The Termination Of Month To Month Lease document is essential for properly ending periodic tenancies in Hong Kong's property market. It must comply with Hong Kong's Landlord and Tenant (Consolidation) Ordinance, which requires specific notice periods and content requirements. This document is typically used when either a landlord or tenant wishes to end a month-to-month tenancy arrangement, providing formal written notice of the intention to terminate. It includes critical information such as property details, parties involved, termination date, handover requirements, and provisions for security deposit return. The document helps ensure a smooth transition and protects both parties' interests by clearly documenting the termination terms and conditions. It's particularly important in Hong Kong's dynamic property market where both residential and commercial month-to-month leases are common.
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1. Tenant and Landlord Details: Full names and addresses of both the tenant and landlord, including correspondence addresses
2. Property Information: Complete address and description of the leased property
3. Lease Reference: Details of the original lease agreement including its date and any relevant reference numbers
4. Notice of Termination: Clear statement of intention to terminate the lease and the effective termination date
5. Handover Requirements: Basic requirements for property handover including condition expectations and key return
6. Signature Block: Space for date and signatures of the terminating party
1. Security Deposit Details: Include when there is a security deposit to be returned, specifying the amount and process for return
2. Outstanding Payments: Include when there are any rent arrears or utility payments to be settled
3. Forwarding Address: Include when the tenant needs to provide a new address for future correspondence
4. Property Inspection Arrangements: Include when specific arrangements for final inspection need to be documented
5. Utility Transfer: Include when there are specific requirements for transferring or terminating utility services
1. Schedule A - Property Condition Checklist: Checklist for documenting the current condition of the property and any items requiring attention before handover
2. Schedule B - Outstanding Payments Schedule: Detailed list of any outstanding payments or credits, if applicable
3. Schedule C - Handover Inventory: List of items to be returned or checked during property handover
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Relevant Teams
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Real Estate
Operations
Facilities
Administrative
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Asset Management
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Relevant Roles
Property Manager
Leasing Manager
Real Estate Agent
Legal Counsel
Property Administrator
Facility Manager
Asset Manager
Tenant Relations Manager
Operations Manager
Property Owner
Building Manager
Compliance Officer
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