A Lease Termination Letter is an official document issued by a landlord or tenant indicating that a lease agreement has come to an end. This letter often serves as a notice of intent to vacate the property and sets out any remaining obligations the tenant must fulfill, such as returning keys, settling accounts and removing all personal possessions. It’s important that this letter be drafted professionally and kept on record in case of disputes down the line. It’s also essential that both parties adhere to the stipulations outlined in the terms of the lease agreement – so make sure you understand what’s expected of you before signing off on a Lease Termination Letter.