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    Alberta Commercial Triple Net Lease Agreement


    Rent a business premises in Alberta to a tenant with this Commercial Triple Net Lease Agreement.

    • This lease is a triple net lease to the landlord, and the tenant agrees to pay for all costs with respect to 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.
    • Procedures in the event of damage, destruction, or condemnation of the building.
    • Subordination of the lease to a mortgage or other lien.
    • The tenant must provide an estoppel certificate on request by the landlord.
    • If the tenant holds over (i.e. stays in the premises) after the lease term expires, the tenancy reverts to a monthly tenancy.
    • This legal document is intended for use in the Province of Alberta, Canada.
    • The Alberta Triple Net Lease Agreement template can be used for office or retail space.
    Download Type: Microsoft Word
    Last Updated: 11-October-2018
    SKU: 4060
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