Which of the following is a recognized way to terminate a lease?

• A. When the property is sold
• B. Mutual agreement
• C. Death of broker/seller
• D. Property is destroyed

Answer: (B)

Leases are contracts, so they can be ended when both parties decide to stop at the same time. Mutual agreement provides a clear, recognized way to terminate early because the landlord and tenant can sign a surrender or termination document that releases each from future obligations and lets the tenant move out. It reflects the voluntary nature of contractual relationships and gives a clean exit for everyone involved.

The other scenarios aren’t automatic termination methods. A property sale doesn’t automatically end a lease—the lease often remains in effect and the new owner may choose to honor it or negotiate a termination. The death of the broker or seller doesn’t impact ongoing lease rights or obligations. Destruction of the property can terminate a lease only under casualty provisions or impossibility of performance; it isn’t a general, standard method to end a lease.