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1. Parties: Identification of all parties involved - Landlord/Lessor and Tenant/Lessee, including full legal names and addresses
2. Background: Reference to the original lease agreement, including date of execution, property address, and term of lease
3. Definitions: Key terms used in the release form, including 'Lease Agreement', 'Property', 'Release Date', etc.
4. Release Terms: Explicit statement of mutual release of obligations and liabilities under the lease
5. Effective Date: Specification of when the release becomes effective
6. Property Condition: Statement regarding the condition of the property at the time of release
7. Security Deposit: Details of security deposit return or deductions
8. Signatures: Execution block for all parties to sign, including date and witness provisions
1. Outstanding Payments: Section detailing any remaining payments or adjustments to be made between parties
2. Keys and Access Devices: Section confirming return of all keys and access devices, used when there are multiple sets or special access equipment
3. Utilities and Services: Section addressing the transfer or termination of utility services, used when utilities are in tenant's name
4. Forwarding Address: Section for tenant's forwarding address, used when future correspondence may be needed
5. Damage Claims: Section addressing any existing damage claims or repairs, used when there are outstanding property condition issues
6. Personal Property: Section addressing abandonment or removal of personal property, used when items remain in the premises
1. Schedule A - Original Lease Agreement: Copy or key details of the original lease agreement being terminated
2. Schedule B - Property Inspection Report: Final inspection report documenting the condition of the property
3. Schedule C - Payment Settlement Statement: Detailed breakdown of any final payments, deductions, or refunds
4. Schedule D - Photographic Evidence: Photos documenting the property condition at release (if applicable)
5. Schedule E - Outstanding Issues Resolution: Documentation of how any outstanding issues have been resolved
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