Deed of surrender: any commercial property lease
This is a surrender document to terminate any business lease by mutual agreement. It includes optional provisions for a payment by one party to the other and for all obligations to cease.
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
- Money back guarantee
About this document
This deed allows a landlord and a tenant to end a commercial property lease by mutual agreement before the end of the contractual lease term. It can be used for both registered and unregistered leases.
A surrender may be immediate and simple, but in many cases the landlord will want to be sure that the tenant leaves the premises when required and in the condition required by the lease. This surrender document covers the landlord's position thoroughly.
"Surrender" is simply the legal term for the tenant agreeing to end the lease and leave the property. The document should be executed as a deed because a deed does not require consideration (each party to give something of value).
The document includes options for either party to pay the other for any reason such as:
improvements made by one party to the building during the lease
agreement to end the lease quickly
agreement to leave the property in an agreed state of repair
The reason for the payment is not important and does not need to be specified in the document.
The document includes options for release provisions: conditions that must be met for the lease to be surrendered.
The document is suitable for any commercial property lease: offices, shops, industrial properties and land. It is not suitable for residential property (see this one).
- Details of lease to be surrendered
- Obligation to give up possession
- Obligations for repair
- Tenant has no obligations to Landlord, except as stated
- Landlord has no obligations to tenant except as stated
- Termination: what happens
This document was written by a solicitor for Net Lawman. It complies with current English law.
How other customers rated this document
Average customer rating
By Philippa Thomas 09 May 2016
The document I ordered was exactly what I needed and was straightforward, requiring minimum explanation to the client. I have used Netlawman in the past - about 2 or 3 years ago so I was familiar with the procedure. The ability to download the document enabled me to proceed quickly with the matter.
By Douglas Woods 11 April 2015
The prompt response and explanatory notes with the document made it easy to follow.
This resulted in a considerable saving compared with consulting a solicitor.
I stumbled upon the website and I am glad that I did.
My concern was whether it was a genuine site but this was eased very quickly.
For straightforward matters, which do not necessarily require a legal consultation, I would certainly recommend Net Lawman.
By Stephen Goodwin 24 November 2014
By Pete Ogden 07 April 2014
Perfect for my need, value for money and instantaneous.
By Mark Wheatley 02 March 2014
Great service, it was a very useful document that I purchased, good value for money.
By Roland Brown 13 October 2013
Document was easy to understand and I am pleased with your service.
By Dennis Trimming 17 May 2013
I find your law forms very concise and straightforward to use. Previously I used your Grazing Agreement which was good but needed more emphasis on clearing up fields at the end. Your forms seem to me to be by far the best of the bunch on the Internet.
By Roger Watkins 24 February 2013
Very good, plain English document, which with its notes, is easy to adapt to a particular situation.
Net Lawman responds 04 July 2013
Thank you for your comments. Your feedback is valuable to us. We love to hear from our clients about their custom experience at Net Lawman.
"I have used you in the past and am always impressed!"Diane Bantten (Acquit Debt Recovery)
"We use Net Lawman because it is an excellent website and always has the document you are looking for."Kemet Services International
"Your site is very easy to understand I have used you a few times and you are the best on line."Cornerstones Lettings Carmarthen