Document background
The Early Tenancy Termination Letter is a crucial document in Hong Kong's property rental market, used when either a tenant or landlord needs to end a lease agreement before its scheduled expiration date. This document is typically triggered by specific circumstances such as relocation, financial hardship, or other significant changes in circumstances. It must be drafted in accordance with Hong Kong's property laws, particularly the Landlord and Tenant (Consolidation) Ordinance, and should reference any early termination provisions in the original lease agreement. The letter serves multiple purposes: it formally communicates the intention to terminate, proposes a termination date, outlines the handover process, and addresses matters such as security deposit return and final utility payments. Proper documentation is essential to protect both parties' interests and ensure a smooth termination process.
