Ontario Notice of Assignment of Commercial Lease

Notify your business tenants that their leases have been transferred to a new owner with this Ontario Notice to Tenants of Assignment of Commercial Lease.

When a building with commercial tenants is sold, it is essential to inform all business tenants that their leases have been transferred to the new owner. This Ontario Notice of Assignment form serves that purpose, ensuring transparency and compliance with provincial laws.

Notification Requirement

The landlord of the building must provide written notice to all leasehold tenants immediately following the sale of the premises. This ensures that tenants are aware of the change in ownership and understand how it affects their lease agreements.

Instructions for Rent Payment

Included in this Notice are clear instructions directing tenants to pay their rent to the new landlord from the date of the assignment onward. This helps to avoid confusion and ensures that rental payments are correctly processed.

Template Features

The form is a fully editable and reusable MS Word template, allowing landlords to use it whenever necessary. It is a convenient and economical option for landlords and rental property managers.

Jurisdiction

This Notice is intended solely for use within the Province of Ontario, Canada.

Document Type: Microsoft Word
Last Updated: 05-October-2025
SKU: 1757
$5.99
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