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Rental Lease Termination
"I need a Rental Lease Termination agreement for my residential apartment in Jakarta, with a mutual termination date of March 1, 2025, including provisions for the return of a 3-month security deposit and final utility payments."
1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and any relevant registration numbers
2. Background: Brief context of the existing lease agreement, including its date, property details, and reason for termination
3. Definitions: Key terms used in the agreement including 'Termination Date', 'Security Deposit', 'Property', etc.
4. Termination Date: Specific date when the lease will terminate and the tenant will vacate the property
5. Mutual Agreement: Statement of mutual consent to terminate the lease agreement
6. Property Handover Requirements: Conditions for returning the property, including cleaning and repair obligations
7. Security Deposit Settlement: Terms for the return of the security deposit, including deductions if applicable
8. Outstanding Payments: Settlement of any remaining rent, utilities, or other charges
9. Release of Obligations: Mutual release from future obligations under the original lease
10. Governing Law: Confirmation that the agreement is governed by Indonesian law
11. Signatures: Execution block for all parties to sign and date
1. Early Termination Fee: Required when termination occurs before the original lease end date and includes penalty calculations
2. Forwarding Address: Used when the tenant needs to provide a new address for future correspondence or deposit return
3. Maintenance Issues: Included when there are specific repair or maintenance items to be addressed before termination
4. Third-Party Rights: Required when other parties (such as guarantors) are involved in the original lease
5. Dispute Resolution: Optional clause for specific dispute resolution procedures
6. Property Inspection Schedule: When a specific timeline for final inspection needs to be documented
1. Schedule A - Property Condition Report: Detailed assessment of the property's current condition and any damage
2. Schedule B - Outstanding Payment Calculator: Breakdown of any remaining financial obligations
3. Schedule C - Security Deposit Calculation: Itemized list of any deductions from the security deposit
4. Schedule D - Handover Checklist: List of items to be checked during the final property inspection
5. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement being terminated
6. Appendix 2 - Property Photographs: Current dated photographs of the property condition
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Hospitality
Office Space
Industrial
Storage and Warehousing
Educational Facilities
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Contract Administration
Compliance
Tenant Relations
Administrative Services
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Leasing Manager
Asset Manager
Operations Manager
Contract Administrator
Real Estate Agent
Property Administrator
Tenant Relations Manager
Building Superintendent
Housing Officer
Compliance Officer
Real Estate Paralegal
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