The success of any commercial real estate investment company relies on having good tenants in the building. Vetting commercial real estate tenants helps to ensure that they have good credit, have not been evicted in the past, and will look after the property. Letting a bad tenant rent your commercial real estate space can be […]
Unfortunately, contracts with some real estate tenant end up with an eviction process. Having to serve an eviction order is a scenario that no commercial landlord wants have to do. Also, it’s an unpleasant process for tenants, especially if it’s the result of factors out of their control. Because tempers can run high when there […]
There are some situations where a landlord decides to end a commercial tenancy lease before the end of the agreement. Sometimes, it is possible to come to a mutual agreement about ending a lease early, however, there are circumstances where the tenant breaches a commercial lease. Under Canadian law, a breach of lease may happen […]
The commercial tenancy act was designed to protect both the right of commercial property landlords and tenants. It also let each party know their obligations in any lease agreement. In short, the commercial tenancy act allows landlords to serve written notice to tenants who fail to fulfill their lease agreements. Landlords then have the right […]
We are often asked whether Alberta has a Commercial Tenancy Act such as would be found in either British Columbia or Ontario for example. The simple answer is that at present, Alberta does not have a Commercial Tenancy Act. What then are the laws which provide protection for commercial tenants and landlords? Well, one law […]