The Commercial Lease Termination Notice is a critical document used in Canadian commercial property relations when either a landlord or tenant wishes to end a commercial lease agreement. This document is essential when one party needs to formally communicate their intention to terminate the lease, whether at the end of the term or through an early termination provision. It must comply with provincial commercial tenancy laws and typically requires careful attention to notice periods, delivery methods, and specific content requirements. The notice should be used when there is a clear legal basis for termination, such as lease expiration, breach of contract, or mutual agreement. It serves as an official record of the termination intention and often forms the basis for subsequent property surrender and final settlement procedures.
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1. Sender Details: Full legal name and address of the party sending the notice (typically the tenant or landlord)
2. Recipient Details: Full legal name and address of the party receiving the notice
3. Property Identification: Complete legal description and address of the leased premises
4. Lease Reference: Details of the original lease agreement including date of execution and parties
5. Termination Declaration: Clear statement of intent to terminate the lease
6. Effective Date: Specific date when the termination will take effect
7. Legal Basis: Reference to the specific clause in the lease agreement or law permitting the termination
8. Surrender Details: Information about when and how the premises will be surrendered
9. Signature Block: Space for date and signature of the terminating party
1. Outstanding Obligations: Section detailing any remaining rent, utilities, or other payments due
2. Security Deposit: Details regarding the return of security deposit, if applicable
3. Restoration Requirements: Specific requirements for restoring the premises to original condition
4. Forwarding Address: New address for future correspondence and return of security deposit
5. Dispute Resolution: Include if there are ongoing disputes or specific resolution procedures required
6. Without Prejudice: Include this section if the termination is part of ongoing negotiations or potential legal proceedings
1. Proof of Delivery: Documentation proving proper service of the notice
2. Original Lease Agreement: Copy of the relevant lease agreement being terminated
3. Property Condition Report: Current condition assessment of the premises
4. Payment History: Record of rent payments and other financial obligations
5. Photographic Evidence: Photos documenting the current state of the premises
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Lease Administrator
Asset Manager
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