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Tenancy Contract Cancellation

Tenancy Contract Cancellation Template for United Arab Emirates

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Key Requirements PROMPT example:

Tenancy Contract Cancellation

"I need a Tenancy Contract Cancellation agreement for my Dubai commercial property lease, which needs to be terminated early on March 1, 2025, due to business relocation, and should include provisions for security deposit return and utility account transfers."

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Document background
The Tenancy Contract Cancellation is a crucial document used in the United Arab Emirates when parties mutually agree to terminate a lease agreement before its natural expiration or at the end of the term. This document is essential for ensuring a smooth and legally compliant termination process, protecting both landlord and tenant interests. It must comply with UAE Federal Laws, specific emirate-level regulations (such as Dubai's Law No. 33 of 2008), and RERA guidelines. The agreement typically includes details of the original tenancy, termination date, security deposit arrangements, utility settlements, and property handover procedures. It's particularly important in the UAE market where rental relationships are strictly regulated and formal documentation is required for various related processes, such as cancelling Ejari registration or transferring utility accounts.
Suggested Sections

1. Parties: Details of the Landlord and Tenant, including full legal names, Emirates ID numbers, and contact information

2. Background: Reference to the original tenancy contract including its date, property details, and term

3. Definitions: Key terms used in the cancellation agreement including 'Termination Date', 'Security Deposit', 'Outstanding Payments'

4. Termination Agreement: Clear statement of mutual agreement to terminate the tenancy contract and the effective termination date

5. Security Deposit Settlement: Terms for the return of the security deposit, including any deductions and timeline

6. Final Payments: Settlement of all outstanding rent, utility bills, maintenance charges, and other financial obligations

7. Property Handover: Conditions for returning the property, including inspection requirements and key handover process

8. Release of Obligations: Mutual release from future obligations under the original tenancy contract

9. Governing Law: Confirmation that the agreement is governed by UAE laws

10. Execution: Signature blocks for all parties and date of signing

Optional Sections

1. Early Termination Penalty: Required if the cancellation occurs before the natural end of the lease term and includes penalty calculations

2. Maintenance Issues: Needed if there are ongoing maintenance issues that need to be addressed before termination

3. Damage Resolution: Required if there is property damage that needs to be addressed and compensated

4. Third Party Obligations: Needed if there are obligations to third parties (e.g., utility companies) that need to be settled

5. RERA Registration: Required for properties where the original contract was registered with RERA and needs formal deregistration

Suggested Schedules

1. Schedule 1 - Property Inspection Report: Detailed report of the property's condition at the time of cancellation

2. Schedule 2 - Financial Settlement Statement: Detailed breakdown of all financial settlements including rent, deposits, and deductions

3. Schedule 3 - Utility Account Details: List of utility accounts that need to be closed or transferred

4. Appendix A - Photographic Evidence: Photos documenting the property's condition at handover

5. Appendix B - Original Tenancy Contract: Copy of the original tenancy contract being cancelled

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

Legal Services

Residential Property

Commercial Property

Retail

Hospitality

Industrial

Office Space

Relevant Teams

Legal

Real Estate Operations

Property Management

Lease Administration

Facilities Management

Compliance

Asset Management

Contract Administration

Housing Administration

Customer Relations

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Lease Administrator

Facility Manager

Property Administrator

Real Estate Operations Manager

Tenancy Coordinator

Legal Administrator

Asset Manager

Property Owner

Building Manager

Compliance Officer

Real Estate Portfolio Manager

Housing Officer

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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