Implied surrender of lease

A current lease noted on the Torrens Title Register may be surrendered by an incoming lease if the new lease:

  • is to all of the current lessees, or is accompanied by:
    • a Surrender of Lease form 07DL as regards those lessees not included in the incoming lease or
    • the consent of the current lessee
  • affects at least the same land or premises
  • commences before the expiry of the current lease and
  • is not made subject to the current lease.

An extra fee is payable for the implied surrender.