You can open the Tenant Buyout Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Tenant Buyout Agreement Template Printable | Editable FormSample
[Name of the Landlord]
[Landlord’s ID]
[Landlord’s Address]
[Landlord’s Phone]
[Landlord’s Email]
[Name of the Tenant]
[Tenant’s ID]
[Tenant’s Address]
This document formalizes the agreement between the Landlord and the Tenant regarding the buyout of the lease for the property located at [Property Address], effective as of [Effective Date].
The Tenant agrees to vacate the premises for the following reasons: [Specify reasons for buyout, e.g., rent concessions, personal circumstances].
The agreed buyout compensation is [Amount], to be paid by the Landlord to the Tenant as follows: [Specify payment terms, e.g., lump sum, installments].
The Tenant shall vacate the property by [Vacate Date] and return all keys and accesses to the Landlord.
The Tenant agrees to leave the property in good condition, normal wear and tear excepted, and will be responsible for any damages incurred during the tenancy.
Upon completion of this agreement and payment of the buyout amount, both parties release each other from any future claims related to this lease agreement.
[Signature of the Landlord]
[Name of the Landlord]
[Signature of the Tenant]
[Name of the Tenant]
[Name of the Landlord]
[Landlord’s ID]
[Landlord’s Address]
[Landlord’s Phone]
[Landlord’s Email]
[Name of the Tenant]
[Tenant’s ID]
[Tenant’s Address]
This agreement outlines the terms under which the Tenant agrees to vacate the rental property in exchange for a financial settlement, effective from [Effective Date].
The Tenant hereby agrees to surrender the premises willingly and vacate by [Vacate Date] due to [Specify reasons].
The total buyout amount is set at [Amount] and will be distributed as follows: [Specify payment terms].
Prior to vacating, the Tenant must ensure the property is clean and in good repair, or face deductions from the buyout amount for damage repairs.
The Tenant agrees to return all keys, access devices, and any items belonging to the Landlord by [Vacate Date].
This agreement constitutes the full understanding between the parties, and neither will pursue further claims from the other post-agreement.
[Signature of the Landlord]
[Name of the Landlord]
[Signature of the Tenant]
[Name of the Tenant]
Form
Please complete the form below to create the Tenant Buyout Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Tenant Buyout Agreement Template 1. Tenant Information 2. Landlord Information 3. Property Details 4. Buyout Amount 5. Payment Terms 6. Reason for Buyout 7. Release of Claims 8. Conditions of Agreement 9. Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
Tenant Buyout Agreement Template Printable | Editable FormPrintable
