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PEI Commercial Triple Net Lease Agreement
PEI commercial landlords, rent out office or other business premises to a tenant with this Commercial Triple Net Lease Agreement for Prince Edward Island.
- 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.
- Clauses outlining abatement of rent or termination of the lease in the event of damage, destruction, or condemnation of the building.
- The tenant accepts the lease subordinate to any mortgage or other lien.
- The tenant must provide an estoppel certificate on request by the landlord.
$29.99
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.
- Intended to be used only in the Province of Prince Edward Island, Canada.
$2.29
PEI Nondisturbance Agreement
Prepare a Nondisturbance Agreement for Prince Edward Island commercial properties with this downloadable template.
- A nondisturbance agreement gives your business tenants a measure of comfort when you are putting a mortgage on 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 legal form 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 Prince Edward Island, Canada.
$6.29