Nova Scotia Nondisturbance Agreement

This Nova Scotia Commercial Net Lease Agreement is a comprehensive legal template that makes it easy to write all your leases in a standardized format.

This document is provided in a downloadable MS Word format and can be fully customized to suit individual requirements.

Net Lease Terms

Under the terms of this Lease, the arrangement is “net” to the landlord. The tenant assumes responsibility for paying all taxes, charges, and assessments that may be levied against the premises.

Indemnification

The lease requires the tenant to indemnify the landlord against any loss or damage that may occur in connection with the premises.

Insurance Requirements

Tenants are obligated to obtain and maintain insurance coverage as specified by the landlord, ensuring adequate protection throughout the lease term.

Acceleration of Rent

Should the tenant undergo bankruptcy, liquidation, or receivership, the agreement includes provisions for the acceleration of rent, requiring immediate payment of outstanding amounts.

Removal of Fixtures and Chattels

At the conclusion of the lease term, tenants retain the right to remove their fixtures and chattels from the premises.

Tenant’s Continuing Liability

If the lease is transferred or assigned, or if the premises are sublet, the tenant remains liable for all obligations under the lease agreement.

Renewal and Holdover Options

Tenants are given the option to renew the lease for an additional term. Should the lease not be renewed and the tenant continues to occupy the premises beyond the original term, the agreement stipulates that the tenancy will convert to a month-to-month arrangement.

Jurisdiction

The template is intended for use only in the Province of Nova Scotia, Canada.

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

• 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 Nova Scotia, Canada.

NS commercial landlords, renew and extend a business tenant's lease with this Nova Scotia 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 template is for commercial leases only. Use the Extension of Residential Lease form for residential tenancies.
• Available in MS Word format.
• Intended to be used only in the Province of Nova Scotia, Canada.