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Lease Termination Letter
"I need a Lease Termination Letter for my commercial warehouse in Riyadh, where I'm the tenant giving 60 days notice to terminate the lease effective March 15, 2025, with specific mention of returning the security deposit and settling utility bills."
1. Sender Details: Full name, address, and contact information of the party sending the termination notice
2. Date: Current date and place of writing the letter
3. Recipient Details: Full name, address, and contact information of the other party
4. Property Details: Complete address and description of the leased property
5. Lease Reference: Reference to the original lease agreement including its date and any registration numbers (e.g., EJAR registration number)
6. Termination Statement: Clear statement of intent to terminate the lease, citing the relevant clause from the original agreement
7. Termination Date: Specific date when the lease will terminate, ensuring compliance with notice period requirements
8. Reason for Termination: Statement explaining the reason for termination (if required or applicable)
9. Handover Arrangements: Details of property inspection and key handover process
10. Closing: Formal closing, signature block, and contact information for further communication
1. Security Deposit: Include when there is a security deposit to be returned, specifying the amount and process for return
2. Outstanding Payments: Include when there are any pending rent payments, utility bills, or other financial obligations to be settled
3. Maintenance Issues: Include when there are specific maintenance or repair issues that need to be addressed before termination
4. Early Termination Fee: Include when the termination is before the end of the agreed lease term and requires payment of an early termination fee
5. Forwarding Address: Include when the tenant needs to provide a forwarding address for future correspondence or deposit return
1. Property Condition Report: Checklist documenting the current condition of the property and any damage to be addressed
2. Utility Account Details: List of utility accounts and status of final readings/payments
3. Outstanding Payments Schedule: Detailed breakdown of any pending payments or settlements required
Authors
Real Estate
Residential Property
Commercial Property
Retail
Industrial
Hospitality
Office Space
Mixed-Use Development
Warehousing
Healthcare Facilities
Legal
Real Estate
Facilities Management
Property Administration
Operations
Asset Management
Tenant Relations
Compliance
Corporate Services
Administration
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Lease Administrator
Asset Manager
Operations Manager
Corporate Real Estate Manager
Tenant Relations Manager
Property Administrator
Real Estate Director
Compliance Officer
Housing Manager
Building Superintendent
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