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The Pamphlet Collection of Sir Robert Stout: Volume 27

As to Surrenders

As to Surrenders.

25. Any lessee may, with the consent of the lessor, surrender the lands leased by him, and thereupon valuations shall be made, and a new lease of the said lands offered for sale in like manner as if the lease so surrendered was about to be determined by effluxion of time, save that it shall not be competent, for the period of seven years from the date of such surrender, for the lessee who has so surrendered to become the lessee of the new lease either originally or by transfer or sublease.