A lease termination form is used by the landlord or the tenant to terminate a lease agreement before the term of the contract is over. Every lease agreement has a specific term of one or two years but for various reasons either party may want to terminate the contract.
In the original lease contract, there are certain points mentioned which lays out the conditions under which the contract will be terminated. If any of those situations arise or any of the terms and conditions of the contract is broken, then the landlord or the tenant has the right to terminate the contract. It may be done with or without giving a notice and depending on that the deposit amount is returned.
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Sample Lease Termination Form
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