{"id":951,"count":1,"description":"\r\nWhat is surrender?\r\n\r\nIn real estate, surrender refers to the termination of a lease agreement, in the form of a Deed of Surrender.\r\nA Deed of Surrender can be used to terminate a lease on a property (the tenant surrenders the space) and\/or to relieve tenants of their lease obligations (the landlord surrenders claims). Much like a leasing contract, the deed of surrender outlines each party\u2019s rights and duties (or lack of) towards the other party.\r\nFor example, the deed of surrender can state the condition in which the tenant is expected to leave the property, states if a tenant has fulfilled any and all financial obligations, confirms if the landlord has returned the tenant\u2019s deposit, etc.\r\n\r\nThis document is signed by both parties, as well as a witness (for example, a notary public)\r\n\r\n\r\nYou might also be interested in:\r\n\r\n \tHow do real estate agents make money?<\/a>\r\n \tHow do you become a REALTOR\u00ae?<\/a>\r\n \tHow do you calculate a cap rate?<\/a>\r\n\r\n\r\n\r\nSearch other terms\r\n\r\n\r\n\r\nA<\/a>\r\nB<\/a>\r\nC<\/a>\r\nD<\/a>\r\n\r\n\r\nE<\/a>\r\nF<\/a>\r\nG<\/a>\r\nH<\/a>\r\n\r\n\r\nI<\/a>\r\nJ<\/a>\r\nK<\/a>\r\nL<\/a>\r\n\r\n\r\nM<\/a>\r\nN<\/a>\r\nO<\/a>\r\nP<\/a>\r\n\r\n\r\nQ<\/a>\r\nR<\/a>\r\nS<\/a>\r\nT<\/a>\r\n\r\n\r\nU<\/a>\r\nV<\/a>\r\nW<\/a>\r\nX<\/a>\r\n\r\n\r\nY<\/a>\r\nZ<\/a>\r\n\r\n\r\n\r\nPopular terms\r\n\r\n\r\n\r\nAmortization<\/a>\r\n\r\n\r\nEquity <\/a>\r\n\r\n\r\nNotary Public <\/a>\r\n\r\n\r\nProgression\/Regression<\/a>\r\n\r\n\r\nAcquisition <\/a>\r\n\r\n\r\nAnnuity <\/a>\r\n\r\n\r\nAsset <\/a>\r\n\r\n\r\nFiduciary <\/a>\r\n\r\n\r\nInflation <\/a>\r\n\r\n\r\nContingency <\/a>\r\n\r\n\r\nEscrow<\/a>\r\n\r\n\r\nPower of attorney <\/a>\r\n\r\n\r\nReal Estate Agent <\/a>\r\n\r\n\r\nEminent Domain <\/a>\r\n\r\n\r\nLiability <\/a>\r\n\r\n\r\nStatute of Limitations<\/a>\r\n\r\n\r\nValid <\/a>\r\n\r\n\r\nVariance<\/a>\r\n\r\n\r\nContiguous <\/a>\r\n\r\n\r\nDeficit<\/a>\r\n\r\n\r\n\r\n","link":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-surrender\/","name":"Surrender","slug":"cre-term-surrender","taxonomy":"post_tag","meta":[],"yoast_head":"\nWhat is Surrender? - Commercial Real Estate Dictionary<\/title>\n<meta name=\"description\" content=\"In real estate, surrender refers to the termination of a lease agreement, in the form of a Deed of Surrender.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-surrender\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Surrender Archives\" \/>\n<meta property=\"og:description\" content=\"In real estate, surrender refers to the termination of a lease agreement, in the form of a Deed of Surrender.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-surrender\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"CollectionPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-surrender\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-surrender\/\",\"name\":\"What is Surrender? 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