NT business landlords, if you and your tenant agree to cancel an existing lease on office or retail space, prepare a Mutual Cancellation of Commercial Lease with this easy-to-use template.

This Cancellation of Lease form is used to terminate a commercial lease agreement and extinguish all rights and obligations of the parties except for those which accrue prior to the termination date. Both the lessor (landlord) and lessee (tenant) mutually agree to terminate the lease as of a specific date.

This Northern Territory Mutual Cancellation of Commercial Lease form is provided in MS Word format and is easy to fill in and print.