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DEED OF SURRENDER OF COMMERCIAL LEASE

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DEED OF SURRENDER OF COMMERCIAL LEASE

Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000282
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

This deed of surrender is an agreement between the landlord and the tenant to end the lease before the end of the contractual term. The tenant has an obligation to vacate and surrender the leased premises to the landlord on the specified date. This document is used for commercial lease agreement specifically.

Description

The tenant must fulfill all his obligations towards the landlord before surrendering the leased premises.

An attached handover certificate must be signed by both of the parties as proof of complete physical delivery of the leased premises.

This document contains the following sections:

1.     Representations

2.     Surrender

3.     Removal of Fit-Out, Signs, Installations, Etc.

4.     Outstanding Sums

5.     Termination

6.     Handover Certificate

7.     Annexure

Jurisdiction

This Policy is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.

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