________________ [recipient name]
________________ [recipient address line 1]
________________ [recipient address line 2]
Date: _______________ [dd/mm/yy]
Subject: Lease termination letter
Dear ______________ [recipient name]
I am writing this letter to inform you that we wish to terminate the lease deed no_________ (write the lease deed number) signed between _____________ (name of the first party) and __________ (name of the second party) dated____________ (date of signing of lease document).
The reason behind termination of the lease is because of _____________________ (give the genuine reason for which the lease is terminated).As per the agreement the lease was to be renewed on ___________ (date of renewal of the lease) but due to the unfavorable circumstances I am unable to renew it further. You are requested to clear all your outstanding dues of____________________ (mention the amount which is due) before the expiry of the lease. I would like thank you for you long association of _____ (mention the number if month or years for which the lease was operational) with us.
You can please contact use in case if you need any further clarification or details regarding the deed or the termination. Wishing you all the best for your future.
____________________ [here mention the sender’s name]
_____________________ [sender address]