Document background
An Amendment To Commercial Lease Agreement is a crucial document used when parties to an existing commercial lease need to modify their original agreement while keeping the base lease intact. This document type is commonly used in Canadian commercial real estate transactions when circumstances require changes to lease terms, such as rent adjustments, space modifications, term extensions, or updates to other significant provisions. The amendment must comply with provincial commercial tenancy laws and typically requires careful review to ensure consistency with the original lease terms. It's particularly important in situations where full lease renegotiation is unnecessary but specific terms need updating to reflect new arrangements between the parties. The document should be drafted with consideration of provincial registration requirements and any specific local regulations governing commercial tenancies.
