Ontario Notice of Termination and Forfeiture of Lease

As a prerequisite to signing a lease on a commercial premises, a corporate tenant must pass a resolution authorizing the lease.

• This downloadable template Resolution form can be used by Canadian companies incorporated federally or in Alberta, BC, Saskatchewan, Ontario, New Brunswick, Nunavut, Yukon and NWT.
• The form is easy to use - just fill it in and print it for signature by the directors. You can re-use it as often as you like.

The landlord will require proof of corporate approval as part of the lease documentation. Buy and download the Canada Directors Resolution Authorizing Execution of Lease form.

Ontario commercial landlords, prepare lease contracts for your tenants with this Commercial Lease Agreement with Guarantee.

• The lease is a completely carefree net lease for the landlord.
• The tenant pays, as additional rent, all expenses for the premises including taxes, utilities, capital expenditures, insurance, etc.
• Provisions for early occupancy and for failure to take possession.
• The tenant has an option to renew at the end of the term.
• The tenant is obligated to do business in the premises.
• The tenant has the right to remove its trade fixtures at the end of the term, provided that the tenant has perfomed its obligations under the lease.
• Guarantee of tenant's obligations by a guarantor who has a financial interest in the tenant.
• This legal form template is provided in MS Word format and is fully editable to fit your specific circumstances.

Cancel an existing lease on office or retail space with this Ontario 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.
• The template is downloadable and fully editable to fit your needs.
• This form is intended for use only in the Province of Ontario, Canada.