British Columbia Renewal and Extension of Commercial Lease

Rent office or retail business premises in BC to a tenant with this Commercial Lease Agreement for Fixed or Monthly Tenancy.

• This lease contains clauses for either a fixed term or for a month-to-month tenancy.
• Other provisions of the Lease include:
  • responsibilities of each of the parties for payment of services and expenses,
  • landlord's responsibility for repairs and maintenance to the rental premises,
  • termination by either party,
  • provisions for renewal and extension of the lease term.
• Available in MS Word format and fully editable to fit your needs.
• Intended to be used only in the Province of British Columbia, Canada.

BC landlords, rent out office or retail premises to a tenant with this Commercial Triple Net Lease Agreement for British Columbia.

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.

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 British Columbia, Canada.

Prepare a Mutual Cancellation of Lease for a business or retail tenant with this easy-to-use template for British Columbia.

• 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 for use only in the Province of British Columbia, Canada.

Prepare a Nondisturbance Agreement for a commercial building in British Columbia with this downloadable template.

• A Nondisturbance Agreement gives your business tenants a measure of comfort that their leases will not be affected by any mortgage placed on the property by the landlord.
• The mortgage lender agrees that, if the landlord fails to make the mortgage payments, the tenant will continue to have the right to quiet possession of the premises, so long as the tenant is not in default under the lease.
• The tenant agrees not to surrender or assign the lease.
• Available in MS Word format.
• Intended to be used only in the Province of British Columbia, Canada.