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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.

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How much is commercial rent in Ontario?

The average industrial lease rate for Q4 2023 was $17.24, down slightly from $17.42 in Q4 2022. The average commercial/retail lease rate was $26.80, up from $21.63 in Q4 2022. The average office lease rate, at $20.78, was higher than the average of $19.89 reported in Q4 2022. Commercial Report - TRREB trreb.ca index.php market-news commercial- trreb.ca index.php market-news commercial-

How do you assign a commercial lease?

The process of assignment of a lease is essentially selling the lease to a third party (the assignee). If you are a commercial property tenant, your contract likely contains a clause that allows you to assign your lease to a new tenant. To do this, you will need to find a potential new tenant yourself.

Is there a standard commercial lease in Ontario?

Is there a standard commercial lease in Ontario? Unlike residential lease agreements, there is not one standard commercial lease since every business is different.

How long is a commercial lease in Ontario?

Ontarios commercial lease length typically ranges between one and ten years. Startups and businesses requiring minimal space often lean toward shorter terms. Large office and retail leases generally run 5-10 years or longer. How Long are Most Commercial Leases? | Summit Properties summitproperties.ca how-long-are-comme summitproperties.ca how-long-are-comme

How do commercial leases work in Canada?

Commercial leases in Canada are typically on a fully net basis, which requires a tenant to pay basic rent plus a proportionate share of the realty taxes, insurance, utility and other maintenance charges for the building. Leasing a place of business - Osler, Hoskin Harcourt LLP osler.com business-in-canada real-property osler.com business-in-canada real-property

Does Ontario have a standard lease?

The Ontario government introduced a mandatory standard lease template in 2018 to simplify the rental process, ensure clarity, and protect the rights of both landlords and tenants. Do landlords have to use the standard lease in Ontario? royalyorkpropertymanagement.ca news-article royalyorkpropertymanagement.ca news-article

Does Google Docs have a lease agreement template?

Real estate professionals and property owners can streamline the process of creating commercial lease agreements using the ClickUp Commercial Lease Agreement Template for Google Docs.

Does Word have a lease agreement template?

Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.

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Copy data in the Commercial Lease Agreement Template

Copy data in Commercial Lease Agreement Template trouble-free with DocHub.

How to copy data in Commercial Lease Agreement Template without breaking a sweat:

PDF editing simplified with DocHub

Drive efficiency with the DocHub add-on for Google Workspace