Product tags
Related products
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.
$29.99
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