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Real Estate

Lease Termination Agreement

A mutual agreement ending a lease early, before its original end date, with move-out and deposit terms.

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Free general-purpose template, not legal advice. Fill in the placeholders and consider having a lawyer review it before you rely on it.

1. Parties & Original Lease

This Lease Termination Agreement ("Agreement") is entered into as of [Effective Date] between [Landlord Name] ("Landlord") and [Tenant Name] ("Tenant"), terminating the lease dated [Original Lease Date] for the property at [Property Address], which was otherwise set to end on [Original End Date].

2. Termination Date

The lease will terminate early, effective [New Termination Date] (the "Move-Out Date").

3. Final Rent & Fees

Tenant agrees to pay rent through the Move-Out Date, plus [Early Termination Fee, if any] of [Amount].

4. Move-Out Condition

Tenant will vacate the property by the Move-Out Date, leaving it in the condition required by the original lease, normal wear and tear excepted.

5. Security Deposit

The security deposit will be returned per the terms of the original lease and applicable [State / Jurisdiction] law, less any lawful deductions.

6. Mutual Release

Upon Tenant vacating and Landlord returning the deposit as described above, both parties release each other from further obligations under the original lease.

7. Governing Law & Signatures

This Agreement is governed by the laws of the State of [State / Jurisdiction].

Landlord Signature: _______________________ Date: _______________

Tenant Signature: _______________________ Date: _______________

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