A lease may be terminated in any of the following ways:
- Notice: either party may notify the other its intention to terminate the lease where the tenancy does not specify the date of termination or intends to terminate the same earlier.
- Forfeiture: This is the right of the landlord or grantor to re-enter the demised premises and thus prematurely terminate the lease. This will be actuated by certain breaches. It is exercisable pursuant to a forfeiture clause.
- Expiration or lapse of time: All fixed term leases generally terminate or expiration of such time.
- Surrender: this is the giving up by the tenant to the landlord of his interest in the premises. It must be made in a prescribed form executed by the tenant. It may also be implied from the conduct of the tenant.
- Merger: under the provisions of the I.T.P.A a lease of immovable property determines if the property in question becomes vested in the lessee. Under
the R. L. Act a merger must express.
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