Manitoba Offer to Lease Commercial Premises

Rent out office or retail premises to a tenant in Manitoba with this Commercial Triple Net Lease Agreement.

What is a triple net lease?

This lease is a triple net lease carefree to the lessor (landlord). This means that the lessee (tenant) is responsible for paying all costs and expenses associated with the leased premises, except for the landlord's income taxes.

Key Features of the Lease

• The tenant has an option to renew the lease for an additional term.
• The base minimum yearly rent will be adjusted for each year of the lease term.
• The tenant is responsible for carrying fire and extended coverage insurance.
• Clauses outlining abatement of rent or termination of the lease 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.

Indemnification of Landlord

The tenant indemnifies the landlord against all liabilities, claims, damages, demands and actions arising from the tenant's breach or nonperformance under the lease. The landlord will not be liable for any loss or injury suffered by any person on the premises at any time.

Included with Template

The lease template includes a form of Estoppel Certificate and a sample set of Rules and Regulations to be followed by the tenant.

Format and Use of Document

The document template is available in MS Word format and is fully editable to meet your particular circumstances. It is intended to be used only in the Province of Manitoba, Canada.

Rent out office or retail business premises in Manitoba to a tenant with this Standard Form Commercial Lease Agreement.

• The tenant has the option to renew the lease after the initial term expires.
• The lease template contains alternate paragraphs depending on whether the landlord is responsible for mechanical and structural repairs, or if the tenant is responsible for all repairs.
• The lease also contains alternate paragraphs for payment of the property taxes, depending on whether the landlord or the tenant will be paying the taxes.
• The tenant agrees not to register the lease against title to the property, but has the right to register a caveat so long as the tenant discharges the caveat at the end of the lease.
• The landlord is not responsible for death or injury to persons on the premises, or for any loss or damage of personal property. The tenant indemnifies the landlord against any claims or actions arising from the lease or the tenant's use of the premises.
• This legal form is provided in MS Word format and is fully editable to fit your needs.
• Intended for use only in the Province of Manitoba, Canada.