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Amendment To Commercial Lease Agreement for Canada

Amendment To Commercial Lease Agreement Template for Canada

A legal document governed by Canadian commercial tenancy laws that modifies specific terms and conditions of an existing commercial lease agreement between a landlord and tenant. This document formally records agreed changes to the original lease terms, which may include modifications to rent, lease term, space configuration, permitted use, or other material terms. The amendment must comply with provincial commercial tenancy regulations and property laws, ensuring all modifications are properly documented and legally binding while maintaining the integrity of the original lease agreement.

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What is a Amendment To Commercial Lease Agreement?

An Amendment To Commercial Lease Agreement is a crucial document used when parties to an existing commercial lease need to modify their original agreement while keeping the base lease intact. This document type is commonly used in Canadian commercial real estate transactions when circumstances require changes to lease terms, such as rent adjustments, space modifications, term extensions, or updates to other significant provisions. The amendment must comply with provincial commercial tenancy laws and typically requires careful review to ensure consistency with the original lease terms. It's particularly important in situations where full lease renegotiation is unnecessary but specific terms need updating to reflect new arrangements between the parties. The document should be drafted with consideration of provincial registration requirements and any specific local regulations governing commercial tenancies.

What sections should be included in a Amendment To Commercial Lease Agreement?

1. Parties: Identification of the Landlord and Tenant as they appear in the original lease, including their current legal names and addresses

2. Background: Reference to the original lease agreement including its date, parties, and property description, plus any previous amendments

3. Definitions: Key terms used in the amendment, incorporating definitions from the original lease and any new terms introduced

4. Amendment Details: Specific modifications to the original lease, clearly stating which sections are being amended and the new language

5. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original lease remain unchanged and in full force and effect

6. Effective Date: The date when the amendments take effect

7. Binding Effect: Confirmation that the amendment is binding on all parties and their successors and assigns

8. Counterparts and Execution: Provisions for signing the amendment, including allowance for electronic or counterpart execution if applicable

What sections are optional to include in a Amendment To Commercial Lease Agreement?

1. Recitals: Additional background information explaining the reasons for the amendment, used when context is important for interpretation

2. Landlord's Work: Include when the amendment involves modifications to the premises or new landlord obligations

3. Tenant's Work: Include when the amendment involves tenant improvements or modifications

4. Rental Adjustment: Include when the amendment modifies rent, operating costs, or other financial terms

5. Extension Terms: Include when the amendment modifies the lease term or renewal options

6. Additional Provisions: For any new provisions not contemplated in the original lease

7. Representations and Warranties: Include when parties need to make new representations about their authority or other matters

8. Lender Consent: Include when required by the original lease or mortgage documents

What schedules should be included in a Amendment To Commercial Lease Agreement?

1. Schedule A - Amended Lease Terms: Detailed listing of specific lease clauses being modified, showing both original and new language

2. Schedule B - Revised Floor Plan: Include when the amendment involves changes to the leased premises or common areas

3. Schedule C - Rent Schedule: Include when the amendment modifies rental rates or payment terms

4. Schedule D - Work Plans: Include when the amendment involves construction or renovation work

5. Appendix 1 - Required Consents: Copies of any required third-party consents (e.g., lender approval)

6. Appendix 2 - Supporting Documentation: Any additional documents referenced in the amendment (e.g., certificates, permits)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Ƶ

Document Type

Amendment Agreement

Cost

Free to use
Relevant legal definitions




























Clauses

























Relevant Industries

Real Estate

Retail

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Business Development

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Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Corporate Lawyer

Commercial Lease Administrator

Asset Manager

Operations Director

Chief Financial Officer

Real Estate Director

Leasing Manager

Contract Administrator

Risk Manager

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