The Landlord Release Form is a critical document used in Indonesian property management when formally concluding a lease agreement between landlord and tenant. It becomes necessary when a lease is being terminated, whether at the natural end of its term or through mutual agreement for early termination. The document, governed by Indonesian property law and the Civil Code (KUHPerdata), serves to protect both parties by clearly documenting the settlement of all lease-related obligations, including security deposit returns, property condition assessments, and outstanding payments. A properly executed Landlord Release Form prevents future disputes by providing clear evidence that all parties have agreed to the termination terms and have released each other from further obligations under the original lease agreement.
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1. Parties: Identification of the landlord and tenant, including their full legal names, addresses, and any relevant registration numbers
2. Background: Brief recital of the original lease agreement details, including date of execution, property address, and term of lease
3. Definitions: Key terms used in the release form including 'Property', 'Lease Agreement', 'Release Date', and 'Security Deposit'
4. Release Terms: Explicit statement of mutual release from lease obligations and responsibilities
5. Security Deposit Settlement: Details of the security deposit return or deductions, including agreed amounts and timeline
6. Property Condition: Confirmation of the property's condition upon surrender and any agreed repairs or maintenance
7. Outstanding Payments: Statement regarding any outstanding rent, utilities, or other payments
8. Keys and Access Devices: Confirmation of return of all keys, access cards, and other property access devices
9. Governing Law: Specification that the release is governed by Indonesian law
10. Execution: Signature blocks for all parties and witnesses as required under Indonesian law
1. Surviving Obligations: Used when certain obligations survive the release, such as confidentiality or maintenance responsibilities
2. Partial Release: Included when the release applies to only certain aspects of the lease while others remain in effect
3. Future Claims Waiver: Additional waiver of future claims related to the tenancy, used in cases where there might be potential future disputes
4. Indemnification: Added when specific indemnification provisions are needed beyond the general release
5. Dispute Resolution: Included when parties wish to specify a particular method for resolving any future disputes about the release
6. Third Party Rights: Used when there are guarantors or other third parties involved in the original lease
1. Property Inspection Report: Detailed documentation of the property's condition at the time of surrender
2. Security Deposit Calculation: Itemized list of any deductions from the security deposit and final settlement amount
3. Outstanding Payments Schedule: Detailed list of any outstanding payments and their settlement
4. Photographic Evidence: Photos documenting the property's condition at surrender
5. Utility Readings: Final readings for all relevant utilities and status of accounts
Relevant legal definitions
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Relevant Industries
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Hospitality
Industrial
Office Space
Mixed-Use Development
Student Housing
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Property Administration
Asset Management
Contract Management
Compliance
Property Services
Tenant Relations
Relevant Roles
Property Manager
Real Estate Manager
Facility Manager
Legal Counsel
Property Administrator
Leasing Manager
Asset Manager
Operations Manager
Contract Administrator
Property Officer
Real Estate Agent
Building Superintendent
Legal Administrator
Housing Coordinator
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