Puerto Rico 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. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Landlord's Name] [Landlord's Address] [City, State, ZIP] Subject: Termination of Lease Agreement — Decision no Longer Rent Property Dear [Landlord's Name], I hope this letter finds you in good health and high spirits. I am writing to formally notify you of my decision to terminate the lease agreement for the property located at [Property Address]. I regretfully inform you that I will no longer be able to rent the property as agreed upon. After much careful consideration and evaluation of my personal circumstances, it has become clear to me that it is in my best interest to terminate the lease agreement. Due to unforeseen financial constraints, I unfortunately find myself unable to sustain the cost of renting the property any longer. This decision has not been easy, but is necessary to ensure the stability of my current financial situation. I would like to express my sincerest gratitude for the opportunity you provided me to lease the property during the duration of the agreement. The experience has been pleasant, and I have cherished my time spent in the property. I have taken great care of the property, making sure to keep it clean and well-maintained throughout my tenancy. With this letter, I intend to comply with the notice period stated in our lease agreement, which specifies a [number of days/weeks] termination notice. As per the agreement, I hereby provide you with a [number of days/weeks] notice starting from the date of this letter. This notice will effectively terminate our lease agreement on [Termination Date], which will mark my last day as a tenant. In line with the lease agreement, I kindly request a comprehensive inspection of the property prior to my departure to settle any potential claims or discrepancies. Please inform me of a suitable time and date for this inspection. I assure you that I will return the property in the same condition as when I first took possession, less any normal wear and tear. As for my security deposit, I kindly request that you process its refund in accordance with the applicable laws governing lease agreements in Puerto Rico. I understand that any deductions, if any, will abide by the terms and conditions outlined in the lease agreement. Please provide me with a detailed breakdown of any deductions made from the security deposit, along with the remaining balance, within the legally required timeframe. I would appreciate it if you could confirm, in writing, the receipt of this termination notice and provide any further instructions or guidelines necessary for a smooth transition out of the property. Thank you for your understanding in this matter. I genuinely regret any inconvenience or disruption this may cause and assure you that my decision to terminate the lease agreement was not made lightly. I value our professional relationship and your cooperation is greatly appreciated. Should you have any questions or require additional information, please do not hesitate to contact me at the phone number or email address provided above. I wish you all the best in finding a new tenant for the property. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Landlord's Name] [Landlord's Address] [City, State, ZIP] Subject: Termination of Lease Agreement — Decision no Longer Rent Property Dear [Landlord's Name], I hope this letter finds you in good health and high spirits. I am writing to formally notify you of my decision to terminate the lease agreement for the property located at [Property Address]. I regretfully inform you that I will no longer be able to rent the property as agreed upon. After much careful consideration and evaluation of my personal circumstances, it has become clear to me that it is in my best interest to terminate the lease agreement. Due to unforeseen financial constraints, I unfortunately find myself unable to sustain the cost of renting the property any longer. This decision has not been easy, but is necessary to ensure the stability of my current financial situation. I would like to express my sincerest gratitude for the opportunity you provided me to lease the property during the duration of the agreement. The experience has been pleasant, and I have cherished my time spent in the property. I have taken great care of the property, making sure to keep it clean and well-maintained throughout my tenancy. With this letter, I intend to comply with the notice period stated in our lease agreement, which specifies a [number of days/weeks] termination notice. As per the agreement, I hereby provide you with a [number of days/weeks] notice starting from the date of this letter. This notice will effectively terminate our lease agreement on [Termination Date], which will mark my last day as a tenant. In line with the lease agreement, I kindly request a comprehensive inspection of the property prior to my departure to settle any potential claims or discrepancies. Please inform me of a suitable time and date for this inspection. I assure you that I will return the property in the same condition as when I first took possession, less any normal wear and tear. As for my security deposit, I kindly request that you process its refund in accordance with the applicable laws governing lease agreements in Puerto Rico. I understand that any deductions, if any, will abide by the terms and conditions outlined in the lease agreement. Please provide me with a detailed breakdown of any deductions made from the security deposit, along with the remaining balance, within the legally required timeframe. I would appreciate it if you could confirm, in writing, the receipt of this termination notice and provide any further instructions or guidelines necessary for a smooth transition out of the property. Thank you for your understanding in this matter. I genuinely regret any inconvenience or disruption this may cause and assure you that my decision to terminate the lease agreement was not made lightly. I value our professional relationship and your cooperation is greatly appreciated. Should you have any questions or require additional information, please do not hesitate to contact me at the phone number or email address provided above. I wish you all the best in finding a new tenant for the property. Sincerely, [Your Name]