Termination of Memorandum of Lease
(Commercial Lease) (CA)

Summary

This template termination of memorandum of lease may be used to terminate a recorded memorandum of lease for California commercial real property. This template contains practical guidance, drafting notes, and an alternate clause. A memorandum of lease is recorded in the office of the county recorder in the county where the leased premises is located to give third parties notice of the existence of the lease. When the lease either expires or is terminated, a termination of memorandum of lease may be recorded by the landlord to clear title to the leased premises. If the lease allows the parties to record a memorandum of lease, the landlord should always require the tenant to execute a termination of the memorandum when the lease expires or is terminated. For information on recording documents in California, see Recording Procedures (CA). See Commercial Leases (CA) and Commercial Real Estate Leasing (CA) for information about the use of memoranda of leases in commercial leasing in California. For a template of a California memorandum of lease, see Memorandum of Lease (CA). For guidance on office leasing in California, see Office Leasing Resource Kit (CA). For further information on commercial leasing, see Industrial Leasing Resource Kit, Office Leasing Resource Kit, Restaurant Leasing Resource Kit, and Retail Leasing Resource Kit. See also Junior Associate Real Estate Resource Kit (Commercial Leasing).