Lease Agreement RELEASE Form | Sample

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Updated June 03, 2022

A lease agreement release form allows a landlord and tenant to mutually release each other from any obligations or liabilities related to the lease. Typically, the landlord will charge a fee for the release that is equivalent to one (1) month’s rent. A move-out date should be entered into the release and, once signed, the agreement is final and both parties will be fully released from one another.

Security Deposit

In some cases, the landlord will use the tenant’s security deposit as a fee for the release. Beware that the landlord may not grant a full release without payment.

Sample – Lease Release Form

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How to Write a Lease Release Form

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I. The Parties

(1) Document Date. The calendar date of this release form should be attached to this document through the first statement.

(2) Landlord. Present the full name of the Landlord participating in the lease this release concerns. Make sure to include his or her full mailing address. In most cases, the Landlord’s formal mailing address can be found on the lease he or she will release the Tenant from completing.

(3) Tenant. The name of every Tenant who this document shall release from the original lease must be presented so this paperwork can function correctly. List the formal name of each Tenant being released along with his or her complete address. If there is not enough room, you may use your editing program to extend the space provided or issue a separate release for each concerned Tenant (recommended).

II. Original Lease

(4) Original Lease Date. It is imperative that the lease the Landlord and Tenant intend to terminate is properly identified in this release. Therefore, the effective date of the lease holding the Landlord and Tenant to the premises being rented should be transcribed from the original document to this one. This is often the final signature date or the effective date of the original lease and can be through a basic review of the paperwork.

(5) Leased Premises. The property currently under the original lease should be identified through a report on its physical address. Record the address of the leased property as it appears in the original lease.

III. Consideration

(6) Release Payment. In most cases, a release from an original lease agreement can offset the Landlord’s finances. To control the costs of the lost money, a consideration for such release of rent payment(s) is often warranted. Produce the exact dollar amount the Tenant should pay the Landlord in exchange for being absolved of completing the current lease.

IV. Move-Out

(7) Move-Out Date. The precise date that the Tenant(s) being released will be expected to move out and remove all of his or her property from the premises should be established in the ninth article.

(8) Forwarding Address. Naturally, it is likely the Tenant will no longer be leasing the premises named in the original lease,  residing on the concerned premises, and receiving mail. Thus, a presentation of the Tenant’s new mailing address must be submitted for the record.

V. Execution

(9) Signature Of Landlord.The Landlord who has issued the original lease must sign this release.

(10) Landlord’s Signature Date.

(11) Landlord’s Printed Name.

(12) Tenant’s Signature. The concerned Tenant can only be released from the original lease if he or she signs this document. Once done, the Landlord will no longer be obligated to rent the premises to the Signature Tenant past the move-out date.

(13) Tenant’s Signature Date.

(14) Printed Name Of Tenant.