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LEASEE'S PROFILE LEASE APPLICATION FORM CORPORATE LEASE DATE OF INCORPORATION: ................................. DATE OF COMMENCEMENT OF BIZ: .................. NAME: .

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Most office, retail and industrial space in Canada is available only through a commercial lease. Most commercial lease transactions start with a binding offer to lease that sets out the most important business terms; a non-binding letter of intent could also be used for this purpose, although it is less commom.

Assignments of Business Leases It is open to a landlord to request a guarantor or a rent deposit if the incoming tenant is of poor covenant strength. Once the landlord's consent has been obtained, the tenant and assignee can enter into a deed of assignment to transfer the lease to the assignee.

a) Annual rent It is calculated based on a simple equation of rentable square footage multiplied by each unit of usable square feet available. This is the easiest method of applying for a commercial lease as the tenant only needs to pay for the amount of tangible space that they can use.

Here we guide you through the steps to follow before you sign a business lease. Work out whether you're taking out a lease or a sublease. ... Take note of the permitted use class. ... Carry out title investigations, searches and enquiries. ... Instruct a surveyor. ... Check the Stamp Duty Land Tax and any Land Registry fees.

A guarantor for a commercial lease is a person or company with capacity that guarantees the commercial tenant will carry out their lease obligations and do so for them should they not.

For example, a tenant and landlord may agree to a five-year lease with a five-year option to renew. At the end of the first five years, the tenant is given the chance to continue the lease for another five years. If you think you may renew, be sure to bring up extension provisions with your landlord.

It should outline key information including your preferred tenancy start date, the rental amount you're prepared to pay, any requests for the property – such as a professional clean to be carried out prior to the start of the tenancy – any furniture you'd like provided or removed, and so on.

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.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232