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Save As Print Reset Form: 07DL Release: 31 Add an Appendix FOR HELP WITH THIS FORM CLICK HERE SURRENDER OF LEASE Leave this space clear. Affix additional pages to the top left-hand corner. New South.

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A surrender of lease, including a sub-lease, occurs where the lessor and lessee agree to terminate a lease before the lease or sub-lease has expired. The original lease or sub-lease is not required.

A determination of a lease based on surrender by operation of law may occur where the lessee has left the premises in such a manner as to imply a surrender of the lease and the lessor has regained possession of the land or premises. The lessee must not be available to execute a Surrender Of Lease form 07DL.

In this transaction the lease is transferred by the current Tenant (Assignor) to the incoming Tenant (Assignee) and is subject to a nominal sum of $10.00 stamp duty for the transfer. The duty is to be paid by the Assignee (incoming tenant).

You will have to pay a nominal $10 for a transfer or voluntary surrender of a lease if no other money is specifically being paid. If you have any questions about when to pay stamp duty on your lease, get in touch with LegalVision's leasing lawyers on 1300 544 755 or fill out the form on this page.

A surrender and regrant occurs where variations to a lease are so inconsistent with the continuation of the existing relationship that the law deems the existing lease to have been surrendered and a completely new lease brought into being.

Surrender of Lease If the landlord requires you to surrender the premises and pays you an amount as compensation, then this amount is subject to duty. On the other hand, if you voluntarily surrender the lease, then similar to the lodgement of a Transfer of Lease form, you must pay a nominal $10 assessment duty.

A lease is surrendered when the tenant's interest is transferred back to the landlord and both parties accept that it will be extinguished. This can be done formally, by deed, but this is not always necessary.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232