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Lease Termination Form Template for Australia

This document is a standardized form used in Australian jurisdictions for the formal termination of lease agreements, complying with relevant state and territory tenancy laws. It serves as an official record of the agreement between landlords and tenants to end a lease, whether at the natural conclusion of the term or through early termination. The form includes essential details such as property information, party details, termination date, and conditions for lease conclusion, ensuring compliance with Australian property law and tenancy regulations while protecting the rights and obligations of all parties involved.

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What is a Lease Termination Form?

The Lease Termination Form is a legal document used across Australian jurisdictions to formally end tenancy agreements between landlords and tenants. This document is essential when either party wishes to terminate a lease, whether at the end of its natural term or earlier by mutual agreement. The form must comply with state-specific residential and commercial tenancy laws, including required notice periods and termination grounds. It captures crucial information such as property details, party information, termination date, and conditions for ending the lease. The document serves as official evidence of the agreement to terminate and helps prevent future disputes by clearly documenting the terms of the lease conclusion. It's particularly important for proper record-keeping and may be required for bond refund processes or future reference.

What sections should be included in a Lease Termination Form?

1. Property Details: Full address and description of the leased premises being vacated

2. Party Information: Complete details of landlord/lessor and tenant/lessee, including full names, contact information, and any authorized representatives

3. Lease Reference: Details of the original lease agreement including date of commencement and any relevant reference numbers

4. Termination Date: Specific date when the lease will terminate and premises will be vacated

5. Notice Period Confirmation: Statement confirming that the required notice period has been given in accordance with the lease agreement and relevant legislation

6. Keys and Access: Details regarding the return of all keys, access cards, and security devices

7. Signatures: Space for all parties to sign and date the termination form

What sections are optional to include in a Lease Termination Form?

1. Reason for Termination: Required when termination is based on specific grounds (e.g., breach of lease, hardship) or when mandated by state legislation

2. Bond Disposition: Details about the return of security deposit/bond, including any deductions - used when parties agree on bond settlement as part of termination

3. Outstanding Payments: Section detailing any remaining rent, utilities, or other payments due - included when there are outstanding financial matters

4. Mutual Agreement Declaration: Used specifically for terminations by mutual consent, containing statements of agreement from both parties

5. Forwarding Address: Section for tenant's forwarding address - required in some jurisdictions for bond return and future correspondence

6. Special Conditions: Any specific conditions agreed upon for the termination, such as early release terms or specific cleaning requirements

What schedules should be included in a Lease Termination Form?

1. Schedule A - Property Condition Report: Detailed report of the property's condition at the time of termination notice, may be required for bond return

2. Schedule B - Inventory Checklist: List of any fixtures, fittings, or furniture included in the lease and their condition

3. Schedule C - Outstanding Payments Schedule: Detailed breakdown of any outstanding payments or adjustments required before termination

4. Appendix 1 - Supporting Documentation: Any relevant supporting documents such as inspection reports, photographs, or correspondence related to the termination

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Australia

Publisher

Genie AI

Sector

Cost

Free to use

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