Alberta Commercial Triple Net Lease Agreement

Transfer an existing lease to a new owner of the property with this Alberta Assignment of Lease by Landlord form.

• The Assignment is between the seller (current landlord), the purchaser of the property (new landlord), and the tenant, and is part of the documentation required to complete the sale of the rental premises.
• The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
• The purchaser and seller agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• The Assignment form can be used for both commercial and residential rental properties.
• This Assignment of Lease by Landlord form is available as a MS Word download.
• Intended for use in the Province of Alberta, Canada.

Do you have a business tenant who wants to extend its lease? Use this Renewal and Extension of Commercial Lease form for the Province of Alberta.

• The landlord and tenant both agree to the new lease period and what the lease costs will be for the new term.
• The tenant has no further right to extend or renew the lease.
• The remaining terms and provisions of the original lease remain in full force and effect.
• This form is for commercial leases only. Use the Extension of Residential Lease form for residential tenancies.

Get the Alberta Renewal and Extension of Commercial Lease template and use it for all your business tenants.

Cancel an existing lease on office or retail space with this Mutual Cancellation of Lease form for the Province of Alberta.

• This agreement is only for commercial tenancies. You will need to use a different form for residential tenants.
• The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate as of a specific date.
• All rights and obligations of the parties under the lease are extinguished, except for those which accrue prior to the termination date.
• This form is intended for use in Alberta but can be modified to be used in other provinces and territories of Canada.
• Available as a MS Word downloadable template and fully editable to fit your needs.

Write up an Offer to Lease a commercial premises (business, retail, office or warehouse) with this easy-to-use template for Alberta properties.

• Once accepted, the Offer will become legally binding.
• The lease will be a completely net and carefree lease to the landlord.
• The tenant will pay utilities, and a proportionate share of taxes and operating costs as additional rent.
• The tenant will also be responsible for all repairs (other than structural repairs), and carrying public liability insurance.
• The landlord will pay the tenant an improvement allowance for leasehold improvements.
• The template includes a Schedule describing Landlord's Work and Tenant's Work.
• This is a fully customizable legal form template. It is intended to be used in the Province of Alberta, Canada.