A commercial lease isn’t just a contract—it’s the foundation of your business space. Whether you’re leasing a storefront, warehouse, or office, the terms can affect your growth and bottom line.
Key aspects to review include:
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Rent structure and escalation clauses
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Term length and renewal options
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Maintenance and repair responsibilities
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Assignment and subletting rights
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Termination clauses and default remedies
Leasing a commercial space without legal guidance can expose your business to serious risks and hidden pitfalls. Commercial leases are often lengthy, complex documents with clauses that heavily favor landlords, such as rent escalation terms, repair obligations, and restrictions on signage or subleasing. Without a lawyer’s review, tenants may overlook critical details like personal guarantees, exclusivity rights, or limits on lease termination, which can result in unexpected financial burdens or operational restrictions that hurt your business.
Unlike residential leases, commercial lease agreements are not standardized or governed by the same protective legislation in Ontario. This means the terms are negotiable—but only if you understand what’s on the table. A lawyer can ensure the lease clearly outlines responsibilities, protects your right to operate your business effectively, and helps avoid future disputes. Without legal support, tenants may find themselves locked into an inflexible contract with limited recourse if things go wrong.
A skilled commercial lease lawyer in Ontario can help you negotiate favorable terms and avoid costly surprises later. Don’t sign until you’ve had a legal expert review your lease.
