutual Release
Outstanding Obligations
Property Inspection
Personal Property
Forwarding Address
Representations and Warranties
Costs
Dispute Resolution
Governing Law
Severability
Entire Agreement
Notices
Amendment
Counterparts
Assignment
Force Majeure
Indemnification
Compliance with Laws
Real Estate
Property Management
Residential Housing
Legal Services
Property Development
Corporate Housing
Student Accommodation
Social Housing
Asset Management
Legal
Property Management
Operations
Residential Leasing
Compliance
Asset Management
Client Services
Documentation
Contract Administration
Risk Management
Property Manager
Real Estate Agent
Leasing Coordinator
Tenancy Manager
Legal Counsel
Housing Officer
Asset Manager
Facilities Manager
Property Administrator
Compliance Officer
Tenant Relations Manager
Portfolio Manager
Operations Manager
Contract Administrator
Real Estate Legal Assistant
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