NSW Mutual Cancellation of Commercial Lease

THIS FORM IS NO LONGER AVAILABLE.

Surrender the balance of a business lease with this Australia Surrender of Lease form for commercial or retail premises.

• The parties agree that the tenant will surrender the premises and the lease will be cancelled and terminated.
• The tenant will pay the landlord an agreed sum to terminate, and will forfeit all security ⁄ damage deposits.
• The landlord and tenant both agree to honor their obligations under the lease until the effective date of the surrender.
• The tenant will remove its trade fixtures and specified leasehold improvements.

Notify your business tenants that their leases have been transferred to a new landlord with this Notice of Assignment form for Australia.

Purpose of Notice of Assignment

The landlord of the commercial rental building gives notice to all the leasehold tenants following the sale of the premises to a new owner. The Notice form also informs the tenants that rent is now to be paid to the new landlord, and gives contact details for payment.

Template Features

This Notice of Assignment form can be saved as a template and re-used as often as you require. The form is fully editable and can be used in any state or territory by filling in the appropriate information.

Legal Jurisdiction

The Notice of Assignment template is intended for use only within Australia.