The document "Ending A Fixed Term Tenancy Agreement Early" is essential for situations where both landlord and tenant agree to terminate a fixed-term lease before its scheduled end date in the UAE. It operates within the framework of UAE Federal Law No. 33 of 2021 and emirate-specific rental regulations, particularly those of Dubai and Abu Dhabi. This document is typically used when circumstances necessitate early termination, such as job relocations, property sales, or other mutually agreed situations. It includes crucial elements such as termination date, financial settlements, property handover conditions, and mutual releases, ensuring legal compliance while providing clarity and protection for all parties involved. The document must be structured to meet local registration requirements and should be compatible with RERA (Dubai) or Department of Municipalities and Transport (Abu Dhabi) regulations.
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1. Parties: Details of the Landlord and Tenant, including full legal names, Emirates ID numbers, and contact information
2. Background: Brief description of the existing tenancy agreement, including its start date, original end date, and property details
3. Definitions: Definitions of key terms used in the agreement, including 'Property', 'Original Agreement', 'Termination Date', etc.
4. Early Termination: Statement of mutual agreement to terminate the tenancy early, specifying the agreed termination date
5. Financial Settlement: Details of any rent refunds, security deposit return, or compensation payable by either party
6. Handover Conditions: Specifications for the condition in which the property must be returned, including cleaning requirements and acceptable wear and tear
7. Release and Waiver: Mutual release from future obligations under the original tenancy agreement, subject to fulfillment of termination conditions
8. Governing Law and Jurisdiction: Confirmation that the agreement is governed by UAE law and specification of relevant emirate jurisdiction
1. Outstanding Utilities: Include when there are utility bills to be settled before termination
2. Maintenance Issues: Include when there are ongoing maintenance issues that need to be resolved
3. Forwarding Address: Include when the tenant needs to provide a forwarding address for future correspondence or deposit return
4. Third Party Notifications: Include when there are service providers or authorities that need to be notified of the termination
5. Property Management: Include when a property management company is involved and needs to be referenced in the termination process
1. Schedule 1 - Property Details: Detailed description of the property including address and any parking spaces or facilities included
2. Schedule 2 - Original Tenancy Documents: Copy of the original tenancy agreement and any subsequent amendments
3. Schedule 3 - Property Condition Report: Current condition report of the property, including photographs if relevant
4. Schedule 4 - Financial Statement: Detailed breakdown of all financial settlements, including rent calculations and deposit deductions
5. Appendix A - Handover Checklist: Checklist of items to be completed/checked during the final property inspection and handover
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Operations
Administration
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Corporate Services
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Property Manager
Real Estate Manager
Leasing Manager
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