Real Estate Early Lease Termination Letter
[Month, Day, Year]
[Tenant's Name]
[1235 Tenant's Address]
[Big City, Any State, 0000]
Dear [Tenant's Name],
RE: Early Lease Termination Notice
This correspondence serves as formal notification regarding your request for an early termination of the lease agreement for the property located at [Property Address], which you currently occupy under lease dated [Month, Day, Year].
After reviewing your request, we acknowledge your desire to terminate the lease agreement earlier than the originally agreed upon termination date of [Month, Day, Year]. As per the terms outlined in the lease agreement and in accordance with the laws governing lease agreements in the state of [California], we have evaluated your request and are willing to accommodate your request for early termination under the following conditions:
Early Termination Fee: In consideration of terminating the lease early, you agree to pay an early termination fee of [$0], which represents [0%] of the remaining lease term. This fee is due within [0] days of the date of this letter.
Rent Payment: You are responsible for paying rent up until the effective date of termination, which is [Month, Day, Year]. Rent for the period up to the termination date is due as per the terms of the lease agreement.
Property Condition: Upon vacating the premises, you are responsible for returning the property in a clean, undamaged, and rent-ready condition, as outlined in the move-out checklist provided to you. Any damages beyond normal wear and tear will be deducted from your security deposit.
Security Deposit: We will conduct a final inspection of the property within [Number] days of your move-out date. After deducting any outstanding charges, we will refund the remaining balance of your security deposit, if applicable, within [0] days in accordance with state law.
Please review the terms outlined above and indicate your acceptance by signing and returning a copy of this letter to our office within [0] days. Upon receipt of your signed acceptance, we will proceed with the necessary paperwork to formalize the early termination of the lease agreement.
If you have any questions or require further clarification regarding this matter, please do not hesitate to contact our office at [Your Company Number] or via email at [Your Company Email].
Thank you for your cooperation in this matter.
Sincerely,
[Your Name]
[Your Company Name]
I, [Tenant's Name], acknowledge that I have read and understood the terms outlined in this Early Lease Termination Notice and agree to abide by the conditions stated herein.
[Tenant's Name]
[Month, Day, Year]
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