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Lease Termination Due To Fire
"I need a Lease Termination Due To Fire agreement for my commercial property at 123 High Street, Manchester, where a severe electrical fire on January 15, 2025, has made the premises uninhabitable, and both myself (landlord) and the tenant have agreed to terminate the lease early."
1. Parties: Identification of landlord and tenant
2. Background: Details of original lease and fire incident
3. Definitions: Key terms used in the agreement
4. Termination Date: Effective date of lease termination
5. Confirmation of Termination: Formal statement of lease termination
6. Return of Deposit: Arrangements for security deposit return
7. Release of Obligations: Mutual release from lease obligations
1. Insurance Claims: Details of insurance claims process and arrangements when an insurance claim is pending or being processed
2. Personal Property: Arrangements for removal/disposal of remaining items when tenant's belongings remain in property
3. Compensation: Additional compensation arrangements when extra payments are agreed between parties
1. Schedule 1: Original Lease: Copy of original lease agreement
2. Schedule 2: Fire Damage Report: Official documentation of fire damage
3. Schedule 3: Insurance Documentation: Relevant insurance policies and claims
4. Schedule 4: Inventory of Damage: List of damaged property and fixtures
Authors
Property
Original Lease
Landlord
Tenant
Termination Date
Fire Incident
Deposit
Insurance Claim
Effective Date
Premises
Fire Damage
Parties
Business Day
Relevant Insurance Policy
Security Deposit
Personal Property
Inventory
Force Majeure
Outstanding Obligations
Termination Notice
Claim Period
Surviving Provisions
Applicable Law
Release of Obligations
Insurance
Deposit Return
Property Access
Damage Assessment
Personal Property Removal
Mutual Release
Force Majeure
Notices
Severability
Entire Agreement
Governing Law
Surviving Obligations
Insurance Claims
Further Assurance
Costs
Assignment
Confidentiality
Dispute Resolution
Waiver
Third Party Rights
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