How To Use
This document finalizes an old Landlord/Tenant/Lease situation and extinguishes the liabilities between the parties. It is not always done but is a helpful form of legal well being.
- Keep signed copies with the original Lease it relates to. This is normally your last legal dealing with the Lease in question so you can put these final papers in permanent storage, as a rule, after this document is completed and signed off on by both parties.
- If you are the Landlord, this document may have some value for a New Tenant in this space. Otherwise, it is rarely used in an active capacity after signature.