Mutual lease termination agreement templateMutual Lease Termination Agreement • May 10th, 2021
Contract Type FiledMay 10th, 2021Lease agreements are binding legal documents that both landlord and tenant need to respect. But what happens if the involved parties want to terminate the lease consensually? This delicate situation calls for a mutual lease termination agreement. If you want to learn more about this contract, DoNotPay is at your disposal! We will also show you how to create a top-notch mutual lease termination agreement without hassle! What Is a Mutual Lease Termination Agreement? A landlord and tenant can decide to terminate a lease agreement at any point. One way to do it is to sign a mutual lease termination agreement. This contract is the result of negotiations between both parties and should protect their respective interests. Before creating and signing a mutual lease termination contract, the concerned parties must agree on the terms of ending the lease. What Are the Most Common Reasons for an Early Termination? People often have to terminate a lease early because their circumstances change. Her