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End Of Lease Agreement
"I need an End of Lease Agreement for my residential property in Cape Town, South Africa, where my tenant is leaving on March 31, 2025, and we need to document the security deposit return process and final inspection requirements."
1. Parties: Identification of the Landlord and Tenant, including full legal names, identity numbers, and contact details
2. Background: Brief overview of the original lease agreement, its commencement date, and the reason for termination
3. Definitions: Key terms used in the agreement, including 'Premises', 'Original Lease', 'Termination Date', and 'Security Deposit'
4. Termination Date: Specific date when the lease will terminate and confirmation that both parties agree to this date
5. Property Inspection: Details of the final inspection process, timing, and participation requirements for both parties
6. Tenant Obligations: List of tenant responsibilities including property restoration, repairs, and cleaning requirements
7. Security Deposit: Process for security deposit return, including deductions, timeline, and payment method
8. Outstanding Amounts: Provisions for settling any outstanding rent, utilities, or other charges
9. Keys and Access Devices: Requirements for returning all keys, access cards, and security devices
10. Final Meter Readings: Process for recording final utility meter readings and settling utility accounts
11. Notices: Contact details and addresses for any future correspondence
12. Governing Law: Confirmation that the agreement is governed by South African law
1. Early Termination Provisions: Used when the agreement is ending before the original lease term, including any penalties or special conditions
2. Commercial Property Provisions: Specific requirements for commercial properties, including signage removal and business premises restoration
3. Fixtures and Fittings: Detailed section about handling tenant-installed fixtures, needed when significant modifications were made
4. Forwarding Address: Section for recording tenant's new address, particularly important for international tenants
5. Sub-tenant Provisions: Required when there are sub-tenants involved who need to vacate
6. Property Marketing: Provisions for property viewing access if the landlord plans to re-let immediately
1. Schedule A - Property Condition Report: Detailed documentation of the property's condition at termination, including photographs
2. Schedule B - Inventory List: List of landlord-owned furnishings and items to be checked during final inspection
3. Schedule C - Utility Account Details: List of all utility accounts and final reading records
4. Schedule D - Damage Assessment: If applicable, detailed assessment of any damage and repair costs
5. Schedule E - Security Deposit Calculation: Detailed breakdown of security deposit deductions and calculations
6. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement for reference
7. Appendix 2 - Inspection Photographs: Date-stamped photographs documenting property condition at termination
Authors
Original Lease
Premises
Property
Landlord
Tenant
Termination Date
Effective Date
Security Deposit
Common Areas
Final Inspection
Property Condition Report
Utilities
Outstanding Amounts
Notice Period
Business Day
Lease Period
Rental Amount
Municipal Charges
Access Devices
Fixtures and Fittings
Fair Wear and Tear
Reasonable Repair
Schedule of Damages
Vacate Date
Settlement Date
Occupation Period
Competent Authority
Parties
Representatives
Termination
Property Inspection
Security Deposit
Final Settlement
Access and Keys
Property Restoration
Utilities and Services
Outstanding Payments
Forwarding Address
Damages
Maintenance
Cleaning Requirements
Personal Property Removal
Dispute Resolution
Notices
Compliance
Indemnification
Severability
Entire Agreement
Governing Law
Force Majeure
Assignment
Property Marketing
Abandonment
Confidentiality
Mutual Release
Representations and Warranties
Third Party Rights
Costs
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Industrial
Hospitality
Office Space
Agriculture
Education
Legal
Property Management
Operations
Facilities
Real Estate
Asset Management
Tenant Relations
Compliance
Administration
Maintenance
Property Manager
Real Estate Agent
Legal Counsel
Facilities Manager
Leasing Manager
Property Administrator
Asset Manager
Operations Manager
Tenant Relations Manager
Contract Administrator
Real Estate Portfolio Manager
Property Maintenance Supervisor
Compliance Officer
Estate Agent
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