Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) The lessee may surrender a registered lease by a memorandum of surrender in an approved form accepted by the lessor.
(2) When a memorandum of surrender of lease has been registered under this Act, the estate or interest of the lessee in that land ceases.
(3) A lease subject to mortgage or encumbrance shall not be surrendered in accordance with this section without the consent of the mortgagee or encumbrancee.