What factors might lead to a lease termination?

A lease can be terminated for several reasons, and one of the most comprehensive encompasses default, mutual agreement, or expiration of the lease term.

Default refers to a situation where one party fails to uphold their responsibilities as outlined in the lease agreement, such as not paying rent or violating lease terms. This can provide grounds for termination, allowing the non-defaulting party to take appropriate legal action.

Mutual agreement between the landlord and tenant can also lead to a lease termination. If both parties decide to end the lease early, whether for personal reasons or changes in circumstances, they can do so by drafting and signing a termination agreement, thus avoiding potential disputes.

Additionally, when the lease term naturally expires, the agreement concludes, and both parties have the option to either renew or vacate without any further obligations.

In contrast, solely relying on the expiration of the lease term does not account for other significant factors that might lead to termination, such as breaches or mutual consent, making it less comprehensive. The tenant's or landlord's personal decisions, such as moving or selling the property, may influence the situation but are not typical contractual bases for lease termination under the rental agreement itself. Thus, option B clearly outlines the primary circumstances under which a lease may officially be