Commercial Lease Termination Notice
Commercial Lease Termination Notice
February 20, 2050
[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY NUMBER]
Dear [Recipient's Name],
I am writing this letter to inform you that I, [YOUR COMPANY NAME], intend to terminate the commercial lease agreement for the premises located at [YOUR COMPANY ADDRESS]. The purpose of this notice is to notify you of this decision and provide you with essential details related to this step.
The effective termination date of the lease agreement is [Specific Date, Year 2050 onwards]. As per the stipulated terms in the lease agreement, I am notifying you in advance, allowing adequate time for any necessary arrangements. I believe the advanced notice will provide sufficient time for you to find a new tenant, preventing a gap in the income from the property.
As part of the termination process, I will ensure the following steps:
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Thorough cleaning and vacating the premises by the termination date.
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Settling any outstanding dues related to the commercial lease.
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Returning all keys, access cards, and other property-related items.
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Providing a forwarding address for further communications.
I kindly request you to provide me with detailed instructions regarding the return of the security deposit. I hope for a smooth and hassle-free termination process.
If there are any other requirements or formalities that I need to fulfill, please feel free to communicate. You can reach me via my email at [YOUR COMPANY EMAIL] or call me at [YOUR COMPANY NUMBER].
Thank you for your understanding and handling the termination process. I assure you that the exit process will be done responsibly and professionally.
Sincerely,
[YOUR NAME]