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    Ontario Commercial Triple Net Lease Agreement


    Rent out office or other business premises to a tenant with this Ontario Commercial Triple Net Lease Agreement.

    • 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.
    • Provisions for abatement of rent or termination of the lease if the building is substantially damaged, destroyed or condemned.
    • The tenant accepts the lease subordinate to any mortgage or other lien.
    • The tenant must provide an estoppel certificate on request by the landlord.
    • This is a fully editable legal form template available in MS Word format.
    • Intended for use solely in the Province of Ontario, Canada.
    Download Type: Microsoft Word
    Last Updated: 31-January-2022
    SKU: 5842