Deed of surrender

Any commercial property lease
17 reviews
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Document overview

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.
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  • England & Wales
  • Scotland
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  • Length:3 pages (450 words)
  • Available in:
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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).

Contents

  • 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
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Recent reviews

22 March 2022
I could not contact my solicitor and had to have a Lease surrender document signed before the end of the day to stop a new lease deal falling through. The document template that I got from Net Lawman was easy to fill in and job done.
thanks again
Leon McKavanagh
Review of the New Zealand version
22 January 2022
Needed a straightforward surrender document, this one fulfilled the criteria perfectly - the template is written in very clear terms and was quick and simple to amend as needed especially with the included instructions.

I'm happy to have ended up with a document which both parties can read and understand, and which doesn't have a lot of unnecessary legalese.

This is my first use of Netlawman, based on my experience I recommend them and will definitely come back again as and when I need other types of document.
John Kemp
21 September 2019
Very easy to use. Recommended and will look at using other templates.
Colin Morris
Read all 17 reviews

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