This Agreed Written Termination of Lease by Landlord and Tenant form facilitates an agreed end to a lease between a landlord and tenant, and the surrender of the premises to the Landlord. Special conditions may be added to the text of the form. Following the performance of these conditions (if any), the lease terminates and both parties are released from further liability. For additional information, see the Law Summary below.
Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant is a legal document that outlines the terms and conditions under which both the landlord and the tenant agree to terminate a lease agreement in Gresham, Oregon. This agreement is typically used when both parties mutually agree to end the lease before the originally agreed-upon termination date. The Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant document includes various crucial elements to ensure a smooth and lawful termination process. These elements may include: 1. Parties involved: This section states the full names and addresses of both the landlord and tenant. 2. Property details: The document specifies the address of the leased property in Gresham, Oregon, along with any additional identifying information. 3. Lease information: The existing lease details, such as the start date, end date, and duration of the lease agreement, are clearly mentioned. 4. Termination date: The agreed-upon termination date is explicitly stated in the agreement. Both parties should carefully select a date convenient for both parties, ensuring all obligations are met. 5. Mutual release: This section outlines the mutual release of any claims or liabilities related to the lease agreement. Both the landlord and tenant acknowledge that they have fulfilled all obligations and waive any future claims against each other. 6. Deposit settlement: If there is a security deposit involved, this section specifies how it will be handled. It may include details on the return of the deposit or any deductions for damages or unpaid rent. 7. Notice requirements: The document may also outline any notice requirements for the termination to be considered valid. This ensures that both parties have sufficient time to prepare and make alternative arrangements. Different types or variations of Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant may include specific clauses or addendums to address unique situations. For example: a) Early termination due to job relocation: This type of agreement may include specific terms for terminating the lease early due to the tenant's job relocation, with considerations for notice periods and fees (if any). b) Mutual termination without penalties: In some cases, both the landlord and tenant may agree to terminate the lease early without incurring any penalties, such as early termination fees or loss of deposit. c) Termination due to habitability issues: If the leased property becomes uninhabitable due to significant maintenance or safety issues, a specific termination agreement may be necessary, outlining the responsibilities for repairs or relocation. In conclusion, the Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant is a legally binding document that allows both parties to terminate a lease agreement in a mutually agreed-upon manner. It ensures a clear and transparent process, protecting the rights and interests of both the landlord and tenant.Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant is a legal document that outlines the terms and conditions under which both the landlord and the tenant agree to terminate a lease agreement in Gresham, Oregon. This agreement is typically used when both parties mutually agree to end the lease before the originally agreed-upon termination date. The Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant document includes various crucial elements to ensure a smooth and lawful termination process. These elements may include: 1. Parties involved: This section states the full names and addresses of both the landlord and tenant. 2. Property details: The document specifies the address of the leased property in Gresham, Oregon, along with any additional identifying information. 3. Lease information: The existing lease details, such as the start date, end date, and duration of the lease agreement, are clearly mentioned. 4. Termination date: The agreed-upon termination date is explicitly stated in the agreement. Both parties should carefully select a date convenient for both parties, ensuring all obligations are met. 5. Mutual release: This section outlines the mutual release of any claims or liabilities related to the lease agreement. Both the landlord and tenant acknowledge that they have fulfilled all obligations and waive any future claims against each other. 6. Deposit settlement: If there is a security deposit involved, this section specifies how it will be handled. It may include details on the return of the deposit or any deductions for damages or unpaid rent. 7. Notice requirements: The document may also outline any notice requirements for the termination to be considered valid. This ensures that both parties have sufficient time to prepare and make alternative arrangements. Different types or variations of Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant may include specific clauses or addendums to address unique situations. For example: a) Early termination due to job relocation: This type of agreement may include specific terms for terminating the lease early due to the tenant's job relocation, with considerations for notice periods and fees (if any). b) Mutual termination without penalties: In some cases, both the landlord and tenant may agree to terminate the lease early without incurring any penalties, such as early termination fees or loss of deposit. c) Termination due to habitability issues: If the leased property becomes uninhabitable due to significant maintenance or safety issues, a specific termination agreement may be necessary, outlining the responsibilities for repairs or relocation. In conclusion, the Gresham Oregon Agreed Written Termination of Lease by Landlord and Tenant is a legally binding document that allows both parties to terminate a lease agreement in a mutually agreed-upon manner. It ensures a clear and transparent process, protecting the rights and interests of both the landlord and tenant.
