Option Surrender Agreement on Cash Payment (Non Tax-Advantaged)
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Jurisdiction
England and WalesRelevant sectors
Type of legal document
🧾 Option surrender agreementBusiness activity
Surrender an optionA option surrender agreement is a contract between a property owner and a tenant that terminates the tenant's right to occupy the property. The agreement typically includes a clause that releases the tenant from any future liability for rent or damage to the property.
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