What is a Notice to Quit in Real Estate?
What is a Notice to Quit?
A Notice to Quit in real estate is a formal legal document issued by a landlord to a tenant, informing the tenant that they must vacate the rental property by a certain date. It typically precedes formal eviction proceedings and is often used when a tenant has violated the lease agreement (e.g., failure to pay rent, engaging in illegal activity, or breaking other lease terms). The notice specifies the reason for termination, the time frame within which the tenant must comply (either by correcting the issue or vacating the property), and the consequences of failing to comply, which may include legal eviction.
The specific rules governing a Notice to Quit, including how much notice is required, vary depending on the jurisdiction and the terms of the lease.