Q&As
Does agreeing to a surrender of a lease by operation of law on the basis of 'full waiver by the landlord of all claims against the company, whether past, present or future' prevent the landlord from submitting a proof of debt for rent arrears etc incurred prior to the surrender date?
Published on: 22 November 2024
The effect of a surrender of lease is that the term is extinguished by absorption into the reversionary interest and thus ceases to exist. Ordinarily surrender is effected by deed, but there are a number of other methods by which a lease can be surrendered, including by operation of law. This can include by the grant of a new lease to the tenant by the landlord; by the tenant giving up possession to the landlord, with the landlord accepting possession, or by the giving up of possession and the granting of a
To view the latest version of this document and thousands of others like it,
sign-in with LexisNexis or register for a free trial.