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Cancellation Of Lease Agreement
WHEREAS a certain lease was executed between __________ (hereinafter referred to as "Landlord") and _________ (hereinafter referred to as "Tenant") and dated on ___________, 20 ___ for the premises more particularly described as follows: ______________; and
WHEREAS, the parties now desire to cancel said Lease;
IN CONSIDERATION OF GOOD AND VALUABLE CONSIDERATION, receipt of which is hereby acknowledged; the above parties hereby agree that said lease will be terminated and canceled effective _______________, 20 ___. As of which time, Tenant agrees to vacate said premises. With the exception of those rights and obligations accruing prior to said date and which have not been exercised, performed or discharged, all rights and obligations of the parties under said lease shall be canceled and discharged as of said date.
This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, their heirs, successors and assigns.
*** If Required By State Law ***
This Section for Notary:
State of _________
County of ________ [COUNTY]
On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
My commission expires: _____