resiliate
To exit, cancel, or draw back from a lease or contract.
A lessee may resiliate the current lease if he is allocated a dwelling [...]. An employer may, where an employee ceases to be in his employ, resiliate a lease that is accessory to the contract of employment [...].
Where it comes from
From French résilier (“cancel, annul, invalidate”).
Adapted from the Wiktionary entry resiliate (CC BY-SA 4.0).