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Alter Commercial Lease Termination Notice

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Aug 6th, 2022

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How to Alter Commercial Lease Termination Notice

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33 votes

whats the best next step if a tenant vacates on the day provided the 60 day notice but didnt pay remaining months well this ones easy lets say you give someone a 60-day notice to vacate you say uh were here in the month of December and Im going to terminate your lease 60 days from now were going to make it effective the end of February and you send out that notice in the month of December and then January 1st comes and they dont pay rent well the truth is you dont have to wait until the end of February before you start anything we talked earlier about the opening of the door if the tenant opens the door with some other bdocHub in this case non-payment in the month of January issue a notice to vacate for non-payment of rent in the month of January this is easy in fact itll be much easier for you to prove your case due to non-payment than to wait for holdover along with skipping out on on unpaid rent um its its possible that you know theyll just leave in the middle of the pr

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How does a tenant terminate a commercial lease?

A break clause is written into the commercial lease from the outset and allows a Tenant (and even a Landlord) to end a lease early by serving a notice on the other party.

Do you need to give notice to end a commercial lease?

Usually, the tenant can only leave at the end of a period (before the next payment of rent is due), but must give at least the amount of notice required in the lease (3 months if not contracted out).

How do I amend lease terms?

If you are a leaseholder, you cannot change the lease terms without agreeing such change with your landlord. The reason for this is that as the lease is a contract between two parties, the leaseholder and the landlord, both parties must agree to change (referred to also as variation) of the terms of the lease.

How do I terminate a commercial lease in Ontario?

For a monthly lease, you must provide the landlord one months written notice in advance. If the lease does not specify the lease as monthly, then in ance with the Commercial Tenancies Act, section 28, a months notice given no later than the end of the month is sufficient notice.

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