The Notice of Early Termination of Lease is utilized when either a landlord or tenant wishes to end a lease agreement prematurely, as permitted by the terms of the original lease or statutory provisions under English and Welsh law. This document must include specific details such as the property address, parties involved, termination date, and legal basis for early termination. It's crucial for the notice to comply with relevant legislation, including the Landlord and Tenant Act and Housing Act requirements. The notice should be served according to the methods specified in the lease agreement or statutory provisions, and proper documentation of service should be maintained.
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Key Requirements PROMPT example:
Notice Of Early Termination Of Lease
"I need to draft a Notice of Early Termination of Lease for my commercial office space in Manchester, exercising the break clause to end the tenancy on March 1, 2025, ensuring compliance with the 6-month notice period required in the original lease."
1. Date: Current date of notice
2. Tenant Details: Full name and contact details of tenant(s)
3. Landlord Details: Full name and contact details of landlord
4. Property Details: Full address of the leased property
5. Lease Reference: Date and parties of original lease agreement
6. Termination Statement: Clear statement of intention to terminate the lease
7. Termination Date: Specific date when the lease will terminate
8. Legal Basis: Reference to relevant break clause or legal basis for termination
1. Reason for Termination: Explanation of termination reason, when required by lease or as courtesy
2. Handover Arrangements: Details of key return and property inspection arrangements
3. Outstanding Payments: Reference to any remaining financial obligations or payment arrangements
4. Forwarding Address: New address for future correspondence and deposit return
1. Copy of Original Lease: Attached copy of the original lease agreement for reference
2. Proof of Service: Documentation showing proper delivery of notice
3. Schedule of Condition: Documentation of current property condition if required
4. Inventory List: List of landlord's fixtures and fittings to be checked during handover
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