The Early Termination of Tenancy Agreement is essential when either landlord or tenant needs to end a lease before its natural conclusion. This document is commonly used in situations involving job relocations, military deployment, health issues, or other circumstances requiring premature lease termination. It must comply with U.S. federal laws such as the Fair Housing Act and state-specific landlord-tenant regulations. The agreement typically includes termination date, financial settlements, property condition requirements, and mutual releases to prevent future disputes.
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1. Parties: Identification of landlord and tenant with full legal names and addresses
2. Background: Reference to original lease agreement and reason for early termination
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when tenancy will end
5. Financial Settlement: Details of final rent payment, security deposit handling, and any termination fees
6. Mutual Release: Release of both parties from future obligations under the original lease
7. Signatures: Execution block for all parties
1. Property Inspection: Details of move-out inspection process and requirements for documenting property condition
2. Utilities Transfer: Arrangements for transfer or termination of utility services and payment of final bills
3. Personal Property: Provisions for handling any abandoned personal property after move-out
4. Keys and Access: Requirements for return of keys, access cards, and other entry devices
1. Schedule A - Property Condition Report: Documented condition of property at termination including photos and inspection notes
2. Schedule B - Financial Statement: Detailed breakdown of all financial settlements including security deposit deductions
3. Schedule C - Original Lease Agreement: Copy of the original lease being terminated
4. Schedule D - Evidence of Termination Cause: Supporting documentation for early termination reason such as military orders or medical documentation
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