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Home FAQ Real Estate Dictionary S Surrender

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Surrender

DATE ADDED:
Tuesday, 07 April 2009
FAVOURED:
0 FAVOURE

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A premature conveyance of a possessory estate to a person having a future interest, as when a lessee surrenders the leasehold interest to the owner of the reversion interest, the lessor, before the normal expiration of the lease.

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Real Estate Definitions , Real Estate Dictionary , Real Estate Terminology

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