Tag: Tenant

Is an Offer to Lease a Binding Agreement?

Is an Offer to Lease the same as a Lease Agreement? Often, we receive questions from commercial clients asking if they can walk away from a lease when a formal lease agreement has yet to be signed. On the other...

By of Merovitz Potechin LLP on Monday July 25, 2022.

Commercial Tenancies, Letters of Credit and Bankruptcy

One method used by commercial landlords to secure against losses from commercial tenancies is to require tenants to post letters of credit (“LCs”), that the landlord can draw upon in defined circumstances. Though certainly useful, in Ontario there has been...

By Eric Lay of Merovitz Potechin LLP on Thursday January 21, 2021.

Ottawa Landlords and the Mandatory Mask By-Law

If you are a landlord in Ottawa, you may be wondering how the newly announced mandatory mask by-law impacts you, your tenants and your property. Keep reading below for a quick overview on what this means for you and your...

By Merovitz Potechin on Thursday July 30, 2020.

What Happens When a Landlord Defaults on their Mortgage?

When a mortgage goes into default, a mortgagee (the lender), has various options available to recover the debt owed to it. When this situation arises in the context of a mortgaged property that is subject to one or more tenancy...

By Merovitz Potechin on Monday October 21, 2019.

Airbnb and Landlords in Ontario

With the growing popularity of Airbnb in Ontario, many landlords have made the decision that they would rather use their units as Airbnb rentals rather than trying to find long term tenants. Since traditional tenant agreements are no longer the...

By Merovitz Potechin on Wednesday May 22, 2019.

Ottawa Lawyers on Lease Lengths

Lease Lengths are more than Just Time Part I:  Register a Notice of Lease When negotiating a commercial lease, the length of the term is important to consider.  It is a good idea to have a Notice of Lease registered...

By Merovitz Potechin on Wednesday May 25, 2016.