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| Home > Real Estate, Wills, Probate and Trust > Lease |
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| How Does A Lease End |
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A lease of immovable property determines-
- By efflux of the time limited thereby,
- Where such time is limited conditionally on the happening of some event-by the happening of such event,
- Where the interest of the lessor in the property terminates on, or his power to dispose of the same extends only to, the happening of any event-by the happening of such event,
- In case the interests of the lessee and the lessor in the whole of the property become vested at the same time in one person in the same right,
- By express surrender, that is to say, in case the lessee yields up his interest under the lease to the lessor, by mutual agreement between them,
- By implied surrender,
- By forfeiture; that is to say, (i) in case the lessee breaks an express condition which provides that, on breach thereof, the lessor may re-enter; or (ii) in case the lessee renounces his character as such by setting up a title in a third person or by claiming title in himself; or (iii) the lessee is adjudicated an insolvent and the lease provides that the lessor may re-enter on the happening of such event; and in any of these cases the lessor or his transferee gives notice in writing to the lessee of his intention to determine the lease,
- On the expiration of a notice to determine the lease, or to quit, or of intention to quit, the property leased, duly given by one party to the other.
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