The recovery for a lessee's wrongful repudiation of a lease is the difference between the present value of the old rent due under the original lease and the market rent.

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This is known as the "difference in rent" damages calculation, and it is a common method of calculating damages in cases where a lessee wrongfully repudiates a lease. The idea is that the lessor is entitled to be compensated for the difference between the rent they would have received under the original lease and the amount they are likely to receive if they re-lease the property to someone else. The present value of the old rent is usually calculated by discounting future rent payments to their present value using an appropriate discount rate.

The Recovery for a Lessee's Wrongful Repudiation of a Lease