Document background
An Early Lease Termination Letter is a crucial document used in Hong Kong's property market when either a tenant or landlord needs to end a lease agreement before its natural expiration. This document is essential for compliance with Hong Kong's property laws, particularly the Landlord and Tenant (Consolidation) Ordinance. It should be used when circumstances necessitate early termination of a lease, whether due to business relocation, personal circumstances, or mutual agreement between parties. The letter must include specific details about the property, reference to the original lease agreement, proposed termination date, and arrangements for handover. It serves as formal documentation of the termination request and helps protect both parties' interests by clearly stating the terms and conditions of the early termination.
