VIII) Terminating a tenancy before expiration
   
In usual circumstances, both the landlord and the tenant
cannot terminate the tenancy before its expiration unless either of them
has breached the vital terms of the agreement (e.g. the tenant fails
to pay rent or the landlord illegally re-enters the property). However,
early termination may be possible with the existence of a valid break clause.
Landlord's perspective:- I have let my property to a tenant on a three year term. There are still more than 2 years remaining in the term. However, I note that the rental value of neighbouring properties has risen significantly. Can I terminate the tenancy with the existing tenant and let the property out for a better rent?
Tenant's perspective:
- I have rented a property on a three year term. There are still more than 2 years remaining in the term. However, I note that the rental value of neighbouring properties has dropped significantly. Can I terminate the tenancy with the landlord so that I can get a comparable property for a lower rent?
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