What are the benefits of this commercial lease agreement template?
The present commercial lease agreement template allow to define and customise:
- The duration of the rent;
- Renewal options and renewal rights;
- Insurance and subletting;
- Amount of rental payments; and
- What each side can and can’t do with the premises.
It’s written to work as a commercial lease agreement in Ontario, a commercial lease agreement in Alberta, or anywhere else in Canada, with room for provincial specifics.
Can I use this template for residential tenancies?
This document template is drafted for commercial tenancies only, which fall largely outside the protections that cover residential tenants. For the landlord, it secures the rent, the term, and the tenant’s obligations. For the tenant, it fixes the cost and the right to occupy. Given the amounts and the length of a typical commercial lease, both sides should have it reviewed before signing — but starting from a proper template rather than a blank page saves considerable time and legal cost.


