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Early Lease Termination Addendum

Early Lease Termination Addendum Template for United Arab Emirates

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Key Requirements PROMPT example:

Early Lease Termination Addendum

"I need an Early Lease Termination Addendum for my Dubai commercial property lease, where my company is relocating overseas, with a planned termination date of March 15, 2025, and specific requirements for removing installed office equipment and restoring the premises to its original condition."

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Document background
An Early Lease Termination Addendum is essential when parties to a UAE lease agreement mutually agree to end their lease relationship before the contracted end date. This document is particularly relevant in the UAE's dynamic real estate market, where both residential and commercial tenants may need to relocate due to business changes, personal circumstances, or market conditions. The addendum must comply with federal UAE laws, including the UAE Civil Code, as well as specific emirate-level rental regulations. It typically includes crucial details such as the termination date, financial settlements, property handover requirements, and releases of future obligations. This document is commonly used in Dubai and Abu Dhabi but is applicable throughout the UAE, providing legal protection for both landlords and tenants while ensuring a smooth and documented transition process.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant, including full legal names and details as they appear in the original lease agreement

2. Background: Reference to the original lease agreement, including its date, property details, and the parties' mutual desire to terminate early

3. Definitions: Key terms used in the addendum, including 'Original Lease', 'Termination Date', 'Property', and 'Settlement Amount' if applicable

4. Early Termination Agreement: The core agreement to terminate the lease early, including the specific termination date

5. Financial Settlement: Details of any termination fees, remaining rent, security deposit handling, and final utility payments

6. Handover Arrangements: Specific requirements for property inspection, key return, and condition assessment

7. Release of Obligations: Mutual release of future obligations under the original lease, subject to fulfillment of termination conditions

8. Governing Law and Jurisdiction: Confirmation that the addendum is governed by UAE law and specification of relevant emirate jurisdiction

Optional Sections

1. Maintenance and Repairs: Required when specific repair works need to be completed before handover

2. Third Party Notifications: Include when there are requirements to notify utility companies, facility management, or other relevant parties

3. Forwarding Address: Include when specific arrangements are needed for future communications or deposit return

4. Property Marketing: Include when there are agreements about showing the property to prospective tenants before the termination date

5. Outstanding Violations: Include when there are existing violations or fines that need to be addressed

6. Survival Clause: Include when certain provisions of the original lease need to survive the termination

Suggested Schedules

1. Schedule 1 - Original Lease Agreement: Copy of the original lease agreement being terminated

2. Schedule 2 - Property Handover Checklist: Detailed checklist for property inspection and handover requirements

3. Schedule 3 - Financial Settlement Statement: Detailed breakdown of all financial settlements, including any refunds or payments due

4. Appendix A - Property Photographs: Current photographs of the property condition (if required)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























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Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Hospitality

Office Space

Industrial

Mixed-Use Development

Shopping Centers

Warehousing

Educational Facilities

Healthcare Facilities

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Compliance

Property Management

Asset Management

Contract Administration

Customer Relations

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Leasing Manager

Asset Manager

Operations Manager

Contract Administrator

Compliance Officer

Real Estate Director

Property Administrator

Tenant Relations Manager

Building Manager

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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