The Lease Termination And Release Agreement is a crucial document used in Hong Kong when parties mutually agree to end a lease before its natural expiration date. It serves as a formal record of the termination terms and provides legal protection for both landlord and tenant by clearly documenting the agreed termination date, financial settlements, and release of future obligations. This document is particularly important in Hong Kong's dynamic property market, where early lease terminations are common due to business relocations, changing market conditions, or personal circumstances. The agreement must comply with Hong Kong's property laws and regulations, particularly the Landlord and Tenant (Consolidation) Ordinance, and typically includes provisions for security deposit return, utilities settlement, premises restoration, and final inspection procedures. It can be used for both residential and commercial properties, requiring careful consideration of specific requirements for each type of tenancy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the landlord and tenant, including full legal names and addresses
2. Background: Recitals describing the existing lease, its key terms, and the parties' intention to terminate
3. Definitions: Key terms used throughout the agreement, including 'Lease', 'Premises', 'Termination Date', and 'Outstanding Obligations'
4. Termination: Core provision stating the mutual agreement to terminate the lease and specifying the termination date
5. Release and Discharge: Mutual release of parties from future obligations under the lease, subject to any surviving obligations
6. Security Deposit: Provisions regarding the return or application of the security deposit
7. Handover of Premises: Requirements for the condition and timing of the premises handover
8. Outstanding Payments: Settlement of any outstanding rent, utilities, or other payments
9. Representations and Warranties: Basic warranties about authority to enter agreement and no prior assignments
10. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
11. Execution: Signature blocks and execution formalities
1. Surviving Obligations: List of obligations that continue after termination - include when there are specific obligations that should survive
2. Confidentiality: Obligations to keep the termination terms confidential - include for commercial leases or sensitive situations
3. Reinstatement Works: Specific requirements for property restoration - include when premises modifications were made during tenancy
4. Third Party Rights: Provisions regarding guarantors or other third parties - include when guarantors or other stakeholders are involved
5. Tax Implications: Provisions regarding stamp duty or other tax consequences - include for high-value commercial leases
6. Dispute Resolution: Detailed dispute resolution procedures - include for complex commercial arrangements
7. Return of Keys and Access Devices: Specific provisions about returning all means of access - include when multiple access methods exist
8. Insurance: Provisions regarding termination of insurance obligations - include for commercial properties
1. Schedule 1 - The Premises: Detailed description of the premises including address and property details
2. Schedule 2 - Original Lease: Details of the original lease agreement including date and key terms
3. Schedule 3 - Outstanding Payments: Itemized list of any outstanding payments or credits
4. Schedule 4 - Handover Inventory: Checklist for premises condition and included items
5. Schedule 5 - Reinstatement Requirements: Detailed specifications for any required restoration work
6. Appendix A - Handover Inspection Form: Form to be completed during final inspection
7. Appendix B - Settlement Calculation: Detailed calculation of final settlement amounts including security deposit
Find the exact document you need
Terminate House Contract
A Hong Kong-compliant agreement for terminating a residential tenancy, outlining termination terms and property handover procedures under local property law.
Download
Terminate Contract For Convenience
A Hong Kong law-compliant template for terminating contracts for convenience, ensuring proper notice and protecting both parties' interests.
Download
Lease Termination Notification
A formal notice under Hong Kong law for terminating a lease agreement, specifying termination details and complying with local statutory requirements.
Download
Termination Letter Thank You For Your Service
A Hong Kong-compliant termination letter that formally ends employment while expressing gratitude for service rendered.
Download
Notice To Terminate Construction Contract
A formal notice under Hong Kong law to terminate a construction contract, specifying termination grounds and required actions.
Download
Letter To Reconsider A Rejected Job Offer
A formal letter requesting reconsideration of a rejected job offer, drafted in compliance with Hong Kong employment law and business practices.
Download
Formal Authorization Letter
A Hong Kong law-governed document that formally delegates specific powers or authority from one party to another, meeting local legal requirements for authorization.
Download
Independent Contractor Liability Waiver Form
A Hong Kong-governed liability waiver document that establishes liability limitations and protections between a company and independent contractor.
Download
Term Sheet For Share Purchase Agreement
A preliminary document under Hong Kong law outlining key terms and conditions for a proposed share acquisition transaction.
Download
Letter To Terminate Property Management Agreement
A formal notice under Hong Kong law to terminate a property management agreement, including termination details and handover requirements.
Download
Cancel Service Contract Letter
A formal letter used in Hong Kong to terminate an existing service contract, complying with Hong Kong contract law requirements and providing clear termination terms.
Download
Termination Of Lease Letter
A Hong Kong law-compliant formal notice to terminate a lease agreement, specifying termination details and party obligations.
Download
Termination Letter Distribution Agreement
A Hong Kong law-governed formal notice that terminates an existing distribution agreement, specifying termination terms and post-termination obligations.
Download
Not Renewing Lease Letter
A formal notice under Hong Kong law informing either landlord or tenant of the intention not to renew an existing lease agreement upon its expiration.
Download
End Of Lease Letter To Tenant
A formal notice under Hong Kong law that communicates the termination of a lease agreement to a tenant, outlining move-out procedures and final obligations.
Download
Non Renewal Of Lease By Landlord
A Hong Kong-compliant notice from landlord to tenant indicating that an existing lease will not be renewed upon its expiration.
Download
Distribution Agreement For Food Products
A Hong Kong law-governed agreement establishing terms for food product distribution, including regulatory compliance and commercial arrangements.
Download
Agreement Termination Notice
A Hong Kong law-governed formal notice that officially terminates an existing contractual agreement, stating termination grounds and post-termination obligations.
Download
Termination Letter For Tardiness
A Hong Kong law-compliant termination letter addressing employee tardiness, including notice period and final settlement details.
Download
Termination Letter For Integrity Issues
A Hong Kong-compliant termination letter for ending employment due to integrity violations, incorporating local legal requirements and protecting employer interests.
Download
Termination Of Employment Contract By Employee
A Hong Kong law-compliant document for employees to formally terminate their employment contract, specifying notice period and termination conditions.
Download
Cleaning Contract Proposal
A Hong Kong law-governed proposal document outlining professional cleaning services terms, conditions, and scope.
Download
Lease Termination And Release Agreement
A Hong Kong law-governed agreement that formally terminates a lease between landlord and tenant, settling all obligations and providing mutual release.
Download
Employment Contract Renewal Request Letter
A formal letter requesting employment contract renewal under Hong Kong law, outlining current employment details and renewal terms.
Download
30 Day Service Cancellation Notice
A formal notice under Hong Kong law for terminating services with a 30-day notice period, including service details and termination specifics.
Download
30 Day Notice Letter To Terminate Contract
A Hong Kong law-compliant formal notice letter for terminating contracts with a 30-day notice period, including termination details and transition arrangements.
Download
Ending Rental Agreement Letter
A formal notice document under Hong Kong law used to terminate a rental agreement, specifying move-out details and final arrangements between tenant and landlord.
Download
Disclosure Of Settlement Agreement
A Hong Kong law-governed agreement that specifies the terms and conditions for disclosing information from a confidential settlement agreement to authorized parties.
Download
Service Termination Letter To Vendor
A formal notice under Hong Kong law to terminate services provided by a vendor, including termination details and post-termination arrangements.
Download
Letter To Decline Services
A formal Hong Kong-compliant business letter used to professionally decline service provision to a potential client while maintaining business relationships and legal compliance.
Download
Letter Of Cancellation Of House Purchase
A formal notice under Hong Kong law to cancel a property purchase agreement and arrange for the return of deposits.
Download
Contract Termination Agreement And Release
A Hong Kong law-governed agreement that terminates an existing contract and provides mutual releases between parties, settling all claims and obligations.
Download
60 Day Termination Of Lease Letter
A formal notice document used in Hong Kong for terminating a lease agreement with 60 days' notice, complying with local property laws.
Download
Early Termination Of Probation Letter
A Hong Kong-compliant letter for terminating employment during a probationary period, including notice requirements and final payment details.
Download
Cancellation Of Termination Letter
A Hong Kong-compliant legal document that formally cancels a previous employment termination notice and continues the employment relationship.
Download
Termination Of Engagement Letter
A Hong Kong law-governed document that formally terminates a professional engagement or service relationship, outlining termination terms and final arrangements.
Download
Lease Sale Agreement
A Hong Kong law-governed agreement combining property sale terms with immediate lease-back arrangements between the buyer (who becomes tenant) and seller (who becomes landlord).
Download
Fixed Term Contract Termination Letter
A Hong Kong-compliant letter formally terminating a fixed-term employment contract, specifying termination terms and final entitlements.
Download
Contract Expired Letter
A formal notification document under Hong Kong law confirming the natural expiration of a contract and outlining any post-contract requirements.
Download
Contract Employment Offer Letter
A Hong Kong-compliant employment offer letter that outlines key employment terms and conditions, forming a legally binding contract upon acceptance.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it