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Office lease termination: steps to take and common traps to avoid

Tenants who need to exit a commercial lease before expiry face a range of options including subletting, assignment and negotiated surrender, but must act early and understand the legal and financial obligations in their lease before making any move.
Early action and clear knowledge of lease obligations are essential for commercial tenants seeking to exit before expiry. (CommercialRealEstate.com.au)
Early action and clear knowledge of lease obligations are essential for commercial tenants seeking to exit before expiry. (CommercialRealEstate.com.au)
Expert in Costar News in DC market since 2014
June 18, 2026 | 1:04 P.M.

Commercial tenants who need to exit a lease before its expiry date should begin by reviewing the existing lease document and seeking legal advice before taking any action. Unlike residential tenancies, commercial leases typically offer fewer statutory protections, and the options available to a tenant will depend on the specific clauses negotiated at the outset.

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