a commercial lease is a contract with the landlord for the use of the property. when these terms are not part of the contract, you may find yourself at the landlord’s mercy. if you have planned well, you may have an early termination clause in your lease that governs how and when you can break your commercial lease legally. your state may require your landlord to find another tenant to reduce his losses on the rent. your lease is a legally binding contract, and you cannot simply walk away from it unless you have agreed with the landlord to terminate it early.

they need to consider a lot of different factors that is costing them money. if you find yourself in this kind of situation, you may want to start drafting a commercial lease agreement termination letter. in this article, we will be sharing with you how to terminate your commercial lease and what should be included in the letters that you are drafting. you have to make sure that it is brief and that you go straight to the point. you may even choose to go directly to the subject line instead of starting your letter with a header. in this paragraph, you will directly state that the sample letter serves as your  notice that you will not be renewing your lease with the landlord or that you are ending your lease earlier than the expected date.

a lease is a contract binding two or more parties to the terms of the agreement. a commercial lease termination letter is the one that is used in case a commercial piece of property is to be focused on in the process of termination. once you plan to end the lease and write a letter of lease termination, it is essential to know about the important elements. in this paragraph, you should mention that the commercial lease termination letter acts as a notice that you will not renew your lease with the landlord or that you will terminate your lease earlier than the scheduled date. this letter i have written is to let you know that i will not renew the lease on the _________________ [the place the building is located].

businesses that rent commercial space from a landlord must notify the landlord in writing if the lease will not be renewed. a lease termination letter should be sent 30 days prior to the expiration date of the lease unless otherwise specified in the contract. if you are breaking the lease before the agreed termination date you will need to include a reason as well as any justifications you feel are relevant. this commercial lease termination letter is sent from a business owner who plans to vacate a commercial property at the end of the lease term. the commercial lease agreement entered into on january 1, 2010 is set to expire on september 1, 2013. this letter is to inform you that i will not be renewing the lease for the commercial property located at 223 montford drive.