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The early lease termination agreement is for tenants that would like to get out of their contract for residential property that they have no intention of renting further. The landlord may not accept the cancellation, as it usually is a violation of the original lease contract, and in doing so may require that the tenant have to sacrifice their security deposit or pay a fee to get out of the legal contract. Once an agreement has been established for the termination both parties should sign the agreement and it will usually suggest the date the tenant must be out of the property.

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