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Lease Early Termination Letter Template for Philippines

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Key Requirements PROMPT example:

Lease Early Termination Letter

"I need a Lease Early Termination Letter for my retail space in Makati City, Philippines, as my business is relocating to a different province, with the intended termination date of March 15, 2025."

Document background
The Lease Early Termination Letter is a crucial document in Philippine property law that provides formal notification of a party's intention to end a lease agreement prematurely. It is commonly used when circumstances such as relocation, financial hardship, or business changes necessitate early lease termination. The document must comply with the Civil Code of the Philippines and the Rent Control Act, which specify requirements for notice periods and valid grounds for early termination. This letter should be drafted carefully to include all essential elements: identification of parties and property, reference to the original lease agreement, clear statement of intent to terminate, proposed termination date, and reason for early termination. The document may also address practical matters such as security deposit return, final utility payments, and property inspection arrangements. It serves as a legal record of the termination request and helps protect both parties' interests during the lease termination process.
Suggested Sections

1. Date and Address Block: Current date and complete contact information for both landlord and tenant

2. Subject Line: Clear indication that this is a lease termination notice, including property address and lease reference number if applicable

3. Lease Reference: Details of the original lease agreement including date of execution and property address

4. Notice of Termination: Clear statement of intent to terminate the lease, including desired termination date

5. Reason for Termination: Brief explanation of the circumstances necessitating early termination

6. Handover Details: Proposed date and process for property inspection and key handover

7. Contact Information: Current contact details for future correspondence

8. Signature Block: Space for signature, printed name, and date

Optional Sections

1. Security Deposit Return Request: Include when requesting the return of security deposit, specifying amount and preferred method of return

2. Property Condition Statement: Include when there are specific conditions or damage to be documented

3. Forwarding Address: Include when moving to a new address and requiring future correspondence

4. Payment Settlement: Include when there are outstanding rent payments or utilities to be settled

5. Hardship Documentation: Include when termination is due to financial or personal hardship that may affect legal obligations

Suggested Schedules

1. Copy of Original Lease Agreement: Attached copy of the original lease agreement for reference

2. Property Inspection Report: Current condition report with photos if applicable

3. Proof of Hardship: Any supporting documents justifying early termination if applicable

4. Utility Bills Settlement: Proof of payment or current status of utility accounts

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 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

Residential Property

Commercial Property

Retail

Office Space

Industrial

Hospitality

Education

Healthcare

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Administration

Compliance

Risk Management

Property Management

Asset Management

Corporate Services

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Contract Administrator

Leasing Manager

Real Estate Agent

Property Administrator

Tenant Relations Manager

Office Manager

Operations Manager

Corporate Real Estate Manager

Compliance Officer

Risk 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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