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Lease Agreement Termination Letter

Lease Agreement Termination Letter Template for Malaysia

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Key Requirements PROMPT example:

Lease Agreement Termination Letter

"I need a Lease Agreement Termination Letter for my commercial office space in Kuala Lumpur, with the termination to take effect on March 31, 2025, ensuring all utility transfers and final inspection requirements are clearly outlined."

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Document background
The Lease Agreement Termination Letter is a crucial legal document used in Malaysian property transactions to formally end a lease arrangement. It must comply with Malaysian property law, particularly the National Land Code 1965 and Contracts Act 1950, and should be used whenever either party wishes to terminate a lease, whether at the end of the term or prematurely. The document serves multiple purposes: it provides official notice of termination, documents the agreed termination date, outlines final obligations including property inspection and utility settlements, and addresses the return of security deposits. This formal communication helps prevent disputes and ensures a clear record of the termination process, making it essential for both residential and commercial property management in Malaysia.
Suggested Sections

1. Sender and Recipient Details: Full names and addresses of both landlord and tenant, including contact information

2. Date: Current date and reference number if applicable

3. Subject Line: Clear indication that this is a lease termination notice

4. Lease Reference: Details of the original lease including property address, lease date, and any reference numbers

5. Termination Statement: Clear statement of intent to terminate the lease, citing the relevant clause from the original agreement

6. Effective Date: Specific date when the termination will take effect

7. Final Obligations: List of requirements for both parties including final inspection, utility payments, and key return

8. Closing: Formal closing, signature block, and contact information for further communication

Optional Sections

1. Security Deposit Details: Include when addressing the return of security deposit, specifying amount and process

2. Outstanding Payments: Include when there are any pending rent payments or utility bills to be settled

3. Property Damage: Include when there are specific issues regarding property condition or repair requirements

4. Early Termination Fees: Include when the termination occurs before the original lease end date and involves penalty fees

5. Forwarding Address: Include when tenant needs to provide a forwarding address for future correspondence

6. Mediation Clause: Include when parties wish to specify dispute resolution procedures

Suggested Schedules

1. Property Inspection Checklist: Detailed checklist for final property inspection

2. Outstanding Payment Schedule: List of any pending payments or adjustments

3. Copy of Original Lease: Attachment of the original lease agreement for reference

4. Photographic Evidence: If relevant, photos documenting property condition

5. Utility Account Details: List of utility accounts to be closed or transferred

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


















Clauses















Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail

Hospitality

Industrial

Office Space

Storage and Warehousing

Mixed-Use Development

Relevant Teams

Legal

Property Management

Real Estate Operations

Facilities Management

Asset Management

Tenant Relations

Contract Administration

Compliance

Operations

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Tenant Relations Manager

Asset Manager

Leasing Manager

Property Administrator

Compliance Officer

Operations Manager

Real Estate Agent

Building Manager

Contract Administrator

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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