Cancellation of Lease

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

CANCELLATION OF LEASE

WHEREAS a certain lease was executed between ________________________________


(hereinafter referred to as “Landlord”) and ____________________________________
(hereinafter referred to as “Tenant”) and dated on _________________________ for the
premises more particularly described as follows: ________________________________
_________________________________________________; and

WHEREAS, the parties now desire to cancel said Lease;

IN CONSIDERATION OF GOOD AND VALUABLE CONSIDERATION, receipt of


which is hereby acknowledged; the above parties hereby agree that said lease will be
terminated and canceled effective ____________________ (Date). As of which time,
Tenant agrees to vacate said premises. With the exception of those rights and obligations
accruing prior to said date and which have not been exercised, performed or discharged, all
rights and obligations of the parties under said lease shall be canceled and discharged as of
said date.

This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, their
heirs, successors and assigns.

Dated: _________________

__________________________ __________________________
Landlord Tenant

You might also like