"I Surrender!" A Practical Review of the Law of Surrenders of Leases
Jan 30, 2014 | Article
Written by Melissa McBain
(The Six-Minute Commercial Leasing Lawyer 2014)
This paper provides a summary of the law of surrenders (and partial surrenders) of commercial leases. In particular, I will review the legal practical aspects of express surrenders, the rarely acknowledged doctrine of deemed surrender and regrant (and why, as a commercial leasing lawyer, you absolutely need to know about this doctrine), and partial surrender of leases. Before launching into these topics, the following section contains a general discussion of what surrenders are, the legal requirements for surrenders are, the legal requirements for surrenders and the effect of surrenders.
Read the full article Surrenders and Partial Surrenders