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Sample 1 Sample 2. EARLY TERMINATION CLAUSE. The Landlord will have the right, at any time after the 78th month of the Term including any further extension or renewal thereof, to terminate this Lease on 18 months’ written notice (the “ Termination Notice ”) to the Tenant, for any reason. For clarity the Termination cannot be effective ...
Generally, landlords can legally terminate a lease early, without penalty, in certain situations. If a tenant violates the lease or breaks other laws that impact your property, you may be able to terminate the lease early. For example, if a tenant fails to pay rent, allows a dog to live in the unit in violation of the lease, causes excessive ...
- Information in This Brochure
- About Tenancy Agreements
- When The Tenant Wants to Move: General Rules
- When A Tenant Wants to Move: Ending A Tenancy Agreement Early
The rental contract or agreement between a landlord and tenant is called a tenancy. The Residential Tenancies Act (RTA) has rules on how a tenant can end their tenancy. This brochure provides information about these rules. It is not a complete summary of the law and it is not legal advice. If you need more information, contact the Landlord and Tena...
When a landlord rents to a person, they enter into a tenancy agreement – a contract in which the tenant agrees to pay rent for the right to live in the rental unit. For most tenancy agreements that were first entered into on or after April 30, 2018, the tenancy agreement must be in writing, signed by the landlord and the tenant and the landlord mus...
Giving notice to end a tenancy
If you want to end your tenancy and move out, you must either: 1. give the landlord a written notice, or 2. make an agreement with the landlord to end the tenancy To give notice, you must use the Tenant's Notice to Terminate the Tenancy (Form N9). This form is available in the Forms section at tribunalsontario.ca/ltbor from any LTB office.
Giving notice and termination dates
The notice must tell the landlord the last day you plan to live in the unit, which is called the termination date. You need to give notice even if you are planning to leave on the end date in your agreement. If you don't, the tenancy continues. Fixed-term: If you have a fixed-term tenancy, like a one year lease, then you must give notice at least 60 days before the end of the lease. The termination date cannot be before the last day of the fixed term. If you don't give notice, the tenancy con...
Moving without giving proper notice
If you move out of a rental unit without giving notice or without giving proper notice (for example, you give fewer than the required number of days) you may be responsible for paying the rent until the earlier of these two dates: 1. The date the unit is rented to another tenant 2. The earliest termination date that could have been put in a notice to end a tenancy, if you had given proper notice. Example: You are in a one year-fixed term tenancy and you move out after eight months. You are re...
In most cases, if you agreed to rent the unit for a specific period of time, you cannot move out before the period ends, unless: 1. you and your landlord agree 2. you assign the tenancy (and the unit) to someone else 3. the LTB issues an order ending the tenancy agreement early 4. you are a victim of sexual or domestic violence 5. you entered into ...
Mar 5, 2024 · An early termination fee is typically two month’s worth of rent. Any more would be considered excessive by courts. Many lease clauses include an early termination fee. However, you don’t have to include the option of paying a fee—you may simply require that they pay rent until you find a replacement tenant.
A fixed-term agreement is a legal contract for a pre-set amount of time. Ending the fixed-term tenancy early will break the agreement or break the lease. In this case, the tenant may owe the landlord money. For example, if a tenant has a one-year lease and moves out after two months, their landlord can apply for 10 months' rent as compensation.
Jul 19, 2022 · Early (Mutual) Lease Termination Agreement. An Early (Mutual) Lease Termination Agreement is a negotiated agreement between the landlord and a tenant to terminate a lease before the original lease end date. The agreement may require consideration and will result in the release of both parties from their obligations under the original lease ...
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Sep 12, 2024 · Lease Clauses Allowing Early Termination: Some leases include an early termination clause, which outlines the conditions under which a tenant can break the lease. This may involve providing a certain amount of notice and paying an early termination fee. Landlord Non-Compliance: If the landlord or tenant fails to meet lease obligations, such as ...
