Lease Surrender

Lease Surrender definition

/liːs/ /səˈrɛndə/

What does Lease Surrender mean?

Mutual agreement between landlord and tenant that the lease will determine before the term end in a manner not set out in the lease. An express surrender is achieved formally; a surrender by operation of law (implied surrender) occurs when the parties’ unequivocal conduct demonstrates the lease no longer continues.

Variances

Surrender a lease
Surrender Agreement
Surrendering a lease

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