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A lease termination agreement is a document used when a tenant is leaving the premises of a rental property. The agreement is designed to protect the tenant from any future liability as well protect the homeowner from future liability should the tenant cite a dispute after vacating the premises. The lease termination agreement contains the information regarding the parties' lease, the termination date, the property for which the lease stands, and the rights and obligations of the parties.

The document may contain language concerning the tenant's promise to return the property to its original condition, as well information regarding any potential lease termination fee. If a fee is to be paid, the contract will detail the amount and how it shall be paid to the landlord.

The document may contain a release of liability, meaning that both parties agree not to pursue legal action regarding the property. An additional clause concerning attorney fees may appear in the document. If the tenant agrees to forfeit their security deposit upon termination of the lease, this information will be present in the lease termination agreement.

Lease Termination Agreement Involving Pennsylvania Governing Law

Provided below are links to Lease Termination Agreement s with Pennsylvania governing law clauses. Governing law provisions (also knows as choice of law or controlling law clauses) in contracts are frequently used by the agreement parties to specify which jurisdiction's laws will be applied to interpreting the contractual provisions and obligations. By quickly reviewing Lease Termination Agreement s to find contracts with Pennsylvania governing law, you can customize your agreements to meet Pennsylvania requirements.

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