VIEWS: 288 PAGES: 5 CATEGORY: Real Estate POSTED ON: 12/5/2011
This is an agreement entered into between a commercial tenant and a commercial property owner to cancel a current lease. For this agreement to be valid, both parties must voluntarily consent to the cancelation. The agreement contains essential provisions, such as the security deposit, terms of the termination, and ongoing liabilities. This document should be used by commercial property owners or commercial tenants who want to cancel an ongoing lease agreement.
"Mutual Cancellation of Commercial Lease"