Termination of Lease Agreement between Sunrise Assisted Living Limited Partnership and Paul J. Klassen & Teresa M. Klassen

Contract Categories: Business Operations › Termination Agreements
Summary

This agreement, dated December 13, 2007, is between Sunrise Assisted Living Limited Partnership (the landlord) and Paul J. Klassen and Teresa M. Klassen (the tenants). It formally ends a lease for property in Fairfax County, Virginia, originally signed in 1994. As of December 15, 2007, the lease is no longer in effect, and the tenants have no further rights to the property. Both parties have signed to confirm the termination.

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EX-10.61 22 w51270exv10w61.htm EX-10.61 exv10w61  

Exhibit 10.61
     
Prepared by:
  McGuireWoods LLP
Tax Map Parcel No.
  047-2-01-0070A
TERMINATION OF LEASE AGREEMENT
     THIS TERMINATION OF LEASE AGREEMENT is dated as of 13 December 2007, between SUNRISE ASSISTED LIVING LIMITED PARTNERSHIP, a Virginia limited partnership (“Lessor”), and PAUL J. KLASSEN and TERESA M. KLASSEN (collectively “Lessee”), and recites:
RECITALS:
     Lessor and Lessee were parties to a certain Ground Lease or Lease Agreement dated June 7, 1994 covering certain real estate in Fairfax County, Virginia and recorded in the Clerk’s Office of the Circuit Court of Fairfax County, Virginia in Deed Book 9147 at page 1747 (the “Lease”). The parties desire and intend to reflect of record the termination of the Lease.
TERMINATION:
     NOW THEREFORE, in consideration of the foregoing premises, the undersigned agree that the Lease is terminated as of no further force and effect as of 15 December, 2007, and Lessee has no further right, title or interest in the “Premises” leased thereunder.
     WITNESS the following signatures.

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  SUNRISE ASSISTED LIVING LIMITED
PARTNERSHIP, by its General Partner:
SUNRISE SENIOR LIVING INVESTMENTS,
INC., a Virginia corporation
 		  
  By:   /s/ William D. Shields    
    Title: Vice President   
       
 
STATE OF VIRGINIA:
CITY/COUNTY OF FAIRFAX:
     The foregoing instrument was acknowledged before me this 13th day of December, 2007, by William D. Shields as Vice President of SUNRISE SENIOR LIVING INVESTMENTS, INC., a Virginia corporation, on behalf of the corporation as General Partner on behalf of SUNRISE ASSISTED LIVING LIMITED PARTNERSHIP, a Virginia limited partnership.
     My commission expires: 11/30/2010
         
     
  /s/ Helen A. Wilson    
  Notary Public   
  Print Name: Helen A. Wilson
Registration No.: 313047 		  
 

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  /s/ Paul J. Klaassen    
  Paul J. Klassen   
     
 
     
  /s/ Teresa M. Klaassen    
  Teresa M. Klassen   
     
 
STATE OF VIRGINIA:
COUNTY OF FAIRFAX:
    The foregoing instrument was acknowledged before me this 13th day of December, 2007, by PAUL J. KLASSEN.
     My commission expires: 11/30/2010
         
     
  /s/ Helen A. Wilson    
  Notary Public   
  Print Name: Helen A. Wilson
Registration No.: 313047 		  
 
STATE OF VIRGINIA:
COUNTY OF FAIRFAX:
     The foregoing instrument was acknowledged before me this 13 th day of December, 2007, by TERESA M. KLASSEN.
     My commission expires:11/30/2010
         
     
  /s/ Helen A. Wilson    
  Notary Public   
  Print Name: Helen A. Wilson
Registration No.: 313047 		  
 

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