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Here is an example of an early termination clause: Early Termination Clause: The Tenant may terminate this Lease Agreement before the expiration date by giving the Landlord a written notice of at least 60 days and paying a termination fee equivalent to two months' rent.
For instance, a commercial lease buyout clause example might say something such as, ?Lessee will have the right after the first (1st) lease year to buyout the Lease upon Ninety (90) days written notice and payment of One-Hundred Thousand Dollars ($100,000.00) to Lessor.
A landlord cannot evict a tenant without first going to court and getting a court-ordered eviction. The legal term for an eviction is ?restitution of premises?.
If you have questions about the meaning and application of the law, or questions on how to file a complaint, please contact the Fair Housing staff at 402.934,6675 or toll-free at 800.669. 3247 (800-NOW-FAIR). Nebraska Relay, contact 800.833.
1) terminate the lease upon 5 days' written notice to the landlord. If you do so, the landlord must return all prepaid rent and security deposits or. 2) demand performance of the rental agreement by the landlord, and bring legal action against the person wrongfully possessing the property or.
Termination of lease letter The date of the letter. The name and address of the tenant. A request that the tenant vacate by a specific date. The reason for termination. A reference to the lease clause that permits you to end the lease. The date you want to do a walk-through inspection.
How to write a lease termination letter. Your name and contact information, including phone number. Name of tenants and their contact information. Today's date. Reason for lease termination. Lease start date and end date. Move-out process instructions. Copy of the move-out checklist.