Document background
The Early Termination of Tenancy Agreement is a crucial document used across Canadian jurisdictions when either the landlord or tenant needs to end a lease agreement before its scheduled completion date. This document becomes necessary in various situations, such as tenant relocation for employment, landlord's decision to sell the property, or mutual agreement to end the tenancy early. It contains essential provisions that comply with provincial/territorial residential tenancy laws, including notice periods, financial settlements, property inspection requirements, and the process for security deposit return. The agreement helps prevent potential disputes by clearly documenting the terms of the early termination and protecting both parties' interests through detailed specifications of rights and obligations during the termination process.
