The Commercial Lease Termination Notice is a crucial document used in Hong Kong's commercial property market when a tenant or landlord wishes to formally end a lease agreement. This document must comply with Hong Kong's legal requirements, particularly the Landlord and Tenant (Consolidation) Ordinance (Cap. 7), and should be used when either party exercises their right to terminate the lease, whether at the end of the term or through an early termination provision. The notice typically includes essential information such as property details, termination date, handover requirements, and any financial settlements. It serves as a formal record of the termination intention and helps ensure a smooth transition process while protecting both parties' legal interests. The document is particularly important in Hong Kong's dynamic commercial property market, where clear documentation of lease termination is essential for business and legal purposes.
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1. Sender's Details: Full name and address of the party giving notice (typically the tenant)
2. Date: Date of the notice
3. Recipient's Details: Full name and address of the recipient (typically the landlord)
4. Property Identification: Clear description and address of the leased premises
5. Lease Reference: Details of the original lease agreement including date and parties
6. Notice of Termination: Clear statement of intention to terminate the lease
7. Termination Date: Specific date when the lease will terminate
8. Legal Basis: Reference to relevant lease clause or legal basis for termination
9. Signature Block: Space for signature, name, and capacity of the sender
1. Early Termination Fee: Include when there are break fees or penalties to be paid
2. Handover Requirements: Specific requirements for returning the premises, if different from standard lease terms
3. Security Deposit: Reference to return of security deposit, if applicable
4. Outstanding Payments: Details of any remaining rent or charges to be settled
5. Reinstatement Works: Details of any required restoration of the premises to original condition
6. Forwarding Address: New contact details for future correspondence
1. Schedule A - Inventory List: Detailed list of landlord's fixtures and fittings to be checked during handover
2. Schedule B - Condition Report: Current condition of the premises and any existing damage
3. Schedule C - Outstanding Payments: Detailed breakdown of any remaining financial obligations
4. Appendix 1 - Photographic Evidence: Photos documenting the current condition of the premises
5. Appendix 2 - Handover Checklist: Checklist of items to be completed before surrender of premises
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