A Lease Termination Agreement provides a clear, lawful way for tenants and landlords to end a lease before its scheduled expiration. This agreement outlines key terms such as move-out dates, financial obligations, and the return of security deposits, helping both parties avoid misunderstandings or future disputes. When properly drafted, a lease termination agreement protects rights, limits liability, and ensures a smooth transition. Understanding how these agreements work under New York law allows both tenants and landlords to part ways fairly, efficiently, and with legal certainty.