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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Commercial property law
- Leasing property
Termination of leases
The main ways in which leases can be brought to an end are:
- • effluxion of time, if the lease is for a fixed term;
- • notice to quit, if the lease is periodic (eg month by month);
- • acceptance of repudiation of the breach of an essential term;
- • forfeiture, if the lease so provides;
- • disclaimer in case of personal bankruptcy or corporate insolvency;
- • merger;
- • statutory grounds;
- • break clauses; and
- • surrender.
See Termination of leases.