Early Lease Termination Buyout Agreement: End the Lease in Writing With the Number, the Last Day, and the Keys Agreed

Life moved — a job transfer, military orders, a change you did not plan — but your lease did not. Breaking a lease on a handshake leaves the balance, the deposit, and the argument wide open. A clean exit is agreed in writing: the buyout number, what it covers, the last day, and the keys — all signed before anyone moves.

The Early Lease Termination & Buyout Agreement is a 10-page kit built for that exact moment — for tenants who need out and landlords who want it settled fairly, with relief on both sides.

What it is

This is a printable kit, a fillable phone version, and a calculator spreadsheet that work together as one clean-exit system:

  • START HERE — where your files live in your Etsy account, how to open them, and which file is for what
  • Clean-Exit Checklist — read the lease first, check local rules, and, if military, check with your command and legal assistance
  • Termination Terms Worksheet — dates, buyout amount, and exactly what the buyout covers
  • Agreement Worksheet (Parts 1–2) — parties, premises, and mutual release language presented as a template worksheet
  • Move-Out Condition & Deposit Handling — photos, condition notes, and where the deposit goes
  • Payment Schedule — every dollar, dated, down to a $0.00 balance
  • Signature Page — sign only when the terms say exactly what you agreed
  • Delivery & Proof Log — keys counted, copies delivered, forwarding address on file
  • Closeout Checklist — done means done: nothing open, nothing owed, nothing guessed

The fillable PDF version is included — open it on your phone and tap-type into every field. No printing is required.

The Buyout Calculator (.xlsx, for Excel and Google Sheets) keeps the money agreed and visible: remaining rent calculates automatically from rent and months, the net due works out as buyout plus other charges minus any deposit offset, and a payment tracker and deadline log follow the balance to zero, with demo data included so you can see it working in about a minute.

Why it was created

Early exits go wrong in predictable places. The tenant hears the buyout covers everything; the landlord meant it to cover rent only. The deposit offset was discussed but never written down. The last day, the key return, and the forwarding address live in three different text threads. Months later, a balance neither side expected shows up — with no signed page to settle it. This kit was created to put the whole agreement on paper before the move: one terms worksheet where what the buyout covers is spelled out, one calculator where both sides can see the same math, one payment schedule to zero, and one closeout checklist so the end of the lease is actually the end.

Who it’s for

  • Tenants who need to leave early for work, military, family, or life changes
  • Landlords who would rather agree a fair buyout than chase an empty unit’s rent
  • Property managers who want the same documented exit process for every unit
  • Military members and families — with the kit’s own reminder to check with command and legal assistance on your specific situation

How to use it

Start with the Clean-Exit Checklist: read your signed lease first, check your local rules, and note any early-termination clause that already exists. Build the proposal on the Termination Terms Worksheet — dates, buyout amount, and exactly what it covers — and run the numbers in the calculator together so both sides see the same remaining-rent and net-due math. Complete the Agreement Worksheet only with terms both sides actually accept, document move-out condition with photos, and set the deposit handling in writing. Follow the Payment Schedule to a zero balance, use the Signature Page only when the document says exactly what was agreed, and finish with the Delivery & Proof Log and Closeout Checklist — keys counted, copies in both hands, forwarding address on file.

This kit is a template worksheet and organization tool. It is not legal advice, consult an attorney about your situation. Lease termination, buyout, deposit, and notice rules vary by lease and by local law — always check your signed lease and your local rules.

Get the kit

KEYS BACK. NOTHING OWED. Get the Early Lease Termination & Buyout Agreement for $14.95, or find DealShore on Etsy.

Get free sample pages + new kit alerts — email contact@dealshore.com

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