Property

ON landlords, if you are signing a lease with a tenant who is a student and/or a minor, make sure a parent or guardian of the tenant executes this Ontario Lease Co-Signer Agreement.

• The co-signer agrees to:
  • have the landlord check the co-signer's credit,
  • guarantee that the tenant complies with the terms of the tenancy,
  • guarantee the payment of rent.
• Available in MS Word format, easy to download, fill in and print.
• Intended to be used only in the Province of Ontario, Canada.

Cancel an existing lease on office or retail space with this Ontario 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.
• The template is downloadable and fully editable to fit your needs.
• This form is intended for use only in the Province of Ontario, Canada.

Prepare a Nondisturbance Agreement with this downloadable template for a commercial building in Ontario.

• The purpose of a Nondisturbance Agreement is to give each tenant a measure of comfort if you are mortgaging 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 Nondisturbance Agreement 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 Ontario, Canada.

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.

Give notice to a condominium owner that a lien is claimed against their unit for unpaid charges with this Form 14, Notice of Lien to Owner, under the Ontario Condominium Act 1998.

• The Notice must be served on the unit owner in accordance with subsection 85(4) of the Act.
• The condo corporation claims a lien for all unpaid common expenses, plus the costs of collection.
• The lien may be enforced against the owner in the same manner as a mortgage.
• This is a reusable legal form - buy, download, fill in, use the template as often as you require.

ON commercial landlords, if one of your business tenants has defaulted under their lease, serve them with this Ontario Notice of Termination and Forfeiture of Lease.

• The Notice of Termination informs the tenant that, in accordance with the Commercial Tenancies Act, the landlord has changed the locks and the lease has been terminated and forfeited.
• The landlord will seek damages for the unexpired balance of the term.
• The Notice form includes an Acknowledgement and Surrender of Premises form to be signed by the tenant.
• Available in MS Word format.
• Intended for use only in the Province of Ontario, Canada.

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

• 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 Ontario, Canada.

ON land owners, lease pasture land to a tenant with this Ontario Pasture Lease template.

• The term of the lease can be either for a fixed number of years with an option to renew, or a continuing term which reverts to a yearly lease after the initial term expires.
• The lease contains two options to determine how rent will be calculated - either based on (i) the number of acres of pasture land, or (ii) the number of livestock grazing the land.
• The tenant is responsible for ensuring that livestock do not break through fences, and must ensure that all animals meet the landlord's approval with respect to health, breed, sex, age, and number of animals.
• The tenant must use the land for agricultural purposes only.
• The tenant must comply with all federal, provincial and local environmental laws, rules and regulations, and must ensure proper waste disposal and storage of chemicals.
• The tenant must carry sufficient insurance satisfactory to the landlord, including spill insurance.

Ontario realtors, take advantage of corporate tax rates on the commissions you earn by setting up a personal real estate corporation (PREC) and running your revenues through it.

• This Remuneration Agreement between the realtor, the PREC and the realtor’s brokerage establishes the relationship between the parties and sets out how revenues earned by the realtor will be paid.
• The realtor is engaged by the brokerage as a real estate salesperson and is the incorporator and shareholder of the PREC.
• Remuneration earned by the realtor is paid by the brokerage to the PREC instead of directly to the realtor.
• The Agreement does not create an employment, agency, partnership, joint venture or similar relationship between the brokerage and either of the other parties.
• The PREC and the realtor are responsible for withholding and remitting all required taxes and EI and other contributions.
• The PREC personnel are not eligible to participate in any benefit or compensation programs offered by the brokerage to its own employees.
• The PREC does not carry on business as a real estate brokerage.
• This document complies with the laws of the Province of Ontario, Canada.

Buy and sell commercial real estate property in Ontario with this Offer to Purchase and Agreement of Purchase and Sale for Commercial Property.

• The seller is responsible for all expenses and taxes on the property up to the closing date. The buyer is responsible for those costs from and including the closing date.
• The seller is entitled to all rental revenues up to the closing date. From and including the closing date, the buyer will receive all rents from the property.
• The seller will make available to the buyer all documents, authorizations, records, etc. to allow the buyer to perform its due diligence and complete its inspection and any environmental or structural audits required.
• The buyer agrees to assume the existing tenants and leases, but is not obligated to assume any contracts for supply of products or services to the property.
• The seller agrees not to enter into any new leases prior to closing, and will notify all utility and other services of the change of ownership.
• This legal form is available as a Microsoft Word file and is fully editable to fit your circumstances.
• Intended for use only in the Province of Ontario, Canada.