Surrender of Lease - Australia by PrestigeLegalDoc

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									                             SURRENDER OF LEASE
                                 AUSTRALIA

THIS AGREEMENT made effective as of the _____ day of ______________, _______.
BETWEEN:
_____________________ residing at ______________________________ (the “Landlord”)
and
______________________ residing at___________________________ (the “Tenant”)

WHEREAS:

A. The Tenant leased Property located at ________________________ (“Property”) from the
Landlord
for a
Term commencing on the ____ day of __________________, __________, and expiring on the
____ day of __________________.

B. The Tenant wishes to terminate the Lease and to surrender and release the Property to the
Landlord on and from ______________________(“Surrender Date”)

THEREFORE, in consideration of and conditional upon payment by the Tenant to the Landlord
of the $____________and forfeiture of the Tenant’s deposits on hand of $_______________
and all accrued interest thereon (if any), the Tenant and the Landlord hereby agree as follows:

1. The Tenant hereby forever and irrevocably surrenders and yields to the
Landlord, and its successors and assigns, all of the Property with the intent that the unexpired
remainder of the Term created by the Lease shall be merged and surrendered and the Lease shall
be cancelled, terminated and surrendered as of the Surrender Date.

2. All the interests of Tenant in the Property by virtue of the Lease may be absolutely
extinguished from the Surrender Date.

3. The Tenant hereby releases the Landlord from all obligations arising under the Lease. The
Landlord shall be entitled to take possession of the Property at any time after giving to the
Tenant seven days notice in writing.

4. This Agreement shall be governed by the laws of ___________________, Australia.

Executed by the parties hereto as an Agreement this day of ___________, 20__

Name of Landlord_________________________________
Printed Name:____________________________________


Name of Tenant_________________________________

© Copyright 2010 Docstoc Inc.                                                          1
Printed Name:____________________________________


In the presence of :
)
Witness Signature
Name of Witness (print)
Address
Occupation




© Copyright 2010 Docstoc Inc.                       2

3. The Tenant hereby releases the Landlord from all obligations arising under the Lease. The
Landlord shall be entitled to take possession of the Property at any time after giving to the
Tenant seven days notice in writing.

4. This Agreement shall be governed by the laws of ___________________, Australia.

Executed by the parties hereto as an Agreement this day of ___________, 20__

Name of Landlord_________________________________
Printed Name:____________________________________


Name of Tenant_________________________________

© Copyright 2010 Docstoc Inc.                                                          2
Printed Name:____________________________________


In the presence of :
)
Witness Signature
Name of Witness (print)
Address
Occupation




© Copyright 2010 Docstoc Inc.                       3

								
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