Unless a letter of intent has been sent, the offer to lease is the first written document between the parties regarding the rental of premises. Consequently, this is the document that establishes the contractual relationship and the key terms of the lease to be entered into by the parties.

In some cases, the parties may decide that, once accepted, the offer to lease will constitute the actual lease agreement. If so, it is preferable to prepare a very thorough offer containing all elements of the lease, to ensure that the relationship between the parties is clearly set out in writing. For this purpose, it is best to refer to our general lease agreement (template E02200) and our lease agreement for a shopping centre (template E03200).

We recommend using this document to lay a solid foundation for the purpose of negotiating a commercial lease. If detailed enough, the parties may decide to use offer to lease as the actual lease.

0.00 INTERPRETATION
0.01 Definitions
0.01.01 Activities
0.01.02 Breach
0.01.03 Building
0.01.04 Change in Control
0.01.05 Common Areas
0.01.06 Confidential Information
0.01.07 Encumber or Encumbrance
0.01.08 Financial Year
0.01.09 Force Majeure
0.01.10 Fundamental Provisions
0.01.11 Hazardous Materials
0.01.12 Immovable
0.01.13 Intellectual Property
0.01.14 Land
0.01.15 Land Taxes
0.01.16 Law
0.01.17 Lease
0.01.18 Leased Premises
0.01.19 Leasehold Improvements
0.01.20 Legal Representatives
0.01.21 Offer
0.01.22 Operating Expenses
0.01.23 Ordinary Course of Business
0.01.24 PARTY
0.01.25 Person
0.01.26 Prime Rate
0.01.27 Proportional Part
0.01.28 Related Person
0.01.29 Rent
0.01.30 Standard Lease of LESSOR
0.01.31 Subsidiary
0.01.32 Term
0.01.33 Total Rentable Floor Area
0.02 Precedence
0.03 Jurisdiction
0.03.01 Governing Law
0.03.02 Non-Compliance
a) Severability
b) Substitute Provision
0.04 Miscellaneous
0.04.01 Cumulative Rights
0.04.02 Time and Dates
a) Time of the Essence
b) Computation of Time
c) Delays
0.04.03 Financial References
0.04.04 Cross-References
0.04.05 Gender and Number
0.04.06 Headings
0.04.07 Presumptions
0.04.08 Knowledge
0.04.09 Approval
0.04.10 Accounting Standards
1.00 PURPOSE
1.01 Offer to Lease
1.02 Conditions
1.03 Renewal
2.00 RENT
2.01 Base Rent
2.02 Additional Rent
2.02.01 Computation
2.02.02 Adjustment
2.03 Renewal
3.00 TERMS OF PAYMENT
3.01 Base Rent
3.01.01 Deposit
3.01.02 Monthly Payments
3.02 Additional Rent
3.02.01 Estimate
3.02.02 Adjustment
3.02.03 Procedure Regarding Annual Reports
3.03 Arrears
3.04 Loss of Term
4.00 SECURITY
4.01 In favour of OFFEROR
4.02 In favour of LESSOR
4.03 Movable Hypothec Without Delivery
4.04 Suretyship
5.00 MUTUAL REPRESENTATIONS AND WARRANTIES
5.01 Status
5.02 Authority
5.03 Binding Agreement
5.04 Canadian Resident
5.05 Commission
5.06 Insurance
5.07 Nominee
5.08 Fundamental Provisions
5.09 Disclosure
5.10 Legal Proceedings
6.00 REPRESENTATIONS AND WARRANTIES OF OFFEROR
7.00 REPRESENTATIONS AND WARRANTIES OF LESSOR
8.00 MUTUAL DUTIES AND OBLIGATIONS
8.01 Confidential Information
8.01.01 Undertaking
8.01.02 End of the Lease
8.02 Indemnification
8.02.01 “Loss”
8.02.02 Scope
8.02.03 Procedure
8.02.04 Deductible
8.02.05 Limitation on Claims
8.03 Disclosure of the Offer
9.00 DUTIES AND OBLIGATIONS OF OFFEROR
9.01 Acceptance of the Leased Premises
9.02 Signing of the Lease
9.03 Complementary Work
9.04 Insurance
9.04.01 Acknowledgement
9.04.02 Insured Risks
9.04.03 Insurance Policies
9.04.04 Increased Risks
9.04.05 Copies of Insurance Policies
9.04.06 Default
10.00 DUTIES AND OBLIGATIONS OF LESSOR
10.01 Quiet Enjoyment
10.02 Services
10.03 Complementary Work
10.03.01 Modify or Redesign Layout
10.03.02 Other Work
10.04 Insurance
10.04.01 Subscription
10.04.02 Proof
11.00 SPECIAL PROVISIONS
11.01 Assignment
11.01.01 Prohibition
11.01.02 Effect of Breach
11.01.03 Exception
11.02 Force Majeure
11.02.01 No Default
11.02.02 Duty
11.02.03 Rights of Other PARTY
11.03 Relationship
11.03.01 Independent Contractors
11.03.02 No Control Over Performance
11.03.03 No Authority to Bind
11.04 Further Assurances
11.05 Other Remedies
11.05.01 Election
11.05.02 No Limitations
11.06 Prescriptive Period
11.07 Pre-Incorporation Agreement
11.08 Personal Information
11.08.01 LESSOR’s Rights
11.08.02 Obtaining
11.08.03 Communicating
11.08.04 Acknowledgement
11.08.05 Conservation
11.08.06 Consultation
11.08.07 Confidentiality
11.09 Registration
11.09.01 Lease
11.09.02 Expiry of Lease
11.09.03 Default
12.00 GENERAL PROVISIONS
12.01 Notice
12.02 Dispute Resolution
12.02.01 Good Faith Negotiations
12.02.02 Mediation
12.02.03 Arbitration
a) Notice
b) Reply
c) Appointment of a Third Arbitrator
d) Subcontracts
e) Confidentiality
f) Hearing
g) Ruling
h) Costs
i) Supplementary Rules
12.03 Election
12.04 Counterparts
12.05 Amendment
12.06 Non-Waiver of Rights
12.07 Electronic Transmission
12.08 Language
13.00 TERMINATION
14.00 EFFECTIVE DATE
15.00 DURATION
16.00 SCOPE


SCHEDULE A – EXCERPT OF A RESOLUTION OF OFFEROR
SCHEDULE B – EXCERPT OF A RESOLUTION OF LESSOR
SCHEDULE 0.01.18 – LEASED PREMISES
SCHEDULE 0.01.30 – STANDARD LEASE
SCHEDULE 4.03 – MOVABLE HYPOTHEC WITHOUT DELIVERY
SCHEDULE 4.04 – INTERVENTION OF SURETY
SCHEDULE 9.03 – COMPLEMENTARY WORK BY OFFEROR
SCHEDULE 10.03 – COMPLEMENTARY WORK BY LESSOR