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ARTICLE · 26 DECEMBER 2024

Tenant Beware: New Lease Clauses Could Disrupt Your Business

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The terms of any business's lease have become increasingly important in determining its stability, valuation, and long-term success.

CanadaReal Estate and Construction
Sean Robson
Sean Robson
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The terms of any business's lease have become increasingly important in determining its stability, valuation, and long-term success. We are observing recent changes by one of Canada's large institutional landlords which has introduced new lease clauses that could disrupt the operations and financial health of your business or professional practice. For tenants, understanding these clauses isn't just advisable — it's essential for survival.

Let's unpack what's at stake, why it matters, and how you can protect your business interests.

The New Leasing Clause: What's Happening?

Unsurprisingly, most landlords seek to maximize the value and returns of their properties, and expansions or renovations are common strategies to achieve this. However, these new clauses take things a step further, introducing new risks for tenants.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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