Lease Renewal (commercial)

Lease Renewal

This document briefly outlines a tenant's intention to renew their business lease with a landlord. Under the Landlord and Tenant Act businesses do have certain rights to renew their leases with a landlord, or provide compensation if that is impossible.

If a landlord wishes to bring the tenant's occupation to an end, for example for redevelopment purposes, then good strategy can be the difference between a loss and a win-win situation. Lack of preparation and communication, especially documented communication, is a substantial cause of losses. This simple document is easy to fill out, and can be faxed or mailed within a day.

This document is also sometimes referred to as a "Notice of Exercise of Commercial Lease Option" in cases where the lease provides the option to extend the original term.

Click here to preview a sample of this document. is currently offering this document for $11 USD. Upon purchase you will be able to download the agreement in rich text format (rtf) this will allow you to edit or format it to your specific needs in your favorite word processor.