Agreement Letters

Agreement Letter for Termination of Lease

Write this type of letter when you are terminating (ending) a lease of any item or property, such as a vehicle, business equipment, housing rental, or office rental. Include relevant details in your letter, such as what you have been leasing and when you will end the lease.
NOTE: In some lease situations, it is best to obtain legal advice from an attorney before taking action. Inform yourself and seek legal advice when necessary.

[Your letterhead, if desired; if not, your return address]

[Date of letter—month, day, and year]

[Recipient's first and last names]
[Company name]
[Street or P.O. box address]
[City, State ZIP code]

Dear [recipient's name]:

I am writing to inform you that effective May 30, 2010, I will be terminating the lease I began on May 30, 2007 for a 2007 Honda Accord sedan. I understand that on or before May 30, 2010, I should return the vehicle in good condition, along with its keys and other equipment, to the local Honda dealer. I understand that all lease payments should be paid in full before completing the lease and returning the vehicle.

Please let me know if you have questions or if there is anything else I need to do to complete this lease. Thank you for your prompt attention to this matter.