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Contracting tool for people who just want to get things done.
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Surrender of Tenancy Agreement – End a Tenancy Early by Mutual Consent
A Surrender of Tenancy Agreement allows a landlord and tenant to mutually terminate a tenancy before its scheduled end date without breaching the original agreement.
A Surrender of Tenancy Agreement made in Bind typically addresses:
Surrender of Tenancy
Clearly states the date on which the tenancy will end, releasing both landlord and tenant from further obligations after that date (unless some obligations are meant to survive).
Condition of Property
Specifies the condition in which the property must be returned and outlines any inspections needed to confirm its state.
Security Deposit
Details how and when the landlord will return the tenant’s deposit (and any deductions for damages or unpaid charges), ensuring transparency.
Final Payments
Outlines any remaining rent or fees the tenant must pay through the termination date, clarifying what happens if any outstanding balance is due.
Governing Law
Indicates that the agreement is governed by the laws of England and Wales, providing a clear legal framework for resolving any disputes.
Bind simplifies drafting and eSigning the Surrender of Tenancy Agreement, helping both landlord and tenant confirm the early end of a lease in a legally sound and amicable manner.
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