Document background
The Early Termination of Rental Agreement is a crucial document used in Indonesian property law when parties need to formally end a rental arrangement before its scheduled completion. This document is essential when circumstances require premature termination of a lease, whether due to tenant relocation, landlord's need to reclaim the property, or mutual agreement between parties. It must comply with Indonesian Civil Code (KUHPer) requirements, particularly Articles 1548-1600 governing rental agreements, and any applicable local property regulations. The agreement typically includes specific provisions for termination date, property handover procedures, financial settlements, and mutual releases, protecting both parties' interests while ensuring a legally sound termination process. It's particularly relevant in both residential and commercial contexts, requiring careful attention to local legal requirements and customary practices in Indonesian property management.
