Notice Of Early Termination Of Lease Template for Hong Kong

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Key Requirements PROMPT example:

Notice Of Early Termination Of Lease

"I need a Notice of Early Termination of Lease for my Hong Kong commercial property where I'm the tenant, exercising the break clause to end the lease on March 1, 2025, due to business relocation."

Document background
The Notice of Early Termination of Lease is a crucial document used in Hong Kong's property market when either a landlord or tenant needs to terminate a lease agreement before its scheduled end date. This notice must comply with Hong Kong's Landlord and Tenant (Consolidation) Ordinance and any specific provisions within the original lease agreement. The document is typically used when circumstances require early termination, such as breach of contract, mutual agreement, or when exercising a break clause. It must include specific details about the property, parties involved, termination date, and handover procedures. The notice serves as formal documentation of the intention to terminate and helps protect both parties' legal interests while ensuring a clear record of the termination process.
Suggested Sections

1. Sender's Details: Full name and address of the party giving notice (tenant or landlord)

2. Recipient's Details: Full name and address of the party receiving the notice

3. Lease Reference: Details of the existing lease including date of execution, property address, and any reference numbers

4. Notice of Termination: Clear statement of intention to terminate the lease early

5. Termination Date: Specific date when the lease will terminate

6. Legal Basis: Reference to the relevant clause in the lease agreement or legal provision allowing early termination

7. Handover Arrangements: Details of property inspection and key return process

8. Signature Block: Space for signature, name, and date of the serving party

Optional Sections

1. Reason for Termination: Include when the lease requires stating a specific reason for early termination or when it strengthens the position

2. Security Deposit: Include when addressing the return of security deposit is necessary

3. Outstanding Payments: Include when there are any rent arrears or other payments to be settled

4. Forwarding Address: Include when the terminating party is the tenant and needs to provide a forwarding address

5. Mutual Agreement Statement: Include when the termination is by mutual consent of both parties

Suggested Schedules

1. Schedule 1 - Property Condition Checklist: Optional checklist for documenting the condition of the property prior to handover

2. Schedule 2 - Inventory List: List of landlord's fixtures and fittings to be checked during handover

3. Appendix A - Copy of Original Lease: Attached copy of the relevant sections of the original lease agreement referring to early termination

4. Appendix B - Photographic Evidence: Optional appendix containing dated photographs of the property condition

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Property Management

Retail

Commercial Office Space

Industrial

Residential Property

Hospitality

Education

Healthcare

Banking and Financial Services

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Asset Management

Property Administration

Compliance

Risk Management

Corporate Services

Administrative Services

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Leasing Manager

Asset Manager

Property Administrator

Tenant Relations Manager

Corporate Real Estate Manager

Operations Manager

Real Estate Director

Company Secretary

Compliance Officer

Risk Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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