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How to fill out lease termination addendum
How to fill out a lease termination addendum:
01
Begin by downloading or obtaining a copy of the lease termination addendum form. This form can often be found on the website of your state's landlord-tenant association or through a quick search online.
02
Read through the lease termination addendum form carefully to understand its contents and make sure it aligns with your needs. Pay attention to any specific instructions or requirements.
03
Fill in your name as the tenant and the landlord's name in the appropriate fields. Include the date of the lease termination addendum.
04
Provide the address of the rental property that is subject to the lease termination.
05
Indicate the termination date you are requesting. This is the date you want the lease agreement to end.
06
Clearly state the reason for terminating the lease. It could be due to the expiration of the lease term, the desire to move out early and pay any applicable penalties, or other valid reasons.
07
Attach any supporting documents or evidence, if necessary. For example, if you are terminating the lease early due to a job relocation, you may need to include a copy of your job offer letter or transfer notice.
08
Carefully review the entire lease termination addendum form and make sure all the information provided is accurate and complete.
09
Sign and date the form, and ensure the landlord also signs and dates it. If possible, make a copy of the signed lease termination addendum for your own records.
10
Keep a record of when and how you delivered the lease termination addendum to the landlord. This can be done by sending it via certified mail or delivering it in person with a witness present.
Who needs a lease termination addendum?
01
Tenants who want to end their lease agreement before its scheduled expiration date.
02
Landlords who agree to terminate the lease by mutual agreement with the tenant.
03
Individuals moving out due to job relocation, family reasons, or other circumstances that make it necessary to terminate the lease early.
04
People who have found a new rental property or have purchased a home and need to end their current lease.
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What is lease termination addendum?
A lease termination addendum is a legal document that is added to a lease agreement to formally end the lease.
Who is required to file lease termination addendum?
Both the landlord and the tenant are required to file a lease termination addendum to officially end the lease agreement.
How to fill out lease termination addendum?
To fill out a lease termination addendum, you must include the names of the landlord and tenant, the address of the property, the date of termination, and any other relevant details.
What is the purpose of lease termination addendum?
The purpose of a lease termination addendum is to provide a formal agreement between the landlord and tenant to end the lease.
What information must be reported on lease termination addendum?
The lease termination addendum must include the names of the landlord and tenant, the property address, the date of termination, and any additional terms or conditions agreed upon.
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