Get your landlord's consent to place a mortgage against your business lease with this British Columbia Consent of Landlord for Tenant Mortgage.
- The commercial tenant needs to secure loan financing by allowing a lender to register a mortgage on the lease by means of a sublease.
- The landlord agrees to provide the lender with information regarding the lease that the lender may require.
- The landlord will give the lender advance notice before terminating the lease because of a default on the part of the tenant.
- The landlord agrees not to seize any of the tenant's equipment or goods for non-payment.
You cannot mortgage your lease without your landlord's consent. Download the British Columbia Consent of Landlord
form and get it signed for your mortgage lender.
Last Updated: 14-April-2016