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Mutual Agreement To End Tenancy Form
"I need a Mutual Agreement To End Tenancy Form for a residential property in Cape Town, as I'm selling the property and have agreed with my tenant to end their lease on March 15, 2025, instead of the original end date of August 2025."
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1. Parties: Identification of the Landlord/Lessor and Tenant/Lessee with full legal names, ID numbers, and contact details
2. Background: Brief reference to the existing lease agreement including its start date and property address
3. Definitions: Key terms used in the agreement including 'the Property', 'Termination Date', 'Original Lease Agreement'
4. Mutual Agreement to Terminate: Clear statement of both parties' agreement to end the lease early and the specific termination date
5. Final Inspection: Arrangements for the final property inspection including date and time
6. Handover Requirements: List of tenant obligations for returning the property (cleaning, repairs, key return)
7. Settlement of Accounts: Details of final rent payment, utilities settlement, and basic deposit return process
8. Release of Obligations: Mutual release from future obligations under the original lease, subject to completion of agreed terms
9. Signatures: Space for both parties to sign, date, and have witnesses countersign the agreement
1. Outstanding Repairs: Used when specific repairs need to be completed by either party before termination
2. Deposit Deductions: Include when there are agreed deductions from the deposit for damages or unpaid amounts
3. Forwarding Address: Required when the tenant needs to provide a future address for deposit return or correspondence
4. Early Termination Fee: Include if parties agree to any compensation for early termination
5. Utilities Transfer: Used when specific arrangements are needed for transferring or closing utility accounts
1. Schedule A - Property Condition Report: Current condition of the property to be used during final inspection
2. Schedule B - Inventory List: List of any fixtures or furnishings included in the original lease that need to be accounted for
3. Schedule C - Outstanding Payments Schedule: Detailed breakdown of any remaining financial obligations including rent, utilities, or other charges
4. Appendix 1 - Copy of Original Lease: Reference copy of the original lease agreement being terminated
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