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Wisconsin Termination of Lease Form: Important Details to Note!
A lease termination lease form is a formal document used to end rental agreements before the initially stipulated end date. A landlord or a tenant can use this form at any time and for any reason, but they must give the other party the mandated notice period to comply.
To terminate the rental contract, you should create the end-of-lease notice and ensure it reaches the other party in a timely fashion. Read on to learn how to draft the notice and the legal requirements it must adhere to.
A Rental Agreement Cancellation Notice vs a Notice to Quit: What's the Difference?
A notice to quit is a legal document a tenant or landlord uses to inform the other of a problem or a violation of lease terms. Essentially, the notice provides conditions highlighting a problem or breach of contract that must be addressed on time. Otherwise, the contract will be ended prematurely.
For example, a tenant can send a notice to quit to a landlord, informing them to repair a serious plumbing issue on the property within ten days. If the plumbing issue is not fixed within ten days, the tenant will end the lease.
On the other hand, a lease agreement termination letter is used to end the lease. When this letter is served, the recipient must plan to comply with it. It has an end date, after which the lease agreement will be considered invalid.
Situations That Require You to Use a Termination of Lease Letter
A landlord must use a Wisconsin termination of lease form when they want to end a current tenant's lease to renovate or sell the property. They can also use the letter when a tenant cannot pay rent or has breached contract terms. The notice also comes in handy when the landlord wants to cancel a lease so the tenant can use the property for other purposes.
Tenants can use a notice to terminate tenancy when they want to relocate due to work. They can also end the lease when the landlord increases rent or introduces new unacceptable rental terms. A tenant can also cancel a rental agreement when planning to upsize/downsize or for any other personal reason.
Termination of Lease Notice Legal Requirements in Wisconsin
State laws require a 28-day notice to be provided when terminating monthly lease agreements. In addition, the letter must be served to the other party in a proper and timely fashion that guarantees receipt. The served party should comply with the signed termination of lease form or letter, otherwise, legal action should be taken against them.
What should be included in the Rental Contract Cancellation Letter?
Here are the main details that must be included in a lease cancellation letter;
Lease Cancellation Notice and the Eviction Process
The notice gives a tenant 28 days to vacate. If the tenant still occupies the premises beyond the end date, the landlord should get an eviction order.
Creating a Lease Agreement Cancellation Letter
You can draft a lease cancellation letter by writing it from scratch or using online templates. The former can be time-consuming, and you may make a few mistakes. Utilizing online templates is much easier, stress-free and accurate.
All you need to do is choose the applicable Wisconsin termination of the lease form template, fill it out online, and download and print it. Be sure to sign and deliver it to the other party on time.
Forms.legal is a reliable source of updated and accessible templates that you can use to this end.