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Document Id : 3209
File Type : Microsoft Word
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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.
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