oboloo Glossary

Lease Termination Letter From Tenant

oboloo Glossary

Lease Termination Letter From Tenant

A Lease Termination Letter from Tenant is an official document that formally notifies a landlord or property manager of a tenant’s intention to vacate a rental unit, terminate the lease agreement and move out. This letter serves as evidence of communication between the tenant and landlord, ensuring that the tenant has properly notified their landlord of their intent to vacate and of any outstanding payments or expectations for the unit as outlined in the lease agreement. It could also be used in court should a legal dispute arise between the tenant and landlord. Writing a formal Lease Termination Letter is essential for both tenants and landlords – it provides clarity, protection and peace of mind.