- Notice – applies to leases for undefined duration.
- Effluxion of time or expiration of time.
- Forfeiture –under the forfeiture clause or breach.
- Surrender –to the immediate landlord.
- Merger –tenant acquires the reversion, the lease and reversion must be vested in the same person.
- Enlargement – a lease may enlarge to a fee simple if the tenant executes a deed of enlargement.
- Becoming a satisfied term: if a lease is granted as a security for the payment of money, the term becomes satisfied and the lease automatically ceases when all the money has been paid.
- Disclaimer: a right to disclaim a lease arises only by statute. The effect of a valid disclaimer is the same as if there had been a surrender.
- Frustration: in National Carriers Ltd. V. Panalpina Ltd (1981)the House of Lords held that the doctrine of frustration can apply in a rare case to a lease of land so as to bring the lease to an end.
(Visited 1,088 times, 1 visits today)
Share this:
