Picture of PEI Assignment of Lease by Landlord Picture of PEI Assignment of Lease by Landlord

PEI Assignment of Lease by Landlord

Assign an existing lease on a PEI rental property to a new owner with this Prince Edward Island Assignment of Lease by Landlord.

  • 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.
  • Available in MS Word format.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
Document Type: Microsoft Word
Last Updated: 20-December-2024
SKU: 2658
$11.99
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PEI Agreement to Terminate Lease

Cancel a tenant's lease before the end of the lease term with this Prince Edward Island Agreement for Early Termination of Lease form.

  • This form is not for evictions. It can only be used when both the landlord and tenant agree to terminate the lease early.
  • This Agreement is for residential tenants only. A different form is required for commercial rental properties.
  • The tenant must still give the landlord written notice setting out the proposed termination date.
  • The tenant agrees to pay a lease buyout fee.
  • Available in MS Word format.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
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PEI Extension of Residential Lease

PEI landlords, extend the term of a tenant's lease with this Prince Edward Island Extension of Residential Lease form.

  • The landlord and tenant mutually agree to extend the lease term for an additional period.
  • The monthly rental charge to be paid by the tenant is set out in the agreement.
  • All provisions of the original lease which are not amended in the Extension remain the same.
This Prince Edward Island Extension of Residential Lease is provided in MS Word format, and is fully editable and easy to use.
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PEI Landlord Permission to Sublet

Get your landlord's consent to assign your lease or sublet the premises with this Prince Edward Island Permission Agreement.

  • The landlord must consent to the assignment or sublease.
  • The new tenant must meet the landlord's requirements, and the landlord must give its written approval of the new tenant.
  • The form contains clauses for either an assignment of the lease or a sublease of the premises.
  • The landlord has the option to hold the existing tenant responsible for performing the tenant's obligations until the end of the lease term, or alternatively, to release the tenant from all obligations under the lease once a new tenant is approved.
  • This form is available as a downloadable and fully editable MS Word template.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
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PEI Lease Co-Signer Agreement

If you lease a rental unit to a tenant who is a minor, make sure a parent or guardian signs this Lease Co-Signer Agreement for Prince Edward Island.

  • The co-signer agrees to:
    • allow the landlord to run a credit check,
    • guarantee that the tenant complies with the rental agreement,
    • guarantee the payment of rent.
  • This legal form template is provided in MS Word format and is easy to download, fill in and print.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
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PEI Mutual Cancellation of Commercial Lease

Cancel an existing lease on office or retail space with this Prince Edward Island 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.
  • This legal form template is downloadable and fully editable to fit your needs.
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