Ontario Mutual Cancellation of Commercial Lease

Cancel an existing lease on office or retail space with this Ontario Mutual Cancellation of Lease template.

  • 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.
  • The template is downloadable and fully editable to fit your needs.
  • This form is intended for use only in the Province of Ontario, Canada.
Document Type: Microsoft Word
Last Updated: 16-December-2024
SKU: 1962
$2.29
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Ontario Assignment of Lease by Landlord

Assign an existing lease on a rental property to a new owner as part of the sale transaction with this Ontario Assignment of Lease by Landlord form.

  • The Assignment is between the seller (current landlord), the purchaser of the property (new landlord), and the tenant.
  • The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
  • The assignor and assignee agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
  • This form can be used for either a residential or commercial rental property in the Province of Ontario, Canada.
  • This is a fully editable legal template in MS Word format.
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Ontario Commercial Triple Net Lease Agreement

Rent out office or other business premises to a tenant with this Ontario Commercial Triple Net Lease Agreement.

  • This lease is a triple net lease carefree to the landlord, which means that the tenant pays for everything to do with the premises including structural repairs.
  • The tenant has an option to renew the lease for an additional term.
  • The tenant will pay all expenses, taxes, levies, and charges with respect to the premises, except for the landlord's income taxes.
  • The tenant is responsible for carrying fire and extended coverage insurance.
  • The tenant is responsible for all alterations, improvements, maintenance and repairs.
  • Provisions for abatement of rent or termination of the lease if the building is substantially damaged, destroyed or condemned.
  • The tenant accepts the lease subordinate to any mortgage or other lien.
  • The tenant must provide an estoppel certificate on request by the landlord.
  • This is a fully editable legal form template available in MS Word format.
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Ontario Nondisturbance Agreement

Prepare a Nondisturbance Agreement with this downloadable template for a commercial building in Ontario.

  • The purpose of a Nondisturbance Agreement is to give each tenant a measure of comfort if you are mortgaging the building.
  • The mortgage lender agrees that, if the landlord defaults on the mortgage and the property is foreclosed upon, the tenant shall continue to occupy the premises undisturbed, provided that the tenant is not in default under the lease.
  • This Nondisturbance Agreement template is provided in MS Word format and is fully editable to meet your specific circumstances.
  • Intended to be used only in the Province of Ontario, Canada.
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  • The Notice of Termination informs the tenant that, in accordance with the Commercial Tenancies Act, the landlord has changed the locks and the lease has been terminated and forfeited.
  • The landlord will seek damages for the unexpired balance of the term.
  • The Notice form includes an Acknowledgement and Surrender of Premises form to be signed by the tenant.
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