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Form #1160Cancellation of Lease 3
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CANCELLATION OF LEASE
WHEREAS a
certain lease was executed between ________________________________
(hereinafter referred to as “Landlord”) and
____________________________________ (hereinafter referred to as “Tenant”) and
dated on _________________________ 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 ____________________ (Date). 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.
Dated:
_________________
__________________________
__________________________
Landlord
Tenant
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