Canadian commercial landlords, use this template to prepare a
Surrender of Lease Agreement for a business ⁄ retail tenant.
- The parties agree that the tenant will surrender the premises and the lease will be cancelled and terminated as of a specified date.
- The tenant will pay the landlord an agreed upon sum to terminate the lease, and will forfeit all security ⁄ damage deposits paid to the landlord.
- Both parties agree to honor their obligations under the lease until the effective date of the surrender.
- The tenant will remove its trade fixtures and specified leasehold improvements.
This
Canada Surrender of Commercial Lease template is in MS Word format and is easy to download, fill in with your details, and print.