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.
Bellevue Washington Agreed Written Termination of Lease by Landlord and Tenant is a legal document that lays out the terms and conditions for the termination of a lease agreement between a landlord and a tenant in Bellevue, Washington. This termination agreement ensures that both parties are in agreement and protects their rights and obligations. When drafting a Bellevue Washington Agreed Written Termination of Lease by Landlord and Tenant, it is important to include key details such as the names and contact information of the landlord and tenant, the address of the rental property, the lease start and end dates, and the reason for termination. There are different types of Bellevue Washington Agreed Written Termination of Lease by Landlord and Tenant, depending on the circumstances. These may include: 1. Mutual Agreement Termination: This type of termination occurs when both the landlord and tenant agree to end the lease before its original expiration date. The agreement should outline any financial obligations, such as the return of the security deposit, prorated rent, or fees associated with early termination. 2. Notice Termination: In cases where either the landlord or tenant wishes to terminate the lease, they must provide written notice within a specified timeframe, as per the terms of the original lease agreement or local laws. The agreement should detail the notice period required, which is typically 30 days in Bellevue, Washington, and any other applicable terms. 3. Lease Violation Termination: If either party violates the terms of the lease agreement, such as non-payment of rent or illegal activities on the property, the other party may choose to terminate the lease. The termination agreement should specify the grounds for termination and any necessary actions or penalties involved. 4. Termination due to Sale of Property: If the landlord decides to sell the rental property during the lease term, they may choose to terminate the lease agreement. In this case, the agreement should outline the notice period, any compensation factors, and the process for smooth transition and vacation of the premises. When creating a Bellevue Washington Agreed Written Termination of Lease by Landlord and Tenant, it is important to consult with a legal professional or use a trusted template that adheres to Washington state and Bellevue city laws. This will help ensure that the agreement is legally valid and protects the rights and responsibilities of both parties involved.
