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A Simple Guide for Creating and Serving a Termination of Lease Form New York
A termination of lease form New York is a written notice that the landlord or the tenant can use to terminate a lease agreement before the actual expiry date. One can have a reason to end the tenancy, but it is not a legal requirement as long as sufficient notice period is given to the non-terminating party.
You can create the notice by writing it or filling out a New York termination of lease form. Read on to learn how to go about it and much more.
Is a Notice to Quit the Same as a Lease Agreement Termination Notice?
No, a notice to quit is different from a lease contract cancellation notice. A notice to quit informs an offending party of a violation of rental contract terms, which should be addressed for the agreement to remain active.
If the highlighted issues are not addressed within the stipulated timeframe, the offended party terminates the lease contract.
On the other hand, a lease contract termination notice ends a tenancy outright. Once the tenant receives the notice, they should prepare to vacate the premises by the specified termination date. If the notice is given to the landlord, they start looking for a new tenant to move into the house once the current tenant vacates.
When Can You Use a Lease Contract Cancellation Letter?
Both the landlord and the renter can use a New York termination of lease form in different situations:
The tenant will use the document when;
The landlord can use the essential letter when;
Lease Agreement Termination Letter Legal Requirements
The state requires the terminating party to give proper notice to the other party. For month-to-month tenancies, a 30-day notice should be given, and for week-to-week tenancies, a seven-day notice should be given to the non-terminating party.
In addition, the landlord-tenant state laws require the termination party to serve the other party promptly. Suppose the notice is not delivered on time. In that case, the non-terminating party can file a lawsuit for unlawful eviction, especially if they don't get at least 30 days after receiving the letter.
The Lease Contract Termination Letter Details
A valid lease agreement cancellation notice should include key information, such as the names, contact information, and addresses of the landlord and the tenant. It should also include the physical address of the rental premises, the end date, and the signature of one or both parties.
How Do You Serve Lease Agreement Cancellation Notice?
Once you have a well-created and signed lease agreement cancellation letter, you should deliver it by hand to the other party. Alternatively, you can send it through the mail service. Whichever method you use, ensure the letter reaches the other party on time.
Creating a Termination of Lease Letter
There are two methods of creating a lease contract cancellation letter;
You can start the process by accessing these templates at Forms.legal and draft the lease cancellation letter in a streamlined and affordable way. Simply choose a template, fill in the correct information, and print it.