The Release of Lease Agreement is a crucial document used in the Netherlands when parties wish to formally terminate a lease arrangement before its natural end date or to document the proper conclusion of a lease term. This document is essential in both residential and commercial contexts, providing a clear framework for lease termination under Dutch law. It typically includes provisions for final property inspection, utility settlements, security deposit return, and mutual release of obligations. The agreement ensures compliance with Dutch Civil Code requirements, particularly regarding notice periods and tenant protections. This Release of Lease Agreement is commonly used in situations where both parties agree to end the lease amicably and want to document their mutual understanding and obligations clearly.
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1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and any relevant registration numbers
2. Background: Brief description of the original lease agreement, its key terms, and the circumstances leading to the release
3. Definitions: Definitions of key terms used throughout the agreement, including 'Lease Agreement', 'Property', 'Release Date', etc.
4. Release Terms: Core terms of the release, including the effective date and mutual agreement to terminate the lease
5. Final Settlement: Details of any financial settlements, including rent payments, utility bills, and security deposit return
6. Property Condition: Statement regarding the condition of the property and any agreements about repairs or restoration
7. Key Return: Arrangements for returning keys and accessing devices
8. Mutual Release: Mutual release of claims and obligations related to the lease
9. Governing Law: Confirmation that the agreement is governed by Dutch law
10. Execution: Signature blocks and execution requirements
1. Remaining Occupants: Required when there are other occupants who need to confirm vacancy
2. Outstanding Repairs: Needed when there are specific repair obligations or disputes to be resolved
3. Forwarding Address: Include when arrangements for future correspondence need to be formalized
4. Third-Party Rights: Required when there are guarantors or other third parties involved in the original lease
5. Utilities Transfer: Include when specific arrangements for utility transfers need to be documented
6. Personal Property: Needed when addressing abandoned property or agreed arrangements for leaving certain items
7. Confidentiality: Include when parties wish to keep the terms of the release private
1. Schedule 1 - Property Inspection Report: Detailed report of the property's condition at the time of release
2. Schedule 2 - Settlement Calculation: Detailed breakdown of all financial settlements, including any deductions from deposit
3. Schedule 3 - Inventory List: List of any fixtures, fittings, or items included in the original lease and their current status
4. Appendix A - Original Lease Agreement: Copy of the original lease agreement being terminated
5. Appendix B - Photographic Evidence: Photos documenting the property's condition at release
6. Appendix C - Utility Readings: Final readings for all relevant utilities
Relevant legal definitions
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Real Estate
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Residential Housing
Commercial Property
Retail
Industrial
Hospitality
Office Space
Student Housing
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Relevant Teams
Legal
Property Management
Real Estate Operations
Facilities Management
Contract Administration
Tenant Relations
Asset Management
Compliance
Operations
Relevant Roles
Property Manager
Real Estate Manager
Facility Manager
Legal Counsel
Housing Officer
Lease Administrator
Property Administrator
Asset Manager
Real Estate Attorney
Tenant Relations Manager
Building Manager
Contract Manager
Real Estate Operations Director
Compliance Officer
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