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Alberta Commercial Triple Net Lease Agreement

Rent office, retail shopping or other business premises in Alberta to a tenant with this Commercial Triple Net Lease Agreement.
  • This lease is absolutely carefree to the landlord, which means that the tenant pays for everything to do with the premises).
  • 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.
  • Procedures in the event of damage, destruction, or condemnation of the building.
  • Subordination of the lease to a mortgage or other lien.
  • The tenant must provide an estoppel certificate on request by the landlord.
  • If the tenant holds over (i.e. stays in the premises) after the lease term expires, the tenancy reverts to a monthly tenancy.
This Alberta Commercial Triple Net Lease Agreement template is available in MS Word format, and is fully editable to fit your needs.

Download: Alberta Commercial Triple Net Lease Agreement

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Canadian Law Resources: (14-Apr-2018) E.&O.E.

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