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1. Parties: Identification of the landlord and tenant, including full legal names and addresses
2. Background: Brief context about the original lease agreement and the intention to terminate
3. Definitions: Definitions of key terms used throughout the document
4. Termination Date: Specific date when the lease will terminate and the property will be handed over
5. Property Inspection: Requirements and process for final property inspection
6. Handover Requirements: Specific conditions for returning the property, including cleanliness and repair standards
7. Security Deposit: Terms for the return or deduction of the security deposit
8. Settlement of Accounts: Process for settling any outstanding rent, utilities, management fees, and other charges
9. Keys and Access Devices: Requirements for returning all keys, access cards, and related items
10. Release and Discharge: Mutual release from obligations under the original lease agreement
11. Governing Law: Confirmation that the agreement is governed by Hong Kong law
1. Renovation Restoration: Details of any required restoration of alterations made during the tenancy
2. Outstanding Repairs: Specific provisions for handling any pending repairs or maintenance issues
3. Dispute Resolution: Procedures for resolving any disputes that may arise during the termination process
4. Extension Period: Provisions for temporary extension if needed for completion of works or moving out
5. Break Fee: Include if the termination is before the original lease end date and requires a penalty payment
6. Forwarding Address: Requirements for tenant to provide forwarding address for future correspondence
7. Property Marketing: Provisions for allowing property viewings if the termination is before the original end date
1. Schedule 1 - Property Inventory: Detailed list of fixtures, fittings, and condition of the property
2. Schedule 2 - Outstanding Payments: Breakdown of any outstanding payments including utilities, management fees, etc.
3. Schedule 3 - Security Deposit Calculation: Detailed calculation of security deposit deductions and returns
4. Appendix A - Property Handover Checklist: Checklist for final inspection and handover requirements
5. Appendix B - Utility Transfer Forms: Forms for transferring or terminating utility accounts
6. Appendix C - Original Lease Agreement: Copy of the original lease agreement for reference
7. Appendix D - Property Photographs: Recent photographs documenting the property's condition
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