Prince Edward Island

Create professional commercial leasing documents for PEI business premises quickly and easily with these template forms.

  • Lease forms and commercial landlord-tenant forms specifically for the Province of Prince Edward Island.
  • Customizable and re-usable templates. Downloadable and easy to use.
  • These templates can be used for offices, retail premises, and warehouse space.
  • Instant download after purchase.
  • Ideal for commercial landlords and rental property managers.

 

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PEI Assignment of Lease by Landlord

Assign an existing lease on a PEI rental property to a new owner with this Prince Edward Island Assignment of Lease by Landlord.

  • The Assignment is between the seller (current landlord), the purchaser of the property (new landlord), and the tenant, and is part of the documentation required to complete the sale of the rental premises.
  • The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
  • The purchaser and seller agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
  • The Assignment form can be used for both commercial and residential rental properties.
  • Available in MS Word format.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
$11.99

PEI Commercial Triple Net Lease Agreement

PEI commercial landlords, rent out office or other business premises to a tenant with this Commercial Triple Net Lease Agreement for Prince Edward Island.

  • This lease is a triple net lease carefree to the landlord, which means that the tenant pays for everything to do with the premises including structural repairs.
  • The tenant has an option to renew the lease for an additional term.
  • The tenant will pay all expenses, taxes, levies, and charges with respect to the premises, except for the landlord's income taxes.
  • The tenant is responsible for carrying fire and extended coverage insurance.
  • The tenant is responsible for all alterations, improvements, maintenance and repairs.
  • Clauses outlining abatement of rent or termination of the lease in 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.
This Prince Edward Island Commercial Triple Net Lease Agreement template is available in MS Word format, and is fully editable to fit your needs.
$29.99

PEI Mutual Cancellation of Commercial Lease

Cancel an existing lease on office or retail space with this Prince Edward Island Mutual Cancellation of Lease template.

  • 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 to be used only in the Province of Prince Edward Island, Canada.
$2.29

PEI Nondisturbance Agreement

Prepare a Nondisturbance Agreement for Prince Edward Island commercial properties with this downloadable template.

  • A nondisturbance agreement gives your business tenants a measure of comfort when you are putting a mortgage on the building.
  • The mortgage lender agrees that, if the landlord defaults on the mortgage and the property is foreclosed upon, the tenant shall continue to occupy the premises undisturbed, provided that the tenant is not in default under the lease.
  • This legal form template is provided in MS Word format and is fully editable to meet your specific circumstances.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
$6.29

PEI Offer to Lease Commercial Premises

Prepare an Offer to Lease a commercial premises (business, retail, office or warehouse) with this easy-to-use template for Prince Edward Island.

  • 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 describing Landlord's Work and Tenant's Work.
  • This is a fully customizable legal form template in MS Word format.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
$29.99

PEI Renewal and Extension of Commercial Lease

PEI commercial landlords, renew and extend a business tenant's lease with this template Prince Edward Island 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 form is for commercial leases only. Use the Extension of Residential Lease form for residential tenancies.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
$6.29

PEI Standard Form Commercial Lease

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

  • The tenant has the option to renew the lease after the initial term expires.
  • The template contains optional provisions for mechanical and structural repairs, depending on whether (i) the landlord is responsible for paying for the repairs, or (ii) the tenant is responsible for all repairs.
  • The lease also contains alternate paragraphs for payment of the property taxes, depending on whether the landlord or the tenant will be paying the taxes.
  • The tenant agrees not to register its leasehold interest against title to the property, but has the right to register a caveat so long as the tenant discharges the caveat at the end of the lease.
  • The landlord is not responsible for death or injury to persons on the premises, or for any loss or damage of personal property. The tenant indemnifies the landlord against any claims or actions arising from the lease or the tenant's use of the premises.
  • Available in MS Word format, fully editable to meet your needs.
  • Intended to be used only in the Province of Prince Edward Island, Canada.
$29.99