The Early Termination Of Lease Agreement By Tenant is a crucial document used in Malta when a tenant needs to end their lease agreement before the contracted end date. It is designed to comply with Malta's Private Residential Leases Act and Civil Code, providing a formal framework for early termination while protecting both parties' rights. The document becomes necessary when tenants face circumstances requiring premature lease termination, such as job relocation, personal emergencies, or changed financial circumstances. It includes essential provisions for notice periods, property condition requirements, security deposit handling, and final payment arrangements. This agreement is particularly important in the Maltese context, where specific legal requirements govern residential and commercial lease terminations.
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1. Parties: Identification of the Landlord and Tenant, including full legal names, addresses, and ID numbers as required under Maltese law
2. Background: Reference to the original lease agreement, its date, property details, and the basis for early termination
3. Definitions: Key terms used in the agreement, including 'Termination Date', 'Notice Period', and 'Property'
4. Notice of Termination: Formal declaration of the tenant's intention to terminate the lease early, specifying the termination date
5. Compliance with Notice Period: Confirmation that the notice period complies with Maltese law and the original lease terms
6. Property Handover: Terms and conditions for returning the property, including condition requirements and inspection procedures
7. Security Deposit: Arrangements for the return or application of the security deposit
8. Final Payments: Details of final rent payment, utilities, and other financial obligations
9. Release of Obligations: Mutual release of future obligations under the lease post-termination
10. Governing Law: Confirmation that the agreement is governed by Maltese law
11. Signatures: Execution section for both parties including witness requirements
1. Outstanding Repairs: Include when there are specific repair obligations to be addressed before termination
2. Forwarding Address: Include when the tenant needs to provide a future contact address for deposit return or correspondence
3. Early Termination Fee: Include when there is an agreed penalty or fee for early termination
4. Keys and Access Devices: Include when there are multiple keys or access devices to be returned
5. Utilities Transfer: Include when specific arrangements are needed for utility account transfers
6. Surviving Obligations: Include when certain lease obligations survive termination
7. Mediation Clause: Include when parties want to specify dispute resolution procedures
1. Schedule A - Property Inventory: Detailed inventory of property contents and their condition at termination
2. Schedule B - Photographic Evidence: Photos documenting the property's condition at termination
3. Schedule C - Original Lease Agreement: Copy of the original lease agreement being terminated
4. Schedule D - Utility Readings: Final readings for utilities and related accounts
5. Schedule E - Inspection Report: Final property inspection report signed by both parties
6. Appendix 1 - Calculation of Final Payments: Detailed breakdown of all final payments including rent, utilities, and deposit deductions
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