Cancel Lease Sample

This Agreement to Cancel Lease (herinafter "Agreement") is entered into this ____ day of ________, 20___ by and between:

The Lessor:

In regards to the Property:

WHEREAS the Landlord and the Tenant executed a lease dated ____________, _____ 20____ (herinafter "Lease") of the Premises but the parties now wish to cancel the Lease; It is agreed as follows:

TERMS

1. In return for the Tenant vacating the Premises on or before ____________, _____ 20____ (herinafter "Termination Date"), the Lease is cancelled effective that date and the parties will have no further obligation to each other under the Lease.

2. Nothing in this agreement operates to discharge obligations and liabilities accrued under the Lease up to the date of its cancellation.

3. If the Tenant does not vacate the Premises on or before the Termination Date, this agreement is null and void and the Lease shall continue as before.
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