Yukon Offer to Lease Commercial Premises

Cancel an existing lease on office or retail space with this Mutual Cancellation of Lease form for Yukon Territory.

• This agreement is only for commercial tenancies. You will need to use a different form for residential tenants.
• The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate as of a specific date.
• All rights and obligations of the parties under the lease are extinguished, except for those which accrue prior to the termination date.
• This legal form template is available in MS Word format.
• Intended to be used only in the Yukon Territory, Canada.

Renew and extend a business tenant's lease in the Yukon 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 form is for commercial leases only. You will need to use the Extension of Residential Lease form for residential tenancies.

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 Yukon Territory, Canada.

AI Disclaimer

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

• 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.