New Jersey Sample Letter for Termination of Lease - Decision no Longer Rent Property

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• Control #: US-0213LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Official Termination of Lease — Decision to No Longer Rent Property [Your Name] [Your Address] [City, State ZIP Code] [Email Address] [Phone Number] [Date] [Landlord's Name] [Landlord's Address] [City, State ZIP Code] Dear [Landlord's Name], I hope this letter finds you well. I am writing to formally terminate my lease agreement for the property located at [Property Address], effective [Termination Date]. This decision has been made after careful consideration and is based on my current circumstances. I regret to inform you that I am no longer able to continue renting the aforementioned property due to the following reasons: 1. [State Reason 1]: [Provide a brief description of the first reason for terminating the lease. For instance, it could be related to changes in employment, a financial hardship, or an unexpected personal situation.] 2. [State Reason 2]: [Elaborate on the second reason for terminating the lease, which could involve a change in living arrangements, health concerns, or any other factual basis.] I have always strived to be a responsible tenant and have fulfilled all my obligations outlined in the lease agreement. Despite my desire to continue residing in the property, circumstances beyond my control have left me no choice but to terminate the lease. To ensure a smooth transition, I kindly request your assistance in the following matters: 1. Lease Termination Date: As per the terms of the lease agreement, I am providing [Termination Notice Period] days' notice, counting from the receipt of this letter, to terminate the lease effectively. Therefore, the termination date will be [Termination Date]. 2. Property Inspection: I am willing to schedule a mutually convenient time for a final walk-through inspection of the property to assess any damages (if applicable) and agree on any required deductions from my security deposit. 3. Security Deposit: I trust that you will handle my security deposit in accordance with New Jersey tenancy laws. Kindly provide me with written documentation of the deductions made (if any) within 30 days of the termination date, as required by New Jersey law. 4. Forwarding Address: To ensure the prompt return of any remaining balance of the security deposit and any other necessary correspondence, kindly find my forwarding address enclosed with this letter. [Include your new address] Lastly, I would like to express my appreciation for your understanding and cooperation in this matter. I understand that terminating the lease could cause inconvenience and additional efforts on your part, and I apologize for any inconvenience caused. I am open to discussing any further details or requirements that may facilitate a seamless transition. Please consider this letter as my official notice of lease termination, as required by the lease agreement and the laws of New Jersey. Thank you for your attention to this matter, and please don't hesitate to contact me via the provided contact details should you have any questions or require further information. Wishing you the best in finding a new tenant for the property. Sincerely, [Your Name] Enclosure: Forwarding Address

Subject: Official Termination of Lease — Decision to No Longer Rent Property [Your Name] [Your Address] [City, State ZIP Code] [Email Address] [Phone Number] [Date] [Landlord's Name] [Landlord's Address] [City, State ZIP Code] Dear [Landlord's Name], I hope this letter finds you well. I am writing to formally terminate my lease agreement for the property located at [Property Address], effective [Termination Date]. This decision has been made after careful consideration and is based on my current circumstances. I regret to inform you that I am no longer able to continue renting the aforementioned property due to the following reasons: 1. [State Reason 1]: [Provide a brief description of the first reason for terminating the lease. For instance, it could be related to changes in employment, a financial hardship, or an unexpected personal situation.] 2. [State Reason 2]: [Elaborate on the second reason for terminating the lease, which could involve a change in living arrangements, health concerns, or any other factual basis.] I have always strived to be a responsible tenant and have fulfilled all my obligations outlined in the lease agreement. Despite my desire to continue residing in the property, circumstances beyond my control have left me no choice but to terminate the lease. To ensure a smooth transition, I kindly request your assistance in the following matters: 1. Lease Termination Date: As per the terms of the lease agreement, I am providing [Termination Notice Period] days' notice, counting from the receipt of this letter, to terminate the lease effectively. Therefore, the termination date will be [Termination Date]. 2. Property Inspection: I am willing to schedule a mutually convenient time for a final walk-through inspection of the property to assess any damages (if applicable) and agree on any required deductions from my security deposit. 3. Security Deposit: I trust that you will handle my security deposit in accordance with New Jersey tenancy laws. Kindly provide me with written documentation of the deductions made (if any) within 30 days of the termination date, as required by New Jersey law. 4. Forwarding Address: To ensure the prompt return of any remaining balance of the security deposit and any other necessary correspondence, kindly find my forwarding address enclosed with this letter. [Include your new address] Lastly, I would like to express my appreciation for your understanding and cooperation in this matter. I understand that terminating the lease could cause inconvenience and additional efforts on your part, and I apologize for any inconvenience caused. I am open to discussing any further details or requirements that may facilitate a seamless transition. Please consider this letter as my official notice of lease termination, as required by the lease agreement and the laws of New Jersey. Thank you for your attention to this matter, and please don't hesitate to contact me via the provided contact details should you have any questions or require further information. Wishing you the best in finding a new tenant for the property. Sincerely, [Your Name] Enclosure: Forwarding Address