The Termination of Lease Agreement by Tenant is a crucial document used in Malta when a tenant wishes to formally end their lease agreement, whether residential or commercial. It must comply with Malta's Private Residential Leases Act 2020 and the Civil Code (Chapter 16), which set specific requirements for notice periods, registration, and procedural matters. This document is essential for protecting both parties' interests, ensuring proper documentation of the termination process, and maintaining compliance with Housing Authority regulations. It includes provisions for property inspection, security deposit return, utility settlements, and formal handover procedures. The agreement can be used for both early termination scenarios and end-of-term departures, requiring customization based on the specific circumstances and terms of the original lease.
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1. Parties: Identification of the Landlord and Tenant, including full legal names, identification numbers, and registered addresses
2. Background: Reference to the original lease agreement, including its date, property address, and registration details with the Housing Authority
3. Definitions: Definition of key terms used in the agreement, including 'Termination Date', 'Property', 'Original Lease', etc.
4. Notice of Termination: Formal declaration of the tenant's intention to terminate the lease, specifying the termination date and statutory notice period being given
5. Confirmation of Notice Period: Acknowledgment that the notice period complies with both the original lease terms and Maltese law requirements
6. Property Inspection: Terms for the final property inspection and condition assessment
7. Security Deposit: Arrangements for the return of the security deposit, subject to property condition verification
8. Handover Arrangements: Specific details about returning keys, removing personal belongings, and vacating the property
9. Final Bills and Utilities: Provisions for the settlement of outstanding utility bills and service charges
10. Execution: Signature blocks for all parties and witnesses as required under Maltese law
1. Early Termination Fee: Required only if the termination occurs before the end of the agreed lease term and if such fees are applicable under the original agreement
2. Forwarding Address: Include when the tenant wishes to formally provide their new address for future correspondence
3. Property Marketing: Include when parties need to agree on arrangements for showing the property to potential new tenants
4. Outstanding Repairs: Include when there are specific repair or maintenance issues that need to be addressed before termination
5. Tax Declarations: Include when required for tax purposes or Housing Authority registration requirements
1. Schedule 1 - Property Inventory: Detailed inventory of the property's contents and condition at the time of termination notice
2. Schedule 2 - Utility Accounts: List of all utility accounts and service providers that need to be terminated or transferred
3. Schedule 3 - Outstanding Payments: Detailed list of any outstanding rent, utilities, or other payments due from either party
4. Appendix A - Original Lease Agreement: Copy of the original lease agreement for reference
5. Appendix B - Property Photographs: Current photographs of the property documenting its condition at the time of termination notice
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