Property Management

What is a 'surrender' of leased premises in Nevada landlord-tenant law?

AThe tenant physically damaging the property before leaving
BThe mutual agreement between landlord and tenant to terminate the lease before its expiration, releasing both parties from further obligations✓ Correct
CThe landlord locking out a tenant for non-payment
DA court order requiring a tenant to vacate

Explanation

Surrender is a mutual agreement between the landlord and tenant to terminate the lease early. Both parties agree to release each other from remaining lease obligations. This differs from abandonment (tenant leaves without agreement) or eviction (court-ordered removal).

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