{
  "url": "https://classa.info/glossary/termination-option",
  "title": "Termination option",
  "description": "Tenant right to terminate the entire lease at a stated trigger date, often subject to a fee.",
  "oneSentenceAnswer": "Tenant right to terminate the entire lease at a stated trigger date, often subject to a fee.",
  "tldr": [
    "Tenant right to terminate the entire lease at a stated trigger date, often subject to a fee.",
    "A termination option (sometimes 'kick-out') gives the tenant the contractual right to end the lease at a stated date, subject to a termination fee equal to the unamortised TI, free rent, and brokerage."
  ],
  "keyFacts": {
    "category": "Lease structure",
    "regionScope": "US"
  },
  "pageType": "glossary",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/glossary/termination-option), updated 2026-04-01T00:00:00.000Z."
}