Houtan HormozianExpert on Real Estate, Finance and PropTech

Question of the Day Which Lease Agreement Ends Future Obligations?

15 Oct 2025 · 1 min

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In this short video, the host presents a multiple‑choice quiz asking which type of lease agreement terminates all future lessor‑lessee obligations. The options are novation, assumption, breach, and surrender. The correct answer is D, surrender. The host explains that a surrender occurs when the tenant returns the leased premises to the landlord before the lease expires and the landlord accepts that return, thereby ending the lease obligations. The segment concludes with a call‑to‑action encouraging viewers to like, tag friends, and contact the creator via message or website.

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Get ready for question of the day. An agreement that ends all future lessor-lessee obligations under a lease is called: A. A novation. B. An assumption. C. A breach. D. A surrender. The answer is letter D. The word surrender is appropriate, as the lessee is surrendering their rights to a leased property. In landlord-tenant law, a surrender occurs when a tenant agrees to return the leased premises to the landlord before the expiration of the lease, and the Landlord agrees to accept the return of the premises. Learn something new? Give us a like, tag a friend, and let's keep the conversation going. Message us here or visit our website.