A termination notice used by a licensor to terminate a real estate license agreement for a licensed area owned or leased by the licensor. This Standard Document provides official notice from the licensor to the licensee to revoke the license, a standard right permitted under most license agreements. While license agreements are generally governed by state law, this jurisdictionally neutral template is useful and relevant in every state. A termination notice is generally favorable to the licensor, but this Standard Document has integrated notes with important explanations and drafting and negotiating tips for both parties.