Early Termination Of Commercial Lease Agreement Template for Ireland

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Early Termination Of Commercial Lease Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Early Termination Of Commercial Lease Agreement

"I need an Early Termination of Commercial Lease Agreement for our Dublin office space, with a planned termination date of March 1, 2025, including specific provisions for the return of our €50,000 security deposit and handling of recent renovation works."

Document background

The Early Termination of Commercial Lease Agreement is essential when parties to a commercial lease in Ireland mutually agree to end their lease arrangement before the originally agreed termination date. This document is typically used when business circumstances change, such as company relocations, downsizing, or strategic business decisions requiring premises changes. The agreement comprehensively addresses all aspects of the early termination, including financial settlements, property condition requirements, and mutual releases. It ensures compliance with Irish property law and commercial leasing regulations while providing certainty and protection for both landlord and tenant. The document includes specific provisions for handling security deposits, outstanding obligations, and property handover procedures, making it a crucial tool for managing commercial property relationships in Ireland.

Suggested Sections

1. Parties: Identifies and defines the Landlord and Tenant as parties to the agreement, including their full legal names and addresses

2. Background: Recites key facts including the original lease date, property details, and the parties' mutual desire to terminate early

3. Definitions: Defines key terms used throughout the agreement, including 'Lease', 'Property', 'Termination Date', and other relevant terms

4. Agreement to Terminate: States the mutual agreement to terminate the lease and specifies the exact termination date

5. Termination Payments: Details any payments required for early termination, including final rent, service charges, and any termination fee

6. Condition of Property: Specifies the condition in which the property must be returned, including any reinstatement obligations

7. Return of Keys and Security Items: Details the process and timing for returning all keys, access cards, and security items

8. Release and Waiver: Mutual release of claims and obligations under the lease post-termination

9. Deposit: Arrangements for the return or application of any security deposit

10. Governing Law: Confirms Irish law as governing law and jurisdiction

11. Execution: Signature blocks and execution requirements for both parties

Optional Sections

1. Dilapidations Settlement: Include when there are outstanding repair obligations to be settled as part of the termination

2. Assignment/Subletting Provisions: Include if there are any existing subtenants or assignees whose rights need to be addressed

3. Service Contracts: Include when there are ongoing service contracts that need to be terminated or transferred

4. Outstanding Rent Review: Include if there is a pending rent review that needs to be settled

5. Break Premium: Include when a premium is being paid specifically for the early termination right

6. VAT Provisions: Include when there are VAT implications from the early termination that need to be addressed

7. Insurance Claims: Include when there are ongoing insurance claims that need to be addressed

8. Confidentiality: Include when parties wish to keep the termination terms confidential

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the property including any relevant plans

2. Schedule 2 - Original Lease: Copy or details of the original lease and any supplemental documents

3. Schedule 3 - Inventory: List of any fixtures, fittings, or equipment to be removed or left behind

4. Schedule 4 - Settlement Payments: Detailed breakdown of all payments to be made as part of the termination

5. Schedule 5 - Condition Report: Current condition of the property and any agreed repairs or reinstatement works

6. Appendix A - Handover Protocol: Detailed procedure for the physical handover of the property

7. Appendix B - Required Documentation: List of certificates, test reports, and other documents to be provided on termination

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Commercial Real Estate

Retail

Office Space

Industrial

Hospitality

Healthcare

Technology

Financial Services

Professional Services

Manufacturing

Logistics

Warehousing

Relevant Teams

Legal

Real Estate

Facilities Management

Finance

Operations

Risk Management

Property Services

Corporate Services

Administration

Compliance

Relevant Roles

Property Manager

Real Estate Director

Facilities Manager

Legal Counsel

Commercial Director

Chief Financial Officer

Operations Manager

Asset Manager

Property Services Manager

Lease Administrator

Company Secretary

Risk Manager

Commercial Property Lawyer

Business Development Manager

Finance Director

Find the exact document you need

Letter Of Termination Of Property Management Services

An Irish law-compliant formal notice to terminate property management services, including termination terms and transition arrangements.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Early Termination Of Commercial Lease Agreement

Authors

Alex Denne

Find the exact document you need

Letter Of Termination Of Property Management Services

Letter For End Of Contract Notification

End Contract Non Renewal Letter For Work

End Of Lease Agreement Letter To Tenant

Termination Letter Thank You For Your Service

Notice Letter For End Of Contract To Employer

Fixed Term Contract Letter

End Of Contract Notice Letter To Employer

Notice Of Termination Of Fixed Term Contract

Expiry Of Contract Letter

Termination Agreement

Terminate Property Management Agreement

End Of Lease Agreement

Service Cancellation Letter To Customer

House Contract Cancellation Letter

End Of Tenancy Agreement Letter

Cleaning Contract Termination Letter

Non Renewal Of Lease Agreement

Employee End Of Service Letter

Termination Of Services Agreement

Notification Of End Of Contract

End Contract Letter To Employer

House Rent Agreement Cancellation Letter

30 Day Service Cancellation Notice

30 Day Notice Letter To Terminate Contract

Notice Of End Of Probationary Contract

Employment Contract Termination Letter By Employee

Termination Of Contract Due To Poor Performance

Early Lease Termination Letter Due To Job Relocation

30 Day Notice To Cancel Contract

Termination Of Rental Lease Agreement

Commercial Lease Cancellation Letter

Contract Termination Agreement And Release

End Of Temporary Contract Letter

Contract Non Renewal Letter To Employee

Early Termination Of Commercial Lease Agreement

Renew Lease Letter To Landlord

End Of Lease Letter

Lease Non Renewal Letter

Mutual Termination Of Contract

End Of Tenancy Letter

Cancellation Contract

Business Termination Letter

Lease Agreement Termination Letter

End Of Tenancy Agreement

Termination Letter Due To Breach Of Contract

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Commercial

Employment

IP

Administration

Finance

R&D

Use Cases