TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

QUIT LEASE PENALTY [1 record]

Record 1 2003-03-13

English

Subject field(s)
  • Property Law (common law)
CONT

Where the Crown vacates leased premises and ceases to make rental payments before the end of the lease term, the Crown will normally be required to pay a quit lease penalty which will compensate the lessor for lost revenue.

French

Domaine(s)
  • Droit des biens et de la propriété (common law)
OBS

«résignation» est l'équivalent de «surrender» normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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