A Lease termination agreement is a legally binding document that allows a tenant and landlord to mutually end a lease before its original expiration date. It clearly outlines terms such as the agreed-upon move-out date, financial obligations, and how the security deposit will be handled. Using a properly drafted Lease termination agreement helps both parties avoid confusion, protect their rights, and ensure a smooth transition under New York housing laws. Proper documentation provides clarity and peace of mind throughout the process.