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    Ontario Offer to Lease Commercial Premises


    Make an offer to lease a commercial premises (business, retail, office or warehouse) with this easy-to-use template for properties in Ontario.

    • 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 of Landlord's Work and Tenant's Work.
    • This is a downloadable file that you can customize with the details of your leasing offer.
    • Intended to be used in the Province of Ontario, Canada.
    Download Type: Microsoft Word
    Last Updated: 24-January-2022
    SKU: 2537
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    Letter of Intent to Lease Commercial Space


    Negotiate the lease of a business premises before drawing up a formal lease document with this Letter of Intent to Lease Commercial Space.

    The Letter of Intent itself is not a legal contract. Its purpose is to ensure that both the landlord and the proposed tenant have the same understanding of the lease terms discussed, such as:
    • square footage of the leased premises,
    • allowed use of the space,
    • compliance with zoning bylaws and obtaining of permits,
    • the amount and payment dates of rent payments,
    • the tenant's occupancy costs,
    • early occupancy for completion of tenant improvements,
    • landlord's work and tenant's work,
    • parking access,
    • insurance obligations,
    • procedure for terminating the lease,
    • confidentiality provisions,
    • disclosure of broker representation.

    The Letter of Intent to Lease Commercial Space is a great time-saving tool for commercial landlords and property managers. Download your copy now.