A termination notice is drafted to inform the required person about the end of a particular contract. Such type of notice is used mostly in the business field. Accordingly, a real estate termination notice is written by the buyer of the property to inform the agency or the dealer of the cancellation of the contract.
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What is a Real Estate Termination Notice?
You have to draft a lease termination notice when you see that the expiration date of the contract is coming closer or that the contract is about to expire. Such notices help to inform the dealer or the agency about the fact that the contract is about to be canceled. However, it can also be drafted by the agency itself if the terms of the agreement have been violated in any way.
Elements to Address in the Termination Notice
1: The basic information about the property and the people involved must be included. Such details include the name, address and the contact details of the property, and the names, addresses and the contact details of the tenants and the landlord.
2: The period of the contract must be mentioned in the notice. In other words, you need to include the start date of the contract and the end date. The end date is the date of the expiration of the contract. Keep in mind that this date must have a gap of at least three days.
3: The purpose of the notice must be specified in the notice. In other words, you need to explain in the notice why you are terminating the contract.
4: If an eviction notice is applicable, then you need to mention the same in the notice. You also need to mention if there are any steps that the other party can take to keep the termination from happening. For instance, if the termination is being done by the dealer or the agency, then the tenant may get out of it by paying the rent.
How to Write a Lease Termination Notice Letter?
Step 1: Provide a Proper Salutation or Greeting
A lease termination letter is like any other formal letter. This means that you need to provide a proper salutation or greeting as you start the letter. You can start with ‘Dear Mr./Mrs./Ms.’ followed by the full name of the recipient.
Step 2: Input the Basic Details
The basic details of the termination letter include the name, address, and the complete contact details of the tenant and the landlord. The other details include the date of drafting the letter, the subject of the letter, and a short introduction that explains what is the matter of the termination letter in as few words as possible.
Step 3: Input the Reason for Writing the Letter
The reason for writing the letter refers to the purpose of the letter. In other words, you need to mention that you are writing the letter as a termination notice. This purpose should be included in the introduction first but only as a short overview. After this, the reasons need to be explained in the second paragraph of the letter in detail.
Step 4: Input the Details of the Termination
The details of the termination of the contract include the request for termination first and foremost. This is to be followed by the reason why the contract is being terminated, a reference to the clause of the original agreement which explains that the termination is valid, and the date of termination along with the date of inspection of the property.
Step 5: Go Over the Important Points in the Conclusion
When you are ending the letter, you need to gloss over a few of the main points that you made. This is to be done to emphasize the required details and make sure that the recipient understands the gravity of them. If there are any terms and conditions that the person needs to fulfill before the end date, you need to mention them too.
10+ Real Estate Termination Notice Templates in PDF | Word
1. Real Estate Termination Notice Template
A real estate termination notice is drafted to inform the required person of the expiration of the real estate contract. If you want to write a notice such as this for your needs, then you need to download this notice template. This template will help you write the perfect termination notices with the correct format. You can download the template in PDF format.
2. Real Estate Termination Notice Example
Are you a rookie at making termination notices for real estate? Then we suggest that you take a look at this real estate termination notice example template before you can start work on yours. This template comes with an example of a tenancy termination notice that you can use as a reference guide to assist you in making yours. Just download the template to avail of the file.
3. Real Estate Notice of Buyers Termination
Making rental termination notice is very important especially in the field of real estate. However, in this busy day and time, no one has the time to sit down and write such notices from scratch. Which is why we are offering you this notice of termination template. This template will allow you to make these notices in the least time possible.
4. Real Estate Notices to Terminate Tenancy
A real estate contract outlines the clauses that need to be followed by both the parties inclusive of the contract. One of these clauses is the termination clause which if violated, will result in the termination of the contract. Has your tenant violated this clause? Then you need to write him or her a contract termination notice to end the tenancy. And to help you with that task, we are providing you this termination notice template.
5. Real Estate Termination Notice Form
Are you looking for a tool to help you make the property termination notice form for your real estate agency? Then you are in the right place; you have to search no more! With this Real Estate Termination Notice Form template, you can get access to a sample blank termination form that you can use to make a similar one for your needs. So download the template now!
6. Real Estate Notice of Termination of Contract
When any clause of the original contract is violated, it usually ends in the termination of the contract. If you are facing a similar situation like this, then this Real Estate Notice of Termination of a Contract template is just the thing for you. This template has been designed to help you make the apt termination notices that are suited to your needs.
7. Real Estate Contract Termination Notice
With this termination notice template, you can get your hands on a file containing a sample notice of termination of the contract to purchase. The template features original and suggestive headings and content that have been written by professional writers. To use this template, all you have to do is download the file on your PC and you are good to go.
8. Real Estate Notice to Terminate in PDF
A probation termination notice is drafted to tell the required person that the contract is about to be terminated. A real estate notice to terminate is written to inform the tenant that the property contract is going to be canceled. Do you want to make this notice for your tenant? Make use of this notice template to create the appropriate such notice for your needs.
9. Real Estate 30 60 Day Notice of Termination
A real estate 30 60 day notice of termination is drafted by the dealer or the agency, or the owner of the property to inform the tenant of the expiration of the contract. If you are having trouble making this contract, then you need to download the termination notice template. The template comes with a model termination of tenancy that can guide you. Click on the download button now to get the file!
10. Real Estate Notice of Buyers Termination of Contract
Imagine: you are in a situation where you have been tasked with the making of the real estate termination notice. However, you don’t know the method of making it. This is exactly the type of situation for which our termination of the contract template has been built. This template is the best tool to use to make this notice.
11. Real Estate Notice to Terminate in DOC
A real estate notice to terminate states the fact that the tenant has to vacate the property within the stipulated time as the contract is to be canceled. With our Real Estate Notice to Terminate in DOC format template, you can make this notice very easily as well as efficiently. This template is available to be download on all kinds of operating systems.