Termination of Lease Obligation

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date:

{{date}}

Subject: Termination of Lease Obligation

Dear {{employee_name}},

1. Introduction

This letter serves to formally notify you of the termination of the lease obligation provided by {{company_name}} for the property located at {{property_address}} (hereinafter referred to as 'the Property'). This decision is in accordance with the terms outlined in your employment contract and/or the lease agreement signed on {{lease_start_date}}.

2. Effective Date of Termination

The termination of the lease obligation will be effective as of {{termination_date}}. You are required to vacate the Property on or before this date. Please ensure all personal belongings are removed by this time.

3. Handover Procedures

Prior to vacating the Property, you are required to ensure that it is left in a clean and habitable condition, consistent with its state at the commencement of the lease, reasonable wear and tear excepted. A final inspection of the Property will be conducted on {{inspection_date}} at {{inspection_time}}. Please arrange to be present or appoint a representative to attend on your behalf. Any damages beyond reasonable wear and tear will be assessed and may be deducted from any outstanding dues or a separate invoice will be issued.

4. Return of Keys

All keys, access cards, and any other entry devices for the Property must be returned to {{company_representative_name}} at {{company_representative_office_address}} by {{key_return_date}}.

5. Outstanding Payments/Refunds

Any outstanding utility bills, service charges, or other payments related to your occupancy of the Property up to the termination date will be your responsibility. Similarly, any refundable deposits, where applicable, will be processed and returned to you within {{number_of_days}} days after the final inspection, subject to any deductions for damages or outstanding payments.

6. Contact Information

Should you have any questions or require clarification regarding this termination, please do not hesitate to contact {{hr_contact_person}} in the Human Resources Department at {{hr_contact_phone}} or {{hr_contact_email}}.

7. Acknowledgment

Please sign and return the attached copy of this letter to acknowledge your receipt and understanding of these terms.

Sincerely,

{{company_representative_name}}

{{company_representative_title}}

{{company_name}}

Acknowledgment of Receipt:

I, {{employee_name}}, acknowledge receipt of this letter and understand the terms and conditions outlined herein.

___________________________

Employee Signature

{{date}}