Agreement to Terminate a Tenancy (Form N11)

As a tenant, there may be times when you need to terminate your tenancy agreement. This could be for a variety of reasons, such as relocating for a new job opportunity, downsizing to a smaller property, or moving in with a partner. Whatever the reason may be, it is important to understand the process for terminating your tenancy agreement.

The Agreement to Terminate a Tenancy (Form N11) is a legal document that allows a tenant and landlord to terminate a tenancy agreement before the end of its term. This form can be used for both fixed-term and periodic tenancy agreements. It is important to note that both parties must agree to terminate the tenancy for this form to be valid.

When completing Form N11, both the tenant and landlord must provide details of the tenancy agreement, including the address of the rental property, the start and end date of the tenancy, and any special conditions agreed upon in the original contract.

It is important to carefully review the terms of the tenancy agreement and ensure that all conditions are met before signing the form. Any outstanding rent or damages must be addressed before the tenancy agreement can be terminated. Once both parties have signed Form N11, the tenant has 30 days to vacate the property.

It is important to note that terminating a tenancy agreement before the end of its term may result in financial penalties. The landlord may require the tenant to pay a fee for breaking the lease early. It is also important to note that terminating the tenancy agreement may impact the tenant`s credit score and rental history, which could make it more difficult to secure future rental agreements.

Overall, the Agreement to Terminate a Tenancy (Form N11) is an important legal document that provides a clear process for terminating a tenancy agreement early. Both the tenant and landlord must agree to terminate the agreement, and all outstanding rental payments and damages must be addressed before signing the form. If you are considering terminating your tenancy agreement, it is important to review the terms of the agreement and seek legal advice if necessary.