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Leasehold Covenants

Dec 8, 2009 | Article 

Written by Natalie Vukovich
(Ontario Bar Association - Covenants Concerning the Use of the Land)

As noted by all previous speakers at this seminar, covenants in the context of real estate agreements come in a variety of types.  This segment of this seminar focuses on covenants made in commercial leases.

Examples of covenants in leases include:

  1. by landlord in favour of tenant - to heat, to repair, to provide utilities, to insure, not to lease to competitors, to provide quiet enjoyment;
  2. by tenant in favour of landlord - to pay rent, to maintain, to carry on only a specified use, not to commit waste, to insure, ​to assign or sublet 

Read the full article Leasehold Covenants

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