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Lease Release Form

Lease Release Form Template for Ireland

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Key Requirements PROMPT example:

Lease Release Form

"I need a Lease Release Form for a commercial property in Dublin, where both tenant and landlord have agreed to terminate the lease early on March 1, 2025, with the tenant requiring written confirmation that their €25,000 security deposit will be returned in full."

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Document background
The Lease Release Form is a crucial legal document used in Irish property law when parties wish to formally terminate a lease agreement before its scheduled end date. This document is essential for both residential and commercial properties, providing a clear legal framework for ending lease obligations while protecting the interests of all parties involved. The form typically includes detailed information about the original lease, property details, settlement of financial obligations, and specific terms of release. It ensures compliance with Irish legislation, including the Landlord and Tenant (Amendment) Act 1980 and the Land and Conveyancing Law Reform Act 2009. The document is particularly important in situations where an early termination is mutually agreed upon, helping prevent future disputes and providing clear documentation of the agreement terms.
Suggested Sections

1. Parties: Full legal names and addresses of the Landlord and Tenant(s)

2. Background: Details of the original lease agreement including date, property address, and term

3. Definitions: Key terms used in the release document including 'Lease', 'Property', 'Release Date'

4. Release Statement: Clear statement of mutual agreement to release and discharge from lease obligations

5. Effective Date: Specification of when the release takes effect

6. Return of Deposit: Acknowledgment of deposit return or agreement on handling of deposit

7. Release of Claims: Mutual release of claims related to the lease

8. Execution: Signature blocks for all parties and witnesses as required under Irish law

Optional Sections

1. Outstanding Payments: Section detailing any remaining rent, utilities, or other payments to be settled

2. Property Condition: Used when specific agreements about property condition or repairs need to be documented

3. Survival Clauses: Used when certain obligations need to survive the release

4. Keys and Access Devices: Section confirming return of all keys and access devices when relevant

5. Future Reference: Optional section about landlord's agreement to provide references

6. Confidentiality: Used when parties wish to keep the terms of the release confidential

Suggested Schedules

1. Schedule 1 - Original Lease: Copy or key details of the original lease being released

2. Schedule 2 - Property Inspection Report: Final property condition report if relevant

3. Schedule 3 - Payment Settlement: Detailed breakdown of any financial settlements including deposit calculations

4. Appendix A - Photographic Evidence: Photos of property condition if relevant

5. Appendix B - Utility Readings: Final utility readings and account settlements if applicable

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

Office Space

Industrial

Agriculture

Relevant Teams

Legal

Real Estate

Property Management

Facilities

Operations

Compliance

Administration

Asset Management

Risk Management

Tenant Relations

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Tenancy Relations Officer

Facilities Manager

Estate Administrator

Leasing Manager

Property Administrator

Real Estate Lawyer

Housing Officer

Asset Manager

Compliance 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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