An Early Lease Termination Letter is essential when a tenant needs to end their lease before the agreed termination date. This document is commonly used in England and Wales when circumstances require early lease termination, whether due to personal circumstances, business changes, or other valid reasons. The letter should reference any break clauses in the original lease, specify the proposed termination date, and address key aspects such as property condition and financial obligations. It must comply with relevant property legislation and lease terms while providing clear communication between all parties involved.
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1. Sender Details: Full name, address and contact information of the tenant sending the termination letter
2. Recipient Details: Full name, address and contact information of the landlord or property manager
3. Property Identification: Complete address and details of the leased property subject to termination
4. Lease Reference: Original lease date, reference numbers and key terms of the existing lease agreement
5. Termination Request: Clear statement of intention to terminate the lease early with specific proposed termination date
6. Handover Arrangements: Proposed arrangements for property inspection, key return and move-out procedures
1. Break Clause Reference: Reference to and details of any break clause in the original lease being relied upon for early termination
2. Reason for Termination: Explanation of circumstances leading to early termination request
3. Financial Settlement Proposal: Proposed arrangements for handling rent, deposits, outstanding payments and other financial matters
1. Original Lease Agreement: Copy of the existing lease agreement being terminated
2. Property Inspection Schedule: Proposed dates and arrangements for final property inspection
3. Financial Statement: Detailed statement of any outstanding payments, credits, or deposit arrangements
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