Document background
The Surrender Of Tenancy Letter is a crucial document in New Zealand's residential tenancy framework when a tenant needs to terminate their lease before the end of the fixed term. This document is used when both parties (landlord and tenant) are willing to end the tenancy early by mutual agreement, as distinct from a standard notice of termination. The letter must comply with New Zealand's Residential Tenancies Act 1986 and should clearly state the intention to surrender, proposed dates, and any conditions. It's particularly important in situations where tenants need to end their lease early due to unforeseen circumstances, and when landlords are willing to accept such surrender without imposing break lease penalties. The document helps protect both parties' interests by formally documenting the agreed early termination.
