Commercial Lease Forms

• The guaranty is given by a principal of the company, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
• A guarantee of this type is typically required as an inducement to the lessor ⁄ landlord to sign the lease.
• The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.

Cancel a lease of office or retail premises with this Oregon Mutual Cancellation of Commercial Lease form.

• This agreement is only for commercial tenancies. Use this 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.
• Available in MS Word format.
• Intended to be used only in the State of Oregon.

Renew a business tenant's lease with this affordable Oregon Renewal and Extension of Commercial Lease.

• The tenant has no further right to extend or renew the lease.
• The renewal contract sets out the new expiry date and the rental payments for the renewal term.
• All other terms and provisions of the original lease remain in full force and effect.
• This Agreement is for commercial properties. For residential tenancies, a Residential Lease Extension form is required.
• Easy to use, fully editable so you can customize it to your exact needs.
• Intended to be used only in the State of Oregon.

Rent all or part of a parking lot to a business tenant for the use of its customers with this Parking Lot Lease Agreement.

• Renewal. The lessee has the option to renew the lease after the initial term.
• Repairs and Maintenance. The lessee must pay its proportionate share of parking lot maintenance and repair costs, including landscaping, sidewalks, asphalt, etc.
• Snow Removal. The lessee is responsible for snow and ice removal from its portion of the parking lot.
• Indemnification. The lessee indemnifies the lessor against any loss, damage or liability arising from any default, or tortious or negligent act on the part of the lessee.
• Available in MS Word format and fully customizable.

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.

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.

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.

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.

Prepare an Offer to Lease a commercial premises (business, retail, office or warehouse) with this easy-to-use template for Prince Edward Island.

• Once accepted, the Offer will become legally binding.
• The lease will be a completely net and carefree lease to the landlord.
• The tenant will pay utilities, and a proportionate share of taxes and operating costs as additional rent.
• The tenant will also be responsible for all repairs (other than structural repairs), and carrying public liability insurance.
• The landlord will pay the tenant an improvement allowance for leasehold improvements.
• The template includes a Schedule describing Landlord's Work and Tenant's Work.
• This is a fully customizable legal form template in MS Word format.
• Intended to be used only in the Province of Prince Edward Island, Canada.

PEI commercial landlords, renew and extend a business tenant's lease with this template Prince Edward Island Renewal and Extension of Commercial Lease.

• The parties agree to the expiry date of the new lease term, and the rental payments for the new term.
• The tenant has no further right to extend or renew the lease.
• The remaining terms and provisions of the original lease remain in full force and effect.
• This form is for commercial leases only. Use the Extension of Residential Lease form for residential tenancies.
• Intended to be used only in the Province of Prince Edward Island, Canada.