The Termination Of Rental Agreement Form is a vital legal document used in Malta when either party wishes to end a rental agreement, whether at the natural conclusion of the lease term or through early termination. This document must comply with Malta's Residential Leases Act of 2020 and associated regulations, requiring registration with the Housing Authority. It captures crucial information including termination date, property condition, security deposit arrangements, and outstanding obligations. The form is essential for both residential and commercial properties, providing legal protection for all parties and ensuring proper documentation of the lease termination process. It includes provisions for property inspection, utility readings, and final settlements, while adhering to specific notice periods and documentation requirements under Maltese law.
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1. Parties: Full legal names and details of the landlord and tenant, including ID/passport numbers as required by Maltese law
2. Background: Brief reference to the original lease agreement, including its date, registration number with the Housing Authority, and property address
3. Definitions: Key terms used in the termination agreement, including 'Lease Agreement', 'Property', 'Termination Date', and 'Security Deposit'
4. Termination Declaration: Clear statement of mutual agreement to terminate the lease, or unilateral termination notice as applicable
5. Effective Date: Specific date when the termination becomes effective, ensuring compliance with notice periods under Maltese law
6. Property Handover: Terms and conditions for returning the property, including inspection requirements and key return
7. Security Deposit: Arrangements for the return or deduction from the security deposit, including timeline and conditions
8. Outstanding Payments: Declaration of any remaining rent, utilities, or other payments due from either party
9. Release of Obligations: Mutual release of future obligations under the original lease agreement
10. Governing Law: Confirmation that the termination is governed by Maltese law
11. Signatures: Space for dated signatures of all parties and witnesses as required by Maltese law
1. Early Termination Cause: Required when termination occurs before the end of the lease term, stating the specific grounds for early termination under Maltese law
2. Dispute Resolution: Optional clause outlining process for resolving any disputes arising from the termination
3. Forwarding Address: Section for tenant to provide future contact details for deposit return and correspondence
4. Maintenance Issues: Optional section documenting any existing maintenance issues or damage to be addressed before handover
5. Housing Authority Notification: Section detailing the process for notifying the Housing Authority of the termination, required only for registered leases
1. Schedule A - Property Inspection Report: Detailed report of the property's condition at termination, compared to initial condition
2. Schedule B - Utility Readings: Final readings for all utilities and services connected to the property
3. Schedule C - Inventory Checklist: List of any furnishings or items included in the original lease and their condition at termination
4. Appendix 1 - Photographic Evidence: Dated photographs of the property's condition at termination
5. Appendix 2 - Outstanding Payments Schedule: Detailed breakdown of any outstanding payments or deductions from the security deposit
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