Ontario Short Form Commercial Lease Agreement

Lease office, retail or other business space to a tenant under the terms of this Short Form Commercial Lease Agreement for Ontario.

  • The three parties to the lease are the landlord, the tenant, and an indemnifier (typically, a principal of a corporate tenant) who covenants to perform all of the tenant's obligations and will pay any amounts due under the lease if the tenant defaults.
  • In addition to Rent, Tenant will pay as Additional Rent:
    • pro-rated share of utilities, municipal taxes, insurance and other expenses related to the property,
    • full cost of services supplied to the premises, repairs and maintenance, and other expenses related to the leased premises.
  • Tenant has the right to have the Additional Rent costs audited by an independent CPA.
  • Tenant is responsible for repairs to and maintenance of the leased premises.
  • Tenant will ensure that all activities in the premises comply with applicable environmental laws.
  • Tenant is required to carry business interruption insurance, public liability, and property damage insurance in stated amounts.
  • Other lease provisions include:
    • damage or destruction of the premises and/or the building,
    • Landlord's remedies on default by Tenant,
    • Tenant's signage,
    • subordination,
    • force majeure,
    • construction liens,
    • renewal option.
  • This template is a fully customizable MS Word document.
  • Intended to be used only in the Province of Ontario, Canada.
Document Type: Microsoft Word
Last Updated: 14-March-2025
SKU: 9211
$39.99
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Ontario Standard Form Commercial Lease

Rent out office or retail premises in Ontario to a business tenant with this Standard Form Commercial Lease Agreement.

  • The three parties to the lease are the landlord, the tenant, and an indemnifier (typically, a principal of a corporate tenant) who covenants to perform all of the tenant's obligations and will pay any amounts due under the lease if the tenant defaults.
  • The lease contains environmental covenants by both Tenant and Landlord.
  • Landlord will provide heat, ventilation and cooling systems for the premises and the building, electric power sources, and maintenance and repair of same.
  • Landlord is responsible for the operation, maintenance and repair of all systems, facilities and equipment necessary for the proper operation of the building in which the premises are located.
  • Other provisions of the lease include (among others):
    • Landlord and Tenant taxes,
    • Landlord and Tenant insurance,
    • mutual release and indemnity,
    • surrender and holding over,
    • Landlord's rights on default.
  • Exhibits to the lease include:
    • Determination of occupancy costs,
    • Rules and Regulations,
    • Landlord's and Tenant's Work.
  • Available in MS Word format and fully editable to fit your needs.
  • Intended to be used only in the Province of Ontario, Canada.
$64.99