A 30-day notice is a real estate term used when a tenant wishes to vacate a property or when a landlord wants a tenant to leave. It is a courteous document used to give ample time to the party receiving the document to make other arrangements.
Uses
A 30-day notice to end a lease agreement is commonly used in month-to-month leases. It is also used in regular yearly leases. Often a person who is relocating due to his job moving serves this notice to his landlord. A landlord chooses to deliver this notice to a tenant for many reasons including performing remodels to the property or for eviction purposes.
Benefits
This notice allows time for a landlord to replace the tenant without a lapse in rental income. It also allows a tenant sufficient time to find a new place to live if the landlord gives this notice.
Details
A 30-day notice to end a lease agreement contains the names of both parties involved. It also states the date the tenant is moving out or the date by which the tenant is is being asked to vacate. It lists the address of the property and states the intention to terminate the lease by the party filling out the document.
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