Yukon Mutual Cancellation of Commercial Lease

Rent out office or other business premises in Yukon Territory to a tenant with thisCommercial Triple Net Lease Agreement.

• 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.
• Provisions for abatement of rent or termination of the lease if the building is substantially damaged, destroyed or condemned.
• 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 template is available in MS Word format and is fully editable to fit your needs.
• Intended to be used only in the Yukon Territory, Canada.

Write up an Offer to Lease a commercial premises (business, retail, office or warehouse) with this easy-to-use template for Yukon Territory.

• 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 Yukon Territory, Canada.

Renew and extend a business tenant's lease in the Yukon with this downloadable, easy-to-use template.

Key Provisions of Renewal and Extension Agreement

The landlord and tenant both agree to the expiry date and the rental payments and other costs for the new term. The remaining terms and provisions of the original lease will remain in full force and effect.

This is a one-time only extension. The tenant has no further right to extend or renew the lease. Once the new term expires, the parties must negotiate a new lease.

When to Use the Renewal and Extension Agreement

This form is for commercial leases only. You will need to use the Extension of Residential Lease form for residential tenancies.

Format and Legal Jurisdiction

This is a fully customizable MS Word document which can be reused as often as needed. It is intended to be used only in the Yukon Territory, Canada.

AI Disclaimer

This Commercial Lease Renewal and Extension Agreement was prepared by human document reviewers, and was not generated using AI tools.