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Commercial Property Lease Agreement
If you are a landlord and plan to lease your commercial property to a tenant to conduct business, you should have a written lease agreement with your tenant.
A commercial lease will cover certain legal issues such as:
- names of the landlord and the tenant
- identification of the premises being lease (eg. address, suite number, square footage of premises)
- term of the lease (eg. 5 years)
- renewal provisions to extend the term
- start date of the term
- early occupancy period (called a "fixturing period" to allow the tenant to perform any work before commencement of the lease)
- landlord's work and tenant's work (eg. painting of place, installation of new lights, etc.)
- amount of rent
- who pays for additional expenses such as maintenance, utilities, repairs
- permitted uses of the premises
- insurance requirements
- provisions regarding responsibilities in event of damage and destruction of the premises
- rights of the landlord in the event the tenant defaults under the lease (eg. fails to pay rent)
- rules and regulations
- general legal provisions
- any other issues of concern to the landlord or tenant
To prepare and purchase a “Commercial Property Lease Agreement” legal document, click this link:
Commercial Property Lease Agreement form
Commercial Property Lease Agreement form
Commercial Property Lease Agreement
A Commercial Property Lease Agreement creates a commercial tenancy agreement between a landlord and a tenant.
Other Canadian legal forms are also available at LawDepot.com, FindLegalForms.com, and MegaDox.com.
See also more: FormsHound.com, Canadian Legal Forms, and Legal Forms.
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