Registering A Commercial Lease
Most tenants are under the impression that after concluding a lengthy negotiation for a commercial lease that their rights are protected for the duration of their lease term.
However, a tenant who fails to register its lease at the Land Registry Office can be evicted by a subsequent purchaser of the property before the expiry of the term of its lease and simply by providing a notice.
By simply registering a lease before the alienation of the property, a tenant can enforce their leasing rights and the subsequent acquirer of the property will have no choice but to respect the lease for the entire duration of the lease term.
If you need help registering your lease, do not hesitate to contact our commercial lease lawyers in Montreal via email or by phone.
If you have any questions about the best entity for your real estate needs, contact one of our lawyers for commercial leases today!