FREE 10+ Residential Lease Termination Agreement Samples in MS Word | Google Docs | Apple Pages | PDF

For tenants living in a rented apartment or rented houses with a fixed lease term, makes them feel secured that they have a place to stay for some time. However, some instances and situations may cause the tenant to end their lease early. As a landlord, you have the liberty on allowing the tenants to do this, especially if you’ve included a provision in their lease agreement that they can break off their lease way before it’s over. Since you can’t prevent a tenant from leaving your property and if especially they asked permission nicely to break off the lease, the next logical thing to do is accept their request and draft a lease termination agreement where you can both acknowledge that the lease will be broken off earlier than expected. This article will guide you on how to make a residential lease termination agreement.

10+ Residential Lease Termination Agreement Samples

1. Residential Lease Termination Agreement Template

2. Residential Lease Termination Surrender Agreement

3. Residential Lease Early Termination Agreement

4. Residential Lease Mutual Termination Agreement

5. Residential Lease Termination Release Agreement

6. Residential Lease Termination Agreement

7. Residential Housing Lease Termination Agreement

8. Sample Residential Lease Termination Agreement

9. Termination Agreement for Residential Lease

10. Residential Property Lease Termination Agreement

11. Private Residential Lease Termination Agreement

What is a Lease Termination Agreement?

A lease termination agreement is a written and signed contract that outlines the agreement made between the landlord and the tenant to end the lease early from its termination date and release the tenant from all obligations. Some landlords require the tenant pay an early termination fee to release the tenant from their lease.

Details to Include in a Residential Lease Termination Agreement

A lease termination agreement will vary from landlord to landlord but keep in mind that the details listed below should be included in the agreement:

• The names and contact information of the landlord and the tenant and the address of the property,
• The date when the agreement is signed,
• The reference to the lease clause that permits the tenant to end the lease,
• The reasons why the lease is terminated early,
• The date when the tenant must vacate the properly and a statement that the tenant must leave the property in good condition and requiring the tenant to turn over the keys to the landlord,
• The amount of the fee of breaking the lease early (if applicable) and acknowledgment of the tenant of paying the fee upon vacating the premises,
• The date of when the landlord will do a walk-through inspection,
• The details regarding the security deposit given by the tenant during their first lease,
• Names and signatures of both tenant and landlord that signifies that the lease termination agreement will now take effect.

FAQs

A well-drafted termination agreement allows you and your tenant to agree upon a lease termination date and avoid escalating issues. Ensure that the agreement is free from spelling and grammatical errors and inaccurate details that might cause misconceptions or misunderstandings. Make a copy of the lease termination agreement both for you and the tenant. You can also consult an attorney to review your agreement and ensure that its provisions follow along your state’s and district’s laws. To help you get started making the contract, download our free sample templates above to use as your guide!