Description
The notary's essential role in your commercial lease
- A commercial lease is an essential agreement between a landlord and a tenant. This specific contract enables the tenant to rent space for professional, commercial or industrial activities.
- Unlike residential leases, commercial leases offer flexibility and negotiable clauses that must be explicitly discussed and agreed by both parties.
- It is recommended that landlord and tenant undertake a detailed review of the commercial lease to ensure that all provisions meet their business requirements. This document forms the legal basis of their agreement, and ensures that the rights of both parties are protected.
- The commercial lease must be explicit on:
- Rent: The amount of rent and terms of payment must be clearly defined to avoid any ambiguity;
- Description of the leased space: It's crucial to give precise details of the space made available, including surface area and specific facilities;
- Use of Premises: Tenants must clearly indicate the intended use of the premises to ensure that it complies with the terms of the lease;
- Renewal Options : Lease renewal conditions must be mentioned, offering a long-term perspective to the tenant.
- Our commercial lease is designed to meet your needs with key clauses in the " Summary ".
- This document will meet your needs for the majority of commercial leases.
- For further legal information on commercial leases, please consult our frequently asked legal questions.
Other services offered
Summary
Overview of clauses available for the preparation of your commercial lease.
- Identification of the parties
- Definitions
- Leased premises
- Term
- Rent
- Use of leased premises and prohibited use
- Electricity, heating, ventilation and air conditioning
- Insurance - Repairs, alterations, destruction and improvements
- Rights and obligations of Lessor
- Rights and obligations of Lessee
- Option to purchase (Optional)
- Preferential right to purchase (or right of first refusal) (Optional)
- Expropriation
- Defaults
- Waiver
- Intervention of the guarantor (suretyship) (Optional)
- Notice and requests
- No automatic renewal
- Extension option (Optional)
- Additional and Special Clauses
- "Force majeure" (superior force)
- Successors and assigns
- Other covenants
Price
| Commercial lease | $165 |
Available options
| Renewal option | Included |
| Option to purchase | Included |
| Preferential right to purchase (or right of first refusal) | Included |
| Intervention of guarantor (suretyship) | Included |
| Extract from the resolution of a landlord that is a corporation | Included |
| Extract from the resolution of the Tenant that is a corporation | Included |
|
Questionnaires review with a member of our legal team No discount or credit is applicable to this option. |
$75 |
