Surrender business tenancy

About this business activity

If a tenant wants to end their lease early, they may use a Surrender agreement. This legally binding document states the tenant agrees to give up their lease and all rights to the property.

Warning Notice To Tenant Of Commercial Tenancy Surrender Agreement

This is a notice to the tenant that they must vacate the property, as the landlord and tenant have agreed to a surrender of the lease.

What to watch out for

  • The form and content of the notice
  • The date on which the notice is served
  • The period of notice required
  • The notice period must be at least 28 days
  • The notice must be in writing and signed by the landlord or their agent
  • The notice must be served on the tenant by hand or by registered post
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    Relevant Contract Types

    🏠 Surrender agreement

    A surrender agreement is a legal document that outlines the terms of a surrender, which is the act of giving up something. The agreement covers the surrender of rights, property, or privileges in exchange for something else. In some cases, a surrender agreement may be used to end a legal dispute between two parties."

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