Rental Termination Agreement Template for Indonesia

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Key Requirements PROMPT example:

Rental Termination Agreement

"I need a Rental Termination Agreement for my Jakarta office space, terminating the lease early on March 1, 2025, with a clause for the return of our 3-month security deposit and specific provisions for removing our installed IT infrastructure."

Document background
The Rental Termination Agreement is a crucial legal document used in Indonesia when parties wish to formally end their rental relationship before or at the conclusion of a lease term. This document is essential for both residential and commercial properties, providing a clear framework for termination that complies with Indonesian Civil Code (KUHPerdata) and relevant property regulations. It should be used whenever parties agree to end their rental relationship, documenting all aspects of the termination including final payments, property condition, utility settlements, and the return of any security deposits. The agreement helps prevent future disputes by clearly outlining each party's rights and obligations during the termination process, ensuring a smooth transition of property possession back to the landlord while protecting both parties' interests.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including their complete legal names, addresses, and any relevant registration numbers for companies

2. Background: Brief description of the existing rental agreement, including its date, property details, and reason for termination

3. Definitions: Definitions of key terms used throughout the agreement

4. Termination Date: Specific date when the rental agreement will be terminated and the consequences of this termination

5. Property Handover: Process and requirements for returning the property to the landlord, including condition requirements and inspection procedures

6. Final Payments: Details of all final payments, including any outstanding rent, utilities, or other charges

7. Release and Discharge: Mutual release of obligations and liabilities between parties after termination

8. Governing Law: Confirmation that the agreement is governed by Indonesian law

9. Execution: Signature blocks and execution requirements for all parties

Optional Sections

1. Security Deposit Settlement: Terms for the return or withholding of security deposit, used when a security deposit was part of the original agreement

2. Damages and Repairs: Detailed provisions regarding any damages to the property and required repairs, included when there are specific issues to address

3. Dispute Resolution: Specific procedures for resolving any disputes that may arise, included when parties want to specify a particular dispute resolution method

4. Continuing Obligations: Any obligations that survive the termination, included when certain responsibilities continue past the termination date

5. Third Party Rights: Provisions regarding any third party rights or obligations, included when other parties are involved (e.g., guarantors)

6. Confidentiality: Provisions for maintaining confidentiality of the agreement terms, included for commercial properties or sensitive situations

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the rental property, including address and any included fixtures and fittings

2. Schedule 2 - Inventory List: Comprehensive list of any furniture, appliances, or other items included in the rental

3. Schedule 3 - Condition Report: Detailed report of the property's condition at the time of termination

4. Schedule 4 - Financial Settlement: Detailed breakdown of all financial settlements, including any pro-rata calculations

5. Appendix A - Original Rental Agreement: Copy of the original rental agreement being terminated

6. Appendix B - Property Photographs: Dated photographs documenting the property's condition at termination

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Office Space

Industrial

Hospitality

Agriculture

Education

Healthcare

Relevant Teams

Legal

Real Estate

Property Management

Operations

Facilities

Administrative

Contract Management

Asset Management

Tenant Relations

Risk Management

Relevant Roles

Property Manager

Real Estate Agent

Facility Manager

Legal Counsel

Property Administrator

Asset Manager

Leasing Manager

Operations Manager

Contract Administrator

Housing Officer

Tenant Relations Manager

Real Estate Director

Property Services Coordinator

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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