template

Deed of Surrender (Lease)

by
Genie Team
Genie Team
Nov, 07 2023

When to use this template

A Deed of Surrender (Lease) is a legal template under UK law that outlines the voluntary termination or surrender of a lease agreement between a landlord and a tenant. This agreement formalizes the tenant's decision to vacate the leased property and relinquish any remaining rights and obligations outlined in the lease contract.

The template typically addresses crucial aspects such as the date of surrender, terms of handover, return of the premises, settlement of outstanding finances, and other relevant provisions pertaining to the lease termination.

This document helps protect the interests of both parties by ensuring a clear agreement on the terms of surrender and promoting a smooth transition while complying with the legal requirements of the UK jurisdiction.

Key issues covered in this template

  • Easements and rights
  • Example is illustrative
  • Gender
  • If the Lease is not surrendered, the releases do not apply
  • Land Registry fees
  • Legal person
  • No third-party rights
  • Payment
  • Releases landlord from covenants
  • Written communication
  • N/A

What to watch out for

  • The deed of surrender should be clear and unambiguous, and should accurately reflect the terms of the lease agreement

  • The deed should be signed by both the landlord and the tenant, and should be witnessed by an independent third party

  • The deed should be registered with the relevant authority, if required by law

  • The deed should include provisions for the release of the tenant from any further obligations under the lease agreement

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Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI Team

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

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Additional information

Business categories

Business activities

Relevant sectors

Construction

Real Estate

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes