Embed URL in the Free Commercial Lease Agreement

Aug 6th, 2022
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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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The rules for ending a tenancy depend on whether you have signed a month-to-month or fixed-term commercial lease. For a month-to-month commercial lease, the commercial tenant (or the landlord) must provide one months written notice of their intention to end the tenancy under s.
If the landlord sells the property before the end of lease then he or she must ensure that the buyer agrees to continue the existing rental agreement. The buyer, as a new landlord, must then comply with the agreement and cannot unlawfully force the tenant out before the end of the lease.
Site Lease Agreement means the agreement between Owner and Landlord, whether license, lease or otherwise, whereby Owner acquires the right to occupy, build and operate a Site on Landlords property.
Is there a standard commercial lease in Ontario? Unlike residential lease agreements, there is not one standard commercial lease since every business is different.
It outlines tenants and landlords rights, responsibilities, and obligations, covering essential aspects such as rent, lease terms, security deposits, maintenance, repairs, and dispute resolution. The Commercial Tenancies Act also addresses issues related to eviction, lease termination, and lease assignment.
Month-to-month leases allow the tenant to vacate the property after giving the landlord a thirty-day notice of intent to leave. The notice should be in writing, list the property address, list name of landlord and tenant, list the date the lease will be terminated, and be dated and signed by the party.
If it is a monetary default and the lease does not specify the notice period, the Ontario Commercial Tenancies Act states that if the rent remains unpaid for fifteen days, the landlord may terminate the lease and repossess the premises.

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