Newfoundland Offer to Lease Commercial Premises

Renew and extend a business tenant's lease in Newfoundland and Labrador with this downloadable, easy-to-use template.

Key Provisions of Renewal and Extension Agreement

The landlord and tenant both agree to the expiry date and the rental payments and other costs for the new term. The remaining terms and provisions of the original lease will remain in full force and effect.

This is a one-time only extension. The tenant has no further right to extend or renew the lease. Once the new term expires, the parties must negotiate a new lease.

When to Use the Renewal and Extension Agreement

This template form is for commercial leases only. You will need to use an Extension of Residential Lease form for residential tenancies in Newfoundland.

Format and Legal Jurisdiction

This is a fully customizable MS Word document which can be reused as often as needed. It is intended to be used only in the Province of Newfoundland and Labrador.

AI Disclaimer

This Commercial Lease Renewal and Extension form was prepared by human document reviewers, and was not generated using AI tools.

If you are mortgaging your commercial building, give your tenants a measure of comfort by having the mortgagee sign this Nondisturbance Agreement for Newfoundland & Labrador.

• The mortgage lender agrees that, in the event the landlord defaults on the mortgage and the property is foreclosed upon, the tenant shall continue to occupy the premises undisturbed, provided that the tenant is not in default under the lease.
• This legal form template is provided in MS Word format and is fully editable to meet your specific circumstances.
• Intended to be used only in the Province of Newfoundland and Labrador, Canada.

Rent out office, retail or other business premises to a tenant with this Commercial Triple Net Lease Agreement for Newfoundland and Labrador.

• This lease is a triple net lease carefree to the landlord, which means that the tenant pays for everything to do with the premises including structural repairs.
• The tenant has an option to renew the lease for an additional term.
• The tenant will pay all expenses, taxes, levies, and charges with respect to the premises, except for the landlord's income taxes.
• The tenant is responsible for carrying fire and extended coverage insurance.
• The tenant is responsible for all alterations, improvements, maintenance and repairs.
• Provisions for abatement of rent or termination of the lease if the building is substantially damaged, destroyed or condemned.
• The tenant accepts the lease subordinate to any mortgage or other lien.
• The tenant must provide an estoppel certificate on request by the landlord.
• Available in MS Word format.
• Intended to be used only within the Province of Newfoundland and Labrador, Canada.

Rent out office or retail business premises in Newfoundland and Labrador to a tenant with this Standard Form Commercial Lease Agreement

• The tenant has the option to renew the lease after the initial term expires.
• The lease template contains alternate paragraphs depending on whether the landlord is responsible for mechanical and structural repairs, or if the tenant is responsible for all repairs.
• The lease also contains alternate paragraphs for payment of the property taxes, depending on whether the landlord or the tenant will be paying the taxes.
• The tenant agrees not to register its leasehold interest against title to the property, but has the right to register a caveat so long as the tenant discharges the caveat at the end of the lease.
• The landlord is not responsible for death or injury to persons on the premises, or for any loss or damage of personal property. The tenant indemnifies the landlord against any claims or actions arising from the lease or the tenant's use of the premises.
• This is a Canadian legal document intended for use in the Province of Newfoundland and Labrador.