Document background
The Month To Month Lease Termination document is essential for properly concluding periodic rental agreements in India. It's commonly used when either party wishes to end a month-to-month tenancy, requiring compliance with the Transfer of Property Act, 1882, and state-specific Rent Control Acts. This document becomes necessary when either the landlord or tenant decides to terminate the lease, typically requiring a 15-30 day notice period as per Indian law. It includes crucial information such as property details, termination date, surrender conditions, and security deposit arrangements. The document serves both residential and commercial properties, providing legal protection for all parties involved while ensuring adherence to local housing regulations and property laws.
