Surrender of Commercial Lease | New Zealand

NZ landlords, lease office or retail space to a business tenant with this template New Zealand Deed of Lease for Commercial Property.

• Expiry.The Deed of Lease includes a right to renew, but if the tenant does not renew the lease and continues to occupy the space after the expiry of the tenancy, the lease becomes month to month.
• Rent Review. The document sets out a mechanism for current market rent reviews.
• Outgoings and GST. The tenant is responsible for paying service charges for the premises and a proportionate share of outgoings for the building, as well as any GST payable on the lease or the outgoings.
• Maintenance. The tenant is responsible for the care and maintenance of the leased premises.
• Insurance. The landlord must insure the building for full replacement and reinstatement insurance or indemnity to full insurable value on the premises.
• Guarantee. The guarantor guarantees performance of the tenant's obligations and indemnifies the landlord against claims.
• Car Park. Provisions for rental of the car park.
• Sublets. This Deed of Lease form can also be used for subleases.
• Schedules. The file includes a copy of Article 11 of the First Schedule of the Arbitration Act 1996.
• This lease contract template is fully editable and can be easily customised to meet your needs.
• Intended for use only within New Zealand.

License office, storage, or meeting space in a shared facility to a business or organisation with this New Zealand Licence to Occupy template.

• The relationship between the parties is that of licensor and licensee, rather than landlord and tenant.
• The licensee has no right of renewal. When the current term expires, if the parties wish to continue the occupancy, a new Licence to Occupy must be signed.
• The licensee is responsible for paying outgoings for the premises including water, gas, telephone, electricity, rubbish collection, and the like.
• The licensee is also responsible for obtaining and maintaining adequate insurance, including public liability nsurance.
• The licensor is responsible for maintaining the building, grounds, carparks, etc. and for maintaining service contracts for the lifts, air conditioning and other services supplied by the licensor.
• The licensor is also responsible for maintaining adequate property insurance for loss, damage, destruction, public liability and loss of rent.
• If the space is being occupied for regular functions, such as monthly meetings, the licensee must provide contact information for a person responsible for organising such functions.
• The Licence includes sample Rules of Internal Management for organisations, clubs, charities, sports teams and the like. There are also provisions covering sponsorship, generally intended for sports teams.
• This legal contract template is provided in MS Word format, and is fully editable to fit your specific needs.
• Intended for use only in New Zealand.

Cancel a tenant's lease of office or retail space in New Zealand with this easy-to-use downloadable agreement form.

When This Form Should be Used

The Cancellation of Lease Agreement is used to terminate a commercial business lease and to extinguish the rights and obligations of the parties under the lease.

This Cancellation Agreement is only for business / retail tenancies. It cannot be used for residential tenants.

Mutual Consent

Both the lessor (landlord) and lessee (tenant) consent to the termination of the lease as of a specific date.

Format and Legal Jurisdiction

This Mutual Cancellation of Commercial Lease template is available in MS Word format. It can be downloaded, filled in with the appropriate information, and printed for manual signatures or saved for digital signing. Buy the form once, use it as often as needed.

This legal template is intended to be used only within New Zealand.