RELEASE OF BREACH OF LEASE BY TENANT
Acknowledgement made this between day of ,
(year),
, (hereinafter “Landlord”) and , (hereinafter “Tenant”).
Whereas, by a certain lease dated
day of
,
(year),
and made
between Landlord and Tenant, all those premises described as:
were leased to the Tenant for the term of
(year),
years from the
day of
,
at the yearly rent thereby reserved, and subject to the Tenant’s covenant therein
contained, including the following covenant:
; and Whereas, a breach of the said covenant has been committed, to wit, and the Landlord has agreed to execute such a release of the said breach. Now, therefore, in consideration of $ , receipt of which is acknowledged, the
Landlord waives and releases all existing rights and remedies for damages, forfeiture, or otherwise which the Landlord has or could enforce against the Tenant for said breach or any other breach hereto committed and ratified and confirms said lease; provided that this waiver and release shall not extend to or prejudice any rights of the Landlord in respect of any future breaches by the Tenant.
___________________________________ Landlord