- Leases can be repudiated if a lessee successfully makes a claim against their lessor/landlord for a breach of covenant or condition. - If either party commits a serious breach of the terms of the lease, then the other may be able to treat the breach as repudiation of the lease as a contract in which case the lease will come to an end.

Repudiation Flashcards by Laura Savio

What is repudiation

Leases can be repudiated if a lessee successfully makes a claim against their lessor/landlord for a breach of covenant or condition.
If either party commits a serious breach of the terms of the lease, then the other may be able to treat the breach as repudiation of the lease as a contract in which case the lease will come to an end.

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Repudiation Flashcards

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