Template - LETTER OF MUTUAL CANCELLATION OF LEASE
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Writing well, just like speaking well is a valuable communication skill especially when it comes to business matters.
Business letters tend to be more formal and are often sent to people we don’t know. They need to convey the right tone - whether it be authority, disagreement, satisfaction or gratitude.
Whenever you write to a prospect, customer, supplier or an employee it is vital to present aprofessional document so you can make the right impression.
To get you started, we've prepared a list of standard business letter templates. You can use them freely for your own use with our compliments.
You are not permitted to reproduce these letters on any medium for public display or re-sale.
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FOR GOOD CONSIDERATION, _ [Lessee], and _ [Lessor], under a certain lease agreement between the parties under date of _, 20_ [Lease], do hereby mutually agree to terminate and cancel said Lease effective _, 20_ and all rights and obligations under said Lease shall thereupon be canceled excepting only for any obligations under the Lease accruing prior to the effective termination date.
This agreement shall be binding upon the parties, their successors, assigns and personal representatives.
Signed under seal this _ day of _, 20_.
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