The ability of many businesses to generate revenue has been negatively impacted by the recent Order and many are left wondering how they will pay their bills. Government is encouraging landlords to defer rent for their tenants. Uncollected Rent gets added to future rent payments and amortized, that is, paid off in instalments over the remaining term of the Lease.

Two rent deferral agreement forms are available below:

Rent Deferral Agreement – Gross Lease

Rent Deferral Agreement – Net Lease

Instructions on how to complete these forms:

  1. Fill in name of Landlord
  2. Fill in name of Tenant
  3. Add date from existing Lease
  4. Fill in names in signature blocks
  5. Landlord to sign
  6. Tenant to sign
  7. PDF forms are Ok