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The Termination Letter (Real Estate) is a crucial legal document used in the Philippine real estate sector to formally end property-related agreements. It is essential when either party wishes to terminate a lease, rental, or property purchase agreement in accordance with Philippine property laws and regulations. The document must comply with specific requirements under the Civil Code of the Philippines, the Rent Control Act, and where applicable, the Maceda Law. This letter should be used when there is a need to document the formal termination of a real estate agreement, whether due to contract expiration, breach of terms, mutual agreement, or other valid reasons. It typically includes detailed information about the property, parties involved, grounds for termination, effective date, and any specific requirements for property handover or final settlements. The document serves as crucial evidence in case of future disputes and helps ensure a clear and legally compliant termination process.

1. Sender's Details: Complete name and address of the party initiating the termination

2. Date: Current date when the termination letter is being issued

3. Recipient's Details: Complete name and address of the party receiving the termination notice

4. Subject Line: Clear indication that this is a termination notice with reference to the specific property and agreement

5. Property Details: Complete address and description of the property subject to termination

6. Contract Reference: Details of the original contract including date of execution and type of agreement

7. Termination Statement: Clear and unequivocal statement of intent to terminate the agreement

8. Grounds for Termination: Specific reasons for termination with reference to relevant contract clauses or legal provisions

9. Effective Date: Specific date when the termination takes effect, considering notice periods required by law

10. Required Actions: List of actions required from the recipient, such as property vacation or key return

11. Closing Statement: Professional closing with contact information for further communication

12. Signature Block: Space for signature, name, and title of the sender