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Form To Terminate Lease Agreement Template for England and Wales

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Key Requirements PROMPT example:

Form To Terminate Lease Agreement

I need a Form To Terminate Lease Agreement for my commercial office space in Manchester, which needs to end on March 1st, 2025, three months earlier than the original end date, and should include specific provisions for the removal of installed IT infrastructure.

Document background
The Form To Terminate Lease Agreement is essential when parties wish to end their lease arrangement early by mutual consent. This document, governed by English and Welsh law, provides a clear framework for terminating the existing lease relationship while protecting the interests of all parties involved. It typically includes provisions for the termination date, property handover procedures, settlement of accounts, and mutual release from future obligations. The form is particularly important for ensuring compliance with relevant property legislation and creating a clear record of the agreed termination terms.
Suggested Sections

1. Parties: Details of the landlord and tenant

2. Background: Reference to original lease and reason for termination

3. Definitions: Key terms used in the agreement

4. Termination Date: Specific date when the lease will terminate

5. Mutual Release: Release of parties from future obligations

6. Return of Deposit: Arrangements for security deposit return

7. Execution: Signature blocks and execution details

Optional Sections

1. Property Inspection: Arrangements for final inspection and documentation of property condition

2. Outstanding Payments: Settlement of any remaining rent, utilities, or other charges

3. Keys Return: Specific arrangements for returning keys and access devices

4. Dilapidations: Agreement on repairs or restoration required before lease termination

Suggested Schedules

1. Schedule 1 - Property Details: Description and address of the leased property

2. Schedule 2 - Original Lease: Copy of the original lease agreement for reference

3. Schedule 3 - Inventory: List of fixtures, fittings and contents if relevant

4. Schedule 4 - Condition Report: Documentation of the current condition of the property

Authors

Alex Denne

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

Relevant legal definitions






























Clauses






























Industries

Landlord and Tenant Act 1954: Primary legislation governing the relationship between landlords and tenants, particularly for commercial leases. Provides statutory framework for security of tenure for business tenants.

Housing Act 1988: Key legislation for residential tenancies, introducing assured and assured shorthold tenancies, defining grounds for possession and tenant rights.

Law of Property Act 1925: Fundamental property law legislation that governs legal estates, interests in land, and basic principles of property transfer.

Landlord and Tenant Act 1927: Deals with improvements to property, compensation, and various aspects of landlord-tenant relationships.

Landlord and Tenant (Covenants) Act 1995: Governs the transmission of rights and liabilities under lease covenants, particularly relevant for lease assignments.

Housing Act 1996: Updates and amends previous housing legislation, particularly regarding assured shorthold tenancies and housing rights.

Deregulation Act 2015: Introduces requirements for deposit protection, revenge eviction provisions, and prescribed information requirements.

Tenant Fees Act 2019: Regulates what payments landlords and letting agents can require from tenants, including restrictions on deposits and prohibited fees.

Common Law Principles: Non-statutory legal principles developed through case law regarding contract termination, notices, and lease surrender.

Notice Period Requirements: Statutory and contractual requirements for the minimum notice periods required for valid lease termination.

Security Deposit Regulations: Rules governing the protection, handling, and return of security deposits, including dispute resolution procedures.

Protection from Eviction Legislation: Laws protecting tenants from illegal eviction and harassment, requiring proper legal procedures for termination.

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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