Kings New York Agreed Termination of Lease and Surrender of Premises

• Category: Landlord Tenant - Residential Leases - Termination
• State: Multi-State
• County: Kings
• Control #: US-849LT
• Format: Word; Rich Text

Description

Agreement allowing for termination of lease and surrender of premises with or without conditions. Kings New York Agreed Termination of Lease and Surrender of Premises is a legal document that outlines the agreed-upon terms between a landlord and tenant to end a lease agreement and vacate the property in New York. This document ensures a smooth transition and protects both parties' rights and obligations. The Kings New York Agreed Termination of Lease and Surrender of Premises document typically includes the following sections: 1. Parties involved: Names and contact information of the landlord and tenant. 2. Lease details: Reference to the original lease agreement, including the lease start and end dates, the rented property's address, and any relevant identification or reference numbers. 3. Termination terms: Clearly stating the mutual agreement between the landlord and tenant to terminate the existing lease agreement before its original expiration date. 4. Surrender of premises: Detailing the date by which the tenant must vacate the property and return possession to the landlord in the same condition (minus normal wear and tear) as per the initial lease agreement. 5. Release of obligations: Specifying that both parties agree to release each other from any further obligations, claims, or liabilities associated with the terminated lease agreement. 6. Security deposit: Addressing how the return or handling of the security deposit will be handled, typically within a certain timeframe after the tenant vacates. 7. Outstanding dues or charges: Clarifying any remaining rent, utilities, or other charges owed by the tenant and how these will be settled. Different types of Kings New York Agreed Termination of Lease and Surrender of Premises can be categorized based on specific situations, such as: 1. Early termination: When both the landlord and tenant mutually agree to terminate the lease before its original end date. 2. Termination due to breach: When one party violates the terms of the original lease agreement, leading to an agreed-upon termination. 3. Relocation termination: When the tenant is forced to terminate the lease due to a job transfer, military deployment, or other circumstances beyond their control. 4. Lease breakage termination: When the tenant wishes to end the lease before its expiration, typically by paying a penalty or fulfilling certain conditions specified in the lease agreement. Overall, the Kings New York Agreed Termination of Lease and Surrender of Premises is a crucial legal document that safeguards the interests of both the landlord and tenant during the termination process, ensuring a smooth transition and addressing any outstanding issues or obligations.

Kings New York Agreed Termination of Lease and Surrender of Premises is a legal document that outlines the agreed-upon terms between a landlord and tenant to end a lease agreement and vacate the property in New York. This document ensures a smooth transition and protects both parties' rights and obligations. The Kings New York Agreed Termination of Lease and Surrender of Premises document typically includes the following sections: 1. Parties involved: Names and contact information of the landlord and tenant. 2. Lease details: Reference to the original lease agreement, including the lease start and end dates, the rented property's address, and any relevant identification or reference numbers. 3. Termination terms: Clearly stating the mutual agreement between the landlord and tenant to terminate the existing lease agreement before its original expiration date. 4. Surrender of premises: Detailing the date by which the tenant must vacate the property and return possession to the landlord in the same condition (minus normal wear and tear) as per the initial lease agreement. 5. Release of obligations: Specifying that both parties agree to release each other from any further obligations, claims, or liabilities associated with the terminated lease agreement. 6. Security deposit: Addressing how the return or handling of the security deposit will be handled, typically within a certain timeframe after the tenant vacates. 7. Outstanding dues or charges: Clarifying any remaining rent, utilities, or other charges owed by the tenant and how these will be settled. Different types of Kings New York Agreed Termination of Lease and Surrender of Premises can be categorized based on specific situations, such as: 1. Early termination: When both the landlord and tenant mutually agree to terminate the lease before its original end date. 2. Termination due to breach: When one party violates the terms of the original lease agreement, leading to an agreed-upon termination. 3. Relocation termination: When the tenant is forced to terminate the lease due to a job transfer, military deployment, or other circumstances beyond their control. 4. Lease breakage termination: When the tenant wishes to end the lease before its expiration, typically by paying a penalty or fulfilling certain conditions specified in the lease agreement. Overall, the Kings New York Agreed Termination of Lease and Surrender of Premises is a crucial legal document that safeguards the interests of both the landlord and tenant during the termination process, ensuring a smooth transition and addressing any outstanding issues or obligations.