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Agreed Termination of Lease and Surrender of Premises

West Virginia Agreed Termination of Lease and Surrender of Premises

Name: West Virginia Agreed Termination of Lease and Surrender of Premises
Brand: US Legal Forms
Rating: 4.78 (219 reviews)

Category:

Landlord Tenant - Residential Leases - Termination

State:

Multi-State

Control #:

US-849LT

Format:

Instant download

Description

Agreement allowing for termination of lease and surrender of premises with or without conditions. West Virginia Agreed Termination of Lease and Surrender of Premises is a legally binding agreement between a landlord and tenant in the state of West Virginia. This document outlines the terms and conditions under which both parties agree to terminate a lease agreement before its original expiration date and surrender the premises. The Agreed Termination of Lease and Surrender of Premises typically includes essential details such as the names and contact information of both the landlord and tenant, the address of the property, the date the lease commenced, and the original lease term. It also specifies the agreed-upon termination date and the date by which the tenant must vacate and return possession of the property to the landlord. In addition to these fundamental elements, the agreement may incorporate various clauses and conditions to protect the rights and obligations of both parties. For instance, it may include provisions regarding the return of security deposits, any outstanding rent payments or fees, and the condition in which the premises should be left upon surrender. It might also address any necessary repairs or cleaning tasks the tenant is responsible for before vacating. Different types of West Virginia Agreed Termination of Lease and Surrender of Premises may exist based on various factors such as: 1. Mutual Termination: This type of agreement occurs when both the landlord and tenant mutually agree to terminate the lease before its original expiration date. This could be due to personal reasons or changes in circumstances for either party. 2. Early Termination by Tenant: In certain situations, the tenant may seek early termination of the lease due to unforeseen circumstances or relocation. This type of termination requires the agreement of both the landlord and the tenant. 3. Early Termination by Landlord: The landlord may initiate early termination of the lease if the tenant violates the terms of the lease agreement, such as non-payment of rent, property damage, or any other breach of the lease terms. 4. Lease Transfer: Sometimes, a tenant may wish to terminate the lease by transferring it to another individual. This type of termination involves finding a new tenant who agrees to assume the remaining lease period and its associated obligations, subject to the landlord's approval. It is important for both parties to carefully review the Agreed Termination of Lease and Surrender of Premises before signing to ensure all terms and conditions are understood and agreed upon. Seeking legal advice is also recommended ensuring compliance with West Virginia state laws during the termination process.

West Virginia Agreed Termination of Lease and Surrender of Premises is a legally binding agreement between a landlord and tenant in the state of West Virginia. This document outlines the terms and conditions under which both parties agree to terminate a lease agreement before its original expiration date and surrender the premises. The Agreed Termination of Lease and Surrender of Premises typically includes essential details such as the names and contact information of both the landlord and tenant, the address of the property, the date the lease commenced, and the original lease term. It also specifies the agreed-upon termination date and the date by which the tenant must vacate and return possession of the property to the landlord. In addition to these fundamental elements, the agreement may incorporate various clauses and conditions to protect the rights and obligations of both parties. For instance, it may include provisions regarding the return of security deposits, any outstanding rent payments or fees, and the condition in which the premises should be left upon surrender. It might also address any necessary repairs or cleaning tasks the tenant is responsible for before vacating. Different types of West Virginia Agreed Termination of Lease and Surrender of Premises may exist based on various factors such as: 1. Mutual Termination: This type of agreement occurs when both the landlord and tenant mutually agree to terminate the lease before its original expiration date. This could be due to personal reasons or changes in circumstances for either party. 2. Early Termination by Tenant: In certain situations, the tenant may seek early termination of the lease due to unforeseen circumstances or relocation. This type of termination requires the agreement of both the landlord and the tenant. 3. Early Termination by Landlord: The landlord may initiate early termination of the lease if the tenant violates the terms of the lease agreement, such as non-payment of rent, property damage, or any other breach of the lease terms. 4. Lease Transfer: Sometimes, a tenant may wish to terminate the lease by transferring it to another individual. This type of termination involves finding a new tenant who agrees to assume the remaining lease period and its associated obligations, subject to the landlord's approval. It is important for both parties to carefully review the Agreed Termination of Lease and Surrender of Premises before signing to ensure all terms and conditions are understood and agreed upon. Seeking legal advice is also recommended ensuring compliance with West Virginia state laws during the termination process.

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FAQ

Under West Virginia law, landlords are required to maintain rental housing in a fit and habitable condition from the time of move in until the time of move out. This means a landlord must make sure that rental housing measures up to all health, safety, fire, and housing code standards at all time.

Notice to Terminate Tenancy Month to Month Lease: For any lease under the term of one year, either party can terminate the lease by providing the other party written notice prior to the end of the lease. For a month to month lease, 30 days must be given.

Surrender clause refers to a lease clause whereby the lessee is given the privilege of surrendering his rights and terminating his liability upon the giving of a stipulated notice or the payment of a designated sum of money, or, in some cases, without either of these formalities.

There is no obligation on a landlord to accept a surrender of a commercial lease and landlords will often only do so if there is a benefit in getting possession of the property back early.

BREAKING YOUR RESIDENTIAL LEASEDeclare a Constructive Eviction.Point Out Landlord Breaches to Reduce Your Debt.Landlords Have a Duty to Mitigate Their Damages.Consequences for Breaking Your Lease.Look for These Clauses in Your Lease.Your Landlord May Have a Duty to Mitigate.Declare a Constructive Eviction.More items...?

In general, you can only end the tenancy early if your landlord agrees. Your landlord does not necessarily have to do so. You will remain responsible for paying the rent until the end of the tenancy contract or the next break clause point.

Surrender of the leaseThis can be done formally, by deed, but this is not always necessary. If the landlord and tenant agree that the lease will be surrendered and they act in a way that is inconsistent with the lease continuing, the lease will be surrendered 'by operation of law'.

Where the written lease expired and the parties simply continued with the lease on a month to month basis thereafter. If the lease is a month to month lease as contemplated in the Rental Housing Act, then it can only be terminated by either party by providing one full calendar month's written notice.

If you have a lease agreement normally you cannot terminate your tenancy unless your landlord is in breach of his/her obligations, there is a break clause in your lease or both you and your landlord agree at the time to end the tenancy.

Surrendering by operation of law takes place when a new lease is signed or when the tenant abandons the property and the landlord takes possession. In both cases, the landlord takes over the property after the tenant has moved out.

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If the landlord does not replace or rebuild the leased structure, then the tenant has the right at the end of a reasonable period of time to surrender ... The Sublessor agrees to sublet, and the Sublessee agrees to rent theLeased Premises: The location of the Leased Premises is Morgantown, WV.2 pages The Sublessor agrees to sublet, and the Sublessee agrees to rent theLeased Premises: The location of the Leased Premises is Morgantown, WV.Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning ... It is recognized that the minimum termination period for the State of West Virginia is thirty (30) days. III. OCCUPANT(S). The Premises is to be occupied ... (a) Terminate Tenant's right to possession of the Leased Premises by any lawful means, in which case this Lease shall terminate and Tenant shall immediately ... Eviction refers to a landlord barring a tenant from using the property, usually due to the tenant materially violating the lease and/or not paying the agreed- ... When a tenant has legally surrendered the tenancy, then the landlord has the right of possession of the property under Section 5 of the Housing Act 1988. Lease Termination Notice Requirements in Virginia · Notice to Terminate a Lease With No End Date. 120 days' notice prior to the end of the lease ... United States. Congress. Senate. Committee on Interstate Commerce · 1928 · ?Coal minersAnd the party of the second part doth further agree that if during his employmentpremises and at the termination of this lease to peaceably surrender ... Writing as an Addendum to this Lease, the Premises shall be used solely as awhich said Deposit was utilized, in accordance with West Virginia law, ...

West Virginia Agreed Termination of Lease and Surrender of Premises

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