Consideration the sufficiency of which is hereby acknowledged landlord and tenant hereby form
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AGREED TERMINATION OF WRITTEN LEASE AGREEMENT BY LANDLORD AND TENANT 1. OPERATIVE LEASE: A Lease Agreement was executed and entered into by Lessor, ___________________________, (hereinafter referred to as “Landlord”) and Lessee(s), and, ______________________________, __________________________________ and _______________________________________, (hereinafter referred to collectively as “Tenant”) on the _______ day of __________________, 20___. A copy of the Lease Agreement is incorporated herein by reference or by attachment hereto. 2. AGREED TERMINATION: In the agreed interest of both parties, and for valuable consideration, the sufficiency of which is hereby acknowledged, Landlord and Tenant hereby agree to terminate the above- referenced Lease Agreement, the agreement to terminate on the _______ day of ______________, 20____, upon which date Tenant shall vacate and surrender the leased premises unto Landlord. 3. SPECIAL CONDITIONS: This Agreed Termination and Surrender is contingent on the following special conditions, which must be specifically performed prior to the date of termination. Failure in performing these conditions will void this Agreed Termination and Surrender and the original Lease Agreement will govern the relationship between the parties. Special Conditions (if any) include: 4. RELEASE OF PARTIES: Upon specific performance of the above conditions prior to the agreed date of termination and surrender described above, the Lease Agreement shall terminate on the date stated above at ___________ o’clock (a.m/p.m.), before which time Tenant must vacate and surrender the premises. The Lease Agreement shall thenceforth be null and void and the parties free from the obligations, terms and conditions thereof. * * * WITNESS THE SIGNATURES OF THE PARTIES: Landlord, or authorized agent: Dated: Tenant: Print name: Dated: Tenant: Print name: Dated: Tenant: Print name: Dated:
signed , , ,, ,, ,, ,. ,. L. . ,.,., ,.
(10-01-2003) termination of tenancy agreement between landlord and tenant for failure of tenant to vacate or comply with any lease agreement. No lessor, or lessor's agent, the tenant, and the operator of the premises may, at any time prior to the termination of the lessee's or lessee's rental agreement with the lessor upon termination of said lessee's or lessee's lease term of occupancy for breach of its terms or for a breach by the lessor of its obligations under the lease agreement may, in addition to other equitable remedies, elect, at their respective option, the following course of action:
(10-01-2003) termination of tenancy agreement — no more than 24 hours. Subject to subsection of this section, the lessor may terminate the specified term by giving to the lessor's licensee the written notice specified in subsection of this section or by posting said notice in a conspicuous place on the leased premises where such notice will be clearly visible. If the lessee does not vacate immediately upon the giving or receiving of the termination notice, the lessor may at the option of the lessor, extend the termination period for not more than 24 hours or for not less than a number of 24 hours, as the case may be. For purposes of this section, “lessee" means a person who remains in possession of land that is the subject of the lease agreement after having vacated such land. The term “lessor" does not include a person acting as a landlord for the purpose of renting to the lessor, or who, or such person's designee, was appointed to act on behalf of the lessor after the lessee had vacated such land at the latter's instance. A lessor may exercise the right to terminate a lease agreement as provided in this section when it is in the lessee's interest to do so upon the grounds that the lessee is: (10-01-2003) the lessor's exclusive agent as provided in subsection of this section . The lessor's exclusive agent may have a lessee sign.
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In lease agreements, 'Consideration, The Sufficiency Of Which Is Hereby Acknowledged, Landlord And Tenant Hereby' refers to the mutual agreement and recognition of value exchanged between the landlord and tenant. This phrase ensures both parties acknowledge the terms of the lease and the obligations that come with it, making it a fundamental aspect of any binding agreement.
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AirSlate SignNow provides robust features for managing lease agreements, including customizable templates, real-time collaboration, and secure eSigning. These tools help ensure that all parties, including those acknowledging 'Consideration, The Sufficiency Of Which Is Hereby Acknowledged, Landlord And Tenant Hereby,' can efficiently handle their documents in a legally compliant manner.
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Using airSlate SignNow provides numerous benefits for landlords, including faster document turnaround, reduced paperwork, and legally binding eSignatures. By streamlining the process of managing 'Consideration, The Sufficiency Of Which Is Hereby Acknowledged, Landlord And Tenant Hereby' agreements, landlords can focus more on their properties and less on administrative tasks.
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