The Steps to Terminate a Lease Agreement in South Africa
Can a lease agreement be Cancelled?
Both the parties have to be present in person at the time of surrendering a lease. A lease agreement can be cancelled either by the landlord or by the tenant or by both, as per the need.
How do I legally end a tenancy agreement?
You can only end your fixed term tenancy early if your agreement says you can or by getting your landlord to agree to end your tenancy. If your agreement says you can end your fixed term tenancy early, this means you have a ‘break clause’. Your tenancy agreement will tell you when the break clause can apply.
How a lease can be terminated?
- Lapse of time: When the prescribed time of the lease expires, the lease is terminated.
- Specified event: When there is a condition on time of lease depending upon a happening of an event.
- Interest: Lessor’s interest to lease the property may cease, hence resulting in the termination of the lease.
How do I write a lease termination letter in South Africa?
When writing a 60-day lease termination letter, include the date of the notice, the date the lease will end, landlord and tenant contact information, the key terms of the original lease, and the reason for termination. Make sure the date on the termination letter is at least 60 days before the move-out date.