Rental Lease Termination Agreement

Rental Lease Termination Agreement Template for England and Wales

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Key Requirements PROMPT example:

"I need a Rental Lease Termination Agreement for a residential property in London, where both tenant and landlord have mutually agreed to end the tenancy early on March 15, 2025, with specific provisions for deposit return within 14 days."

Document background

A Rental Lease Termination Agreement is used when both parties agree to end a tenancy, whether at the natural end of the term or earlier by mutual consent. This document, governed by English and Welsh law, provides legal protection for both landlord and tenant by clearly documenting the agreed terms of lease termination, including the final date of tenancy, property inspection arrangements, deposit return procedures, and settlement of any outstanding matters. It helps prevent future disputes and ensures compliance with relevant housing legislation, particularly the Housing Act 1988 and Landlord and Tenant Act 1985.

Suggested Sections

1. Parties: Identification of landlord and tenant with full details

2. Background: Brief context of existing tenancy and reason for termination

3. Definitions: Key terms used throughout the agreement

4. Termination Date: Specific date when tenancy will end

5. Property Surrender: Terms of returning possession to landlord

6. Deposit Return: Process and timeline for deposit return

7. Final Payments: Settlement of outstanding rent and utilities

8. Execution: Signature blocks and execution details

Optional Sections

1. Early Release Provisions: Used when termination occurs before fixed term end - applicable for fixed-term tenancies ending early

2. Break Fee: Details of any agreed early termination fee - applicable when early termination fees apply

3. Repairs and Damages: Specific agreements about property repairs - applicable when property damage needs addressing

4. References: Agreement regarding future references - applicable when specifically requested by tenant

Suggested Schedules

1. Schedule 1: Property Inventory: Final inventory and condition report

2. Schedule 2: Outstanding Payments: Detailed breakdown of any remaining financial obligations

3. Schedule 3: Photographic Evidence: Property condition photographs if relevant

4. Appendix A: Original Tenancy Agreement: Copy of original lease being terminated

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Authors

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