Have you ever written a lease termination letter? When tenant wants to terminate the lease for some reasons, it’s very important and recommended to write a lease termination letter. It is used to notify the landlord in the due time. But there are actually some basic fundamental rules and guidelines that must be followed for the legal document. Here are some important tips when writing a residential lease termination letter.
Tips on How to Write a Lease Termination Letter
If tenants have yearlong lease, the standard practice is giving notice 60 days before you vacate the premises. If you do not give the adequate lead times, you may lose the rental deposit’s portion. The landlord must have much time to find the new tenant. In upper right corner of the lease termination letter, write date of termination letter. This is one legal document which might be useful in the legal proceedings. It’s to determine if you must receive full deposit.
Further Tips on Writing Lease Termination Letter
Another tip is to address that letter to the landlord and also the management company if it has. The next thing is about security deposit. You need to state briefly and clearly in the lease termination letter about the amount of money that you expect from the security deposit you have. You can also visit the manager for determining if there are some credits or maybe debits on the account that you have. And this needs to be done before leaving.
The last tip on how to write a lease termination letter is making sure the residential lease termination letter has included the accurate contact information such as phone number, email, as well as physical email address. It is because your deposit is going to be sent into this address. So, those are basic and fundamental tips on writing a lease termination letter.