The New Hampshire Notice of Termination of Commercial Lease is a legal document used to formally terminate a commercial lease agreement in the state of New Hampshire. This Notice serves as a written notification from either the landlord or the tenant, informing the other party of their intention to terminate the lease. There are various types of New Hampshire Notice of Termination of Commercial Lease, depending on the specific circumstances and reasons for termination. Some of these include: 1. Standard Termination Notice: This generally occurs when the lease term is nearing completion and the landlord or tenant does not wish to renew the lease agreement. This type of termination requires the party giving notice to provide a specific timeframe, typically 30, 60, or 90 days, for the other party to vacate the premises. 2. Breach of Lease Termination Notice: This is used when one party believes that the other has violated the terms and conditions of the lease agreement. The party giving notice must clearly outline the alleged breaches and provide a reasonable period for the other party to rectify the violations. If the breaches aren't resolved within the given timeframe, the lease will be terminated. 3. Failure to Pay Rent Termination Notice: If the tenant fails to pay rent as agreed upon in the lease, the landlord can issue this type of termination notice. The notice must specify the amount owed and provide a specific deadline for payment. Failure to pay within the given timeframe will result in lease termination. 4. Unlawful Activity Termination Notice: If the tenant engages in illegal activities on the leased premises, such as drug trafficking or property damage, the landlord has the right to terminate the lease. This notice must clearly state the unlawful activities, provide evidence if available, and set a reasonable deadline for the tenant to vacate the property. It is crucial to draft the New Hampshire Notice of Termination of Commercial Lease correctly, ensuring compliance with state laws and the terms outlined in the original lease agreement. Seeking legal advice or utilizing professionally prepared templates can be helpful to ensure accuracy and adherence to the legal requirements.