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PEI Commercial Triple Net Lease Agreement
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.
$29.99
PEI Mutual Cancellation of Commercial Lease
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.
$2.29
PEI Renewal and Extension of Commercial Lease
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.
$6.29