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Lease Termination Notice To Tenant

oboloo Glossary

Lease Termination Notice To Tenant

The lease termination notice to tenant is a formal document that states the intention of either party (landlord or tenant) to end a rental agreement. It outlines the specific conditions on which they are mutually agreeing to part ways, including the current status of the property and any unpaid rent. The tenant must be given at least 30 days’ advanced notice, as outlined in the lease terms and state laws, so they have time to locate alternative housing. Failure to give the required notification can result in legal action against the landlord or tenant for breach of contract. A lease termination notice should include clear language about how much rent is owed and when it needs to be paid, as well as what will happen if it isn’t paid on time. Taking this step shows respect and professionalism, and can help both parties avoid future disagreements in the event of a dispute.

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