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Termination Of Tenancy Agreement Template for New Zealand

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Key Requirements PROMPT example:

Termination Of Tenancy Agreement

"I need a Termination of Tenancy Agreement for my Auckland rental property where both my tenant and I have mutually agreed to end the tenancy on March 15, 2025, with specific provisions for handling the final property inspection and bond return."

Document background
The Termination of Tenancy Agreement is a crucial document used in New Zealand when either the landlord or tenant wishes to end a residential tenancy, or when both parties mutually agree to terminate. It must comply with the Residential Tenancies Act 1986 and its amendments, particularly the 2020 updates that modified termination rights and processes. This document is essential for properly documenting the end of a tenancy relationship, specifying key details such as the termination date, property handover requirements, bond settlement terms, and final obligations of all parties. It provides legal protection for both landlords and tenants by clearly outlining the termination process and ensuring all necessary steps are documented and agreed upon. The agreement is particularly important in New Zealand's property market where specific notice periods and termination procedures must be strictly followed to ensure legal compliance.
Suggested Sections

1. Parties: Identification of the landlord/property manager and tenant(s), including full legal names and contact details

2. Background: Brief overview of the existing tenancy agreement, including its start date, property address, and the basis for termination

3. Definitions: Definition of key terms used in the agreement, including 'Termination Date', 'Property', 'Tenancy Agreement', etc.

4. Termination Details: Specific details about the termination including the effective date and confirmation of notice period compliance

5. Vacant Possession: Terms regarding the tenant's obligation to deliver vacant possession of the property by the termination date

6. Final Inspection: Arrangements for the final property inspection and condition assessment

7. Bond Settlement: Terms for the return or disposition of the bond and any deductions

8. Outstanding Payments: Provisions regarding settlement of any outstanding rent or utilities

9. Keys and Access Devices: Requirements for returning all keys, access cards, and other property access devices

10. Execution: Signing section including date and signatures of all parties

Optional Sections

1. Mutual Release: Used in cases of mutual termination, containing provisions releasing both parties from future obligations

2. Early Termination Fee: Required when the termination occurs before the end of a fixed term

3. Breach Details: Included when termination is due to breach of tenancy agreement, specifying the nature of the breach

4. Remedial Actions: Used when there are specific actions required by either party to remedy issues before final termination

5. Forwarding Address: Optional section for tenant's forwarding address for future correspondence

6. Property Marketing: Included when there's agreement about showing the property to new tenants before vacancy

7. Abandonment of Property: Required when dealing with abandoned goods or property left behind by tenants

Suggested Schedules

1. Schedule 1: Property Condition Report: Detailed assessment of the property's condition at termination, including photographs

2. Schedule 2: Financial Settlement Statement: Breakdown of all financial matters including rent, utilities, bond deductions and refunds

3. Schedule 3: Inventory Checklist: List of any furnishings or items provided with the property and their condition

4. Appendix A: Photographic Evidence: Dated photographs of the property's condition at termination

5. Appendix B: Cleaning Checklist: Detailed checklist of required cleaning tasks for end of tenancy

6. Appendix C: Bond Refund Form: Official bond refund form as required by Tenancy Services

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

























Relevant Industries

Real Estate

Property Management

Residential Housing

Legal Services

Property Investment

Social Housing

Student Accommodation

Commercial Property

Relevant Teams

Legal

Property Management

Operations

Compliance

Tenant Relations

Administration

Facilities Management

Risk Management

Document Control

Housing Services

Relevant Roles

Property Manager

Real Estate Agent

Tenancy Compliance Officer

Legal Counsel

Housing Officer

Leasing Administrator

Property Administrator

Facilities Manager

Tenant Relations Manager

Compliance Manager

Real Estate Branch Manager

Housing Coordinator

Property Operations Manager

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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