Document background
The Termination of Lease Agreement Template is a crucial document used in the United Arab Emirates when parties mutually agree to end their lease arrangement or when one party exercises their right to terminate under the existing lease terms. This document is essential for compliance with UAE Federal Law No. 5 of 1985 (Civil Code) and emirate-specific regulations such as Dubai Law No. 26 of 2007 or Abu Dhabi Law No. 20 of 2006. It provides a structured framework for documenting the termination process, including key elements such as effective termination date, property handover requirements, financial settlements, and mutual releases. The template is designed to protect both parties' interests while ensuring proper documentation for local authorities and property registration systems like Ejari or Tawtheeq. It's particularly vital in the UAE's dynamic real estate market where clear documentation of lease terminations is required for regulatory compliance and future property transactions.
