The Early Lease Termination Agreement is a crucial document used when both landlord and tenant agree to end a lease before its scheduled expiration date under Irish law. This document becomes necessary in various situations, such as when tenants need to relocate for work, when landlords require the property for personal use, or when both parties mutually agree to end the tenancy early. The agreement ensures compliance with Irish legislation, particularly the Residential Tenancies Act 2004 and its amendments, while providing clear terms for the termination process. It includes essential details such as the termination date, settlement terms, property inspection requirements, deposit return arrangements, and mutual release of obligations. This document helps prevent future disputes by clearly documenting the agreed terms and conditions of the early termination.
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1. Parties: Identification of the landlord and tenant(s), including full legal names and addresses
2. Background: Brief context about the existing lease and the reason for early termination
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when the lease will terminate and the tenant will vacate the property
5. Settlement Terms: Financial terms including any early termination fees, rent adjustments, or deposit arrangements
6. Tenant Obligations: Responsibilities of the tenant regarding property condition, cleaning, and key return
7. Landlord Obligations: Responsibilities of the landlord including deposit return and property inspection
8. Release of Liability: Mutual release of future obligations under the original lease
9. Final Inspection: Process and timeline for conducting the final property inspection
10. Governing Law: Confirmation that the agreement is governed by Irish law
11. Signatures: Execution section for all parties including witnesses if required
1. Forwarding Address: Section for tenant's new address for future correspondence and deposit return - include if tenant is relocating
2. Utilities Settlement: Arrangements for final utility readings and payments - include if utilities are in tenant's name
3. Maintenance Issues: Documentation of any existing maintenance issues - include if there are outstanding repairs
4. Property Damage: Details of any damage beyond normal wear and tear - include if damage exists
5. Key Return Schedule: Specific arrangements for returning keys, fobs, or access cards - include if multiple access devices exist
6. Reference Provision: Terms regarding landlord providing future references - include if agreed upon
7. Personal Property: Arrangements for removing tenant's remaining belongings - include if relevant
1. Schedule 1 - Property Inventory: Detailed list of property contents and their condition at termination
2. Schedule 2 - Financial Settlement: Breakdown of all financial calculations including rent, deposit, and any deductions
3. Schedule 3 - Photographic Evidence: Dated photographs of property condition at termination
4. Appendix A - Original Lease: Copy of the original lease agreement being terminated
5. Appendix B - Inspection Report: Final property inspection report and checklist
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