A tenancy may be terminated only when either the landlord or tenant gives the appropriate notice to quit the tenancy. The appropriate period for notice to quit should correspond with the length of the tenancy period, and may be inferred by the frequency of rent payment. For example, for a tenancy where rent is paid monthly, the appropriate period of notice should be one month. The common minimum notice period is 30 days. To be safe, check your tenancy agreement.
If you are a tenant, you should not end the tenancy prematurely without notifying the landlord. If you wish to surrender his lease, you have to obtain the consent of your landlord. While the landlord is not obliged to accept the surrender, he may request for monetary compensation from you.
To guard against the premature termination of a tenancy by your tenant, some landlords request for a security deposit equivalent to an additional month’s rent. Landlords have to establish the parameters of the tenancy agreement with the tenant and find out the likelihood of a premature termination of the agreement.