Iowa Mutual Cancellation of Commercial Lease

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					                   MUTUAL CANCELLATION OF LEASE (IOWA)


FOR GOOD CONSIDERATION, __________________________ [NAME OF LESSOR], as Lessor, and
_____________________________ [NAME OF LESSEE], as Lessee, under that certain lease agreement
between the parties dated the _____ day of ______________, _______, for the premises located at
_____________ [ADDRESS], ___________ [CITY], Iowa, (the "Lease") do hereby mutually agree to
terminate and cancel the Lease effective the _____ day of ______________, _______ and all rights and
obligations of the parties under the Lease shall thereupon be cancelled excepting only for any obligations
under the Lease accruing prior to the effective termination date.


This agreement shall be binding upon the parties and their respective successors, assigns and personal
representatives.



DATED at _______________________, Iowa this _____ day of ______________, _______.

[NAME OF LESSOR]                                     
				
DOCUMENT INFO
Description: Cancel a business lease of office or retail space with this Iowa Mutual Cancellation of Commercial Lease template. - This agreement is for commercial tenants only. You need a different form for residential rental properties. - Both the lessor and lessee mutually agree to terminate the lease as of a specific date. - The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date. This Iowa Mutual Cancellation of Commercial Lease form is available as a downloadable and fully editable Word file.
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