A lease termination template can be used for entering into a transaction between a lessor and a lessee for termination of usage of a house or commercial property owned by the lessor from an effective date by the lessee. The template acts like a ready to use document which consists of all those details which make a lease termination formal and legal in nature. These documents are left with blank spaces at the right places so that the user can easily customise it with personal details. If you are looking for a sample of such a template or any other lease document, this is just the right stop for your needs and requirements. Given below is a sample of a lease termination template.
“You can Download the Free Lease Termination Template form, customize it according to your needs and Print. Lease Termination Template is either in MS Word, Excel or in PDF.”
Sample Lease Termination template:
Lease Termination template
Download Lease Termination template
Transaction number: ___________________ [Give a unique reference Id of the transaction]
Details of the lessor: [The lessor may own a flat, individual house or commercial holding]
Name: _____________ [First name followed by last name]
Address line1: _____________________
State: ___________ City: ______________ Contact number: ______________
Details of the lessee:
Name: _______________________
No. of members in the family: ____
Previous address: _________________________________________________
State: ___________ City: ______________ Contact number: ______________
Agreement details:
As per the lease agreement between the lessor and lessee, the house with address _________________________________________ belonging to _______________________ [mention the name of the owner of house or commercial space] is being used currently by the lessee ______________________________ [provide the name of the lessee] from the period starting _______________________ [provide the start date of using the home with the date format DD-MON-YYYY].
But as per latest discussion between the lessor and the lessee, the lessee has to vacate the house of the owner with effect from ___________________ [provide the date of termination of using the house by the lessee]. The reason for the termination is as below:
_____________________________________________________________
The lessee has to clear all dues of rent by _____________________ [provide the deadline of making all due payments].
Date of entering into transaction: _____________________
Signature of the Lessor: _______________
Signed by the Lessee: ________________ [both the parties are validating the agreement by signing]
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