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Termination of Lease ObligationTermination of Lease Obligation
This release agreement made on [date], by [name of lessor] , of [address] ,
City of [city] , County of [county] , State of [state] , herein referred
to as "Lessor", and [name of lessee], of [address] , City of [city] ,
County of [county] , State of [state], herein referred to as "Lessee".
On [date] , a lease agreement was executed between lessor and lessee for
the premises located at [address] ,a copy of which is attached hereto and
made a part hereof.
[facts giving rise to this release]
The parties desire to settle all claims of lessor with respect to said
lease and to terminate all obligations of either party thereunder.
Therefore, in consideration of [amount] ($ ) Dollars, from lessee,
receipt of which is hereby acknowledged, lessor does hereby release lessee
from all obligations and duties of lessee set forth in the above referenced
lease. and lessor, for himself, his heirs, his legal representatives and
his assigns also releases lessee, his heirs, his legal representatives and
his assigns from all claims, demands and causes of action that lessor had,
has or may have against lessee or against his heirs, legal representatives
or assigns in regard to said lease.
In consideration of the release set forth above, lessee hereby surrenders
all rights in and to the subject leased premises. That possession of said
premises shall be delivered up to lessor immediately upon the execution of
this instrument, and that lessor is relieved of any responsibilities or
obligations under the aforementioned lease.
In witness whereof, the parties to this agreement have executed this
instrument at [place of execution] this [day] of [month] , [year]
Sales of Boston condos at Ink Block's Sepia building are approaching 70 percent! Buy Your Boston Condo Before It's Too Late!
New England Development sure looks like it made a very wise call when it decided last year to add some new downtown boston condos to the mix at Boston's much-anticipated Ink Block development.
At the time, some real estate insiders had wondered whether the Boston condo market was truly ready for newly constructed luxury condos, assuming instead that building more high-end apartment was the safer way to go.
But advance sales of luxury condos in the Sepia building, within the much-anticipated Ink Block development in Boston's South End, are approaching 70 percent - and now the developer is weighing whether to add more condos to the project.
Sue Hawkes, president of The Collaborative Companies in Boston, the sales representative for Ink Block, said there's still a "strong mix" of condos available within the eight-story Sepia - studios, one-, two- and three-bedroom units.