As a tenant, there are many reasons why you might choose to terminate your lease before the legally agreed upon date. Whatever the reason, you have to inform your landlord of your intent by writing an early lease termination letter. It is important for you to issue a notice to your landlord that you base on your original lease agreement if you decide to end your lease prematurely. One way to avoid penalties on this decision is to find a replacement tenant.
What, Why and How to Write a Lease Termination Letter
How to Write a Letter to Terminate Resident Agreement | Home Guides | SF Gate
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Early Lease Termination Letter
If you're terminating your lease early, you'll need to draft a letter explaining yourself and provide additional information. DeLoe, Esq. Living in a rented apartment with a fixed lease term, such as one year, allows you to feel secure that you have a place to stay. Sometimes, however, a fixed lease term is a mixed blessing, especially if you need to get out of your lease before the term is up.
Tenants who intend to stay at a particular rented property may end up changing their minds down the line. Regardless of what the specific reason is, their intentions can be put into writing in the form of a lease termination letter. A lease termination letter, also referred to on occasion as a mutually agreed upon termination agreement, is a document intended to completely release a tenant from his or her responsibilities as the leaseholder of a particular property. Whether or not the tenant in question is granted the termination is at the discretion of the landlord. Should the request be granted, then getting the approval in writing will be helpful when it comes to handling potential disputes in the future.