Deed Of Surrender Of Lease

This Deed of Surrender of Lease ("Deed") is made on [Date], by and between [Your Name] of [Your Company Address] (the "Lessor") and [Tenant Name] (the "Lessee").

I. RECITALS

This Deed is executed to mutually agree to the surrender of the leased premises initially granted under the terms stipulated in the Lease Agreement dated [Original Lease Date]. The parties acknowledge as follows:

• The Lessor is the lawful owner of the property located at [Your Company Address], herein referred to as the "Leased Premises".

• The Lessee entered into a Lease Agreement ("Lease") with the Lessor commencing on [Start Date] and due to expire on [End Date].

• The Lessee wishes to surrender and the Lessor wishes to accept the surrender of the Lease before the expiry of the term as per the terms outlined in this Deed.

II. DEFINITIONS

For the effective understanding and interpretation of this Deed, the following terms shall have the meanings assigned below:

1. "Lease": includes any schedules, riders, and amendments associated with the Lease Agreement initially executed on [Original Lease Date].

2. "Parties": refers to the Lessor and Lessee collectively.

3. "Effective Date": means the date of execution of this Deed, being [Date of Execution].

III. TERMS OF SURRENDER

A. Surrender

The Lessee does hereby surrender to the Lessor all rights and interests in the Leased Premises with immediate effect from the Effective Date under the following conditions:

• The Lessee shall return all keys, access cards, and any other devices or items issued by the Lessor to access the Leased Premises.

• The Lessee shall ensure that the Leased Premises are left in a clean and tidy condition, free from debris and personal belongings.

B. Final Inspection and Acceptance

A final inspection of the Leased Premises will be conducted by representatives of both parties on [Final Inspection Date], and any discrepancies are to be settled according to the terms outlined herein.

IV. GENERAL CONDITIONS

This Deed is binding upon the parties, their successors, and assigns. This Deed may be executed in counterparts, each of which shall be deemed an original but all of which together shall constitute the same instrument.

A. Entire Agreement

This Deed constitutes the entire understanding between the parties concerning its subject matter and supersedes all prior understandings, agreements, or representations related to the Lease.

B. Governing Law

This Deed shall be governed by and construed following the laws of the jurisdiction in which the Leased Premises are situated.

V. CONFIRMATION OF SURRENDER

The parties to this Deed hereby confirm the surrender of the Lease and agree to the conditions as set forth herein:

Lessor:

[YOUR NAME]

Lessee:

[TENANT NAME]

This deed was acknowledged before me on this [DATE] by [YOUR NAME], Lessor, and [TENANT NAME], Lessee.

[NOTARY PUBLIC NAME]

Notary Public in and for [STATE]

My Commission Expires: [EXPIRATION DATE]

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