Lease Extension Amendment for Canada

Lease Extension Amendment Template for Canada

A Lease Extension Amendment is a legal document used in Canadian jurisdictions to formally extend the term of an existing lease agreement between a landlord and tenant. This document modifies only the duration and potentially the rent terms of the original lease while typically maintaining all other conditions unchanged. The amendment must comply with provincial property laws and registration requirements, particularly important for commercial leases. It serves as a more efficient alternative to drafting a new lease agreement when both parties wish to continue their landlord-tenant relationship under substantially similar terms.

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What is a Lease Extension Amendment?

The Lease Extension Amendment is utilized when parties to an existing lease agreement wish to extend their landlord-tenant relationship beyond the original lease term. This document type is commonly used across Canadian jurisdictions for both commercial and residential properties when the original lease is approaching its expiration date and both parties agree to continue their relationship. The amendment typically specifies the new lease termination date, any adjustments to rent, and confirms the continuation of other original lease terms. It's particularly valuable in commercial contexts where the cost and complexity of negotiating an entirely new lease would be prohibitive. The document must comply with provincial property laws and may require registration with local land registry offices, especially for commercial properties or longer-term extensions.

What sections should be included in a Lease Extension Amendment?

1. Parties: Identification of landlord and tenant, matching exactly as they appear in the original lease

2. Background: Recitals identifying the original lease, its date, and the parties' desire to extend the term

3. Definitions: Key terms used in the amendment, including 'Original Lease', 'Extension Period', and 'Effective Date'

4. Extension of Term: Specific provision extending the lease term, including the new expiry date

5. Rent During Extension: Specification of rent payable during the extension period

6. Confirmation of Lease Terms: Statement confirming all other terms of the original lease remain unchanged

7. Execution: Formal signing section with date and signature blocks for all parties

What sections are optional to include in a Lease Extension Amendment?

1. Representations and Warranties: Used when parties need to confirm specific facts, such as no defaults under the lease

2. Modifications to Original Terms: Include when other lease terms besides duration are being modified

3. Broker Representation: Required if any brokers were involved in negotiating the extension

4. Conditions Precedent: Include if the extension is subject to specific conditions being met

5. Security Deposit Adjustment: Used if the security deposit is being modified with the extension

6. Option to Further Extend: Include if granting additional future extension options

What schedules should be included in a Lease Extension Amendment?

1. Schedule A - Original Lease: Copy of the original lease being extended

2. Schedule B - Rent Schedule: Detailed breakdown of rent payments during the extension period, if complicated or stepped increases apply

3. Schedule C - Condition Report: Current condition of the premises at time of extension, if required

4. Appendix 1 - Authorization Resolutions: Corporate resolutions authorizing the extension, if parties are corporations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Genie AI

Document Type

Amendment Agreement

Cost

Free to use
Relevant Industries

Real Estate

Commercial Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Warehousing

Manufacturing

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Administration

Property Management

Asset Management

Compliance

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Real Estate Director

Operations Manager

Asset Manager

Leasing Manager

Contract Administrator

Real Estate Agent

Chief Financial Officer

Real Estate Paralegal

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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