First and foremost, the purpose of our free termination of lease agreement is to end a fixed term lease before its specified end date. A lease termination letter is a notice that can be used to end a lease agreement early or to confirm that an expiring lease term will not be renewed.. If you want to break the lease before the end of the contract, this requires a … Letter of termination of lease is initiated by the landlord. Unless the alleged breach is of this character the tenants' remedy lies in damages for breach of its contract - not in rescission of the lease agreement. The termination of the lease agreement should be in tune with the provisions agreed upon in the contract letter. The outbreak of the coronavirus epidemic in China, along with numbers of governmental restrictions on travelling, returning to work, opening of business etc. Write this type of letter to notify the letter recipient that you are terminating a rental agreement, or to communicate some other information regarding the termination of a rental agreement. Hong Kong includes 426 square miles of territory in the South China Sea, and it is today one of the most densely occupied and economically independent parts of the world. This is a letter that can be used by a tenant to give notice to end a tenancy. Title: Microsoft Word - Receipt for Payments upon Termination of Contract rev01.doc Author: Kingdom & Power Employment Centre Limited Created Date You will likely need to modify this letter sample at least somewhat so that it … XV. What You Should Know Before Using Our Early Lease Termination Letter. The law governing property lease in Hong Kong, as well as the relationship between the landlord and the tenant, is the Landlord and Tenant (Consolidation) Ordinance.However, the two signatory parties are free to determine their own terms of lease and tenancy, as long as they do not infringe the laws in force, especially those in the aforementioned Ordinance. ESTATE AGENCY AGREEMENT FOR LEASING OF FORM 5 RESIDENTIAL PROPERTIES IN HONG KONG (for use between an estate agent and a landlord) GENERAL CAUTION : Read this Agreement carefully and follow its instructions. For this sixth edition of Hong Kong Tenancy Law, revisions have been made to parts of the text concerning oral tenancy agreements, short leases, registration of leases, the term of the lease, exemption clauses, the tenant’s representative on management committees, repairs, relief against forfeiture, vacant possession and damages. Hong Kong-Central-68 Des Voeux Road Lease - Man Hing Hong Land Investment Co. Ltd. and Sina.com (Hong Kong) Ltd. (Dec 19, 2002) Ontario-Nepean-7 Capella Court Sublease [Amendment] - Optiwave Corp., Zix Corp. and Waidt Construction & Developments Ltd. (Nov 19, 2002) It is another common problem in Hong Kong that tenancy agreements do not explicitly provide for the conditions of the property to be handed over back to the landlord at the time of termination or expiry of the tenancy agreement. It is often an issue for domestic workers to find a new employer in the 14-day period and many are forced to return to their home country. If you cast aside the romance, a fixed term lease is almost like a marriage with a time limit - You have two parties coming together to form a legally-binding relationship. A contract of employment may be terminated by the employer or employee through giving the other party duenotice or payment in lieu of notice. C. Termination of employment and the relevant payments Regardless of whether you are an employer or employee, you should give either formal advance notice or wages in lieu of notice to your existing employer/ employee for the termination of an employment contract. Employee Termination. Chapter 9: Termination of Contract of Employment. Please note that the letter should be prepared in accordance with the lease agreement and not to violate its terms. I have communicated with my landlord by email in the past. Making a termination letter can be a daunting and complex process. View advice forums and more, or create a new discussion topic for free online today. A rental lease in Hong Kong is usually for two years, with a break clause after one year with two or three months’ notice. Leases in Hong Kong typically contain rights for the landlord to forfeit the lease for non-payment of rent, breach of covenant and certain events of insolvency. For a surrender of lease to work, you need both parties to give the green light. This documents forms part of Cross-border employment . Online Notification Information on online submission is available here. Estate agents in Hong Kong have been licensed since January 1999, regulated by a governing ordinance (the Estate Agents Ordinance) and monitored by a body known as the Estate Agents Authority or EAA. This Lease Termination Agreement is between a landlord and tenant who desire to terminate a lease before the end of its term. The document provides a simple template that enables a tenant to give the necessary notice, request the deposit to be repaid by preferred method, and to resolve outstanding issues such as vacation. Anticipate lease-breakers and include a set fee in the lease agreement based on the estimate time it will take to get a new tenant to rent out the property. There are some questions I've been wondering about serving the notice to my landlord once I've found a new flat. To access this resource, sign in … This break clause gives either or both parties the option to terminate the agreement prior to the lease expiry date. If you want to end a month-to-month or weekly tenancy, use our eviction notice instead.. As a reference, a Lease Termination goes by several other names: Early Lease Termination Letter Not only the SMEs but also large-scale enterprises may face unexpected and very heavy financial burdens during this difficult period not yet seeing its end. Partnership Termination Letters; Sample Termination Letters; You do need to keep in mind that there are some factors to consider when writing lease termination letters.Whichever party you yourself happen to be, you would need a good reason for writing such a letter in the first place, so as to avoid any potential legal complications. E-mail address for enquiries: [email protected] If you or your domestic helper decided to terminate the contract ahead of time, you legally need to draw up a termination letter where you state the new date of ending her employment and the reason(s). Browse Hong Kong expatriate forums and navigate threads at AsiaXPAT. If the registered consumer of a domestic account registered in personal capacity will soon leave Hong Kong for good and is unable to await the refund of the deposit balance (not exceeding $500), he/she may visit our Wan Chai Customer Enquiry Centre with his/her Hong Kong Identity Card or passport, the deposit receipt (if any) and any relevant documents in support of his/her departure. The length of notice or the amount of payment in lieu of notice required are: We have a number of employee termination letters and contract termination letters for employees and companies. The ease agreement should include specific and acceptable reasons for early lease termination, and the fees should be justified by real estate laws and be reasonable based on the actual profit loss. This agreement sets out the name of the parties, the date of the lease and any obligations under the lease which will survive the termination. Wan Chai, Hong Kong In person Receipt and Dispatch Unit Immigration Department 2/F Immigration Tower 7 Gloucester Road Wan Chai, Hong Kong By fax Please fax the completed ID 407E or notification letter to (852) 2157 9181. While terminating an employee in Hong Kong is not as complex of an affair as it can be in other jurisdictions, employers are advised to pay close attention to all such requirements in place, as they are enforced by the Hong Kong Labor Department and companies in violation of rules will be subject to fines. You can draft your termination of lease letter yourself using an online template or you can hire an attorney to draft the letter for you. See also Practice note, Mutual termination agreements (employment): International. Drafting a termination letter for domestic helper. In 1997, the British handed Hong Kong back to China, the end of a 99-year lease and an event that was dreaded and anticipated by the residents, Chinese, English, and rest of the world. The termination of lease agreement denotes fulfilling the term of contract successfully. If you are ending a month of month lease, you should use our 30 day notice to vacate instead. The so-called “two-week rule” states that after termination of contract and the notice period, foreign domestic workers need to leave Hong Kong within 2 weeks. A well-drafted termination letter allows you and your tenant to agree upon a lease termination date and helps you avoid bringing an eviction, or unlawful detainer, proceeding in court.