Commercial Lease Guide for Nunavut
A practical, tenant-focused guide to Nunavut commercial leases — not legal advice.
Not legal advice. Use this as a checklist and discuss with a qualified professional.
What to know before you sign
In Nunavut, the “real rent” is often driven by utilities, logistics, and repair timelines. Leases should reflect the reality that certain repairs and deliveries take longer and cost more.
Protect your business with measurable utility rules, clear repair vs. replacement boundaries, and timelines that align rent start with opening readiness.
- Iqaluit
- Rankin Inlet
- Cambridge Bay
- Retail: modified gross or net (utilities and operating-cost clarity)
- Office: modified gross (after-hours HVAC and shared-meter allocation)
- Industrial/storage: net lease (maintenance boundaries must be explicit)
- Utilities/heating allocation and shared-meter risk
- Logistics-driven repair cost and timing (vendor availability)
- Tenant improvement approvals and construction timelines
- Snow/ice and exterior maintenance scope
- CAM definitions and capital pass-throughs
Key things to watch in Nunavut
Leasing norms and pass-through structures vary by province/territory. Here are top issues we see for tenants in Nunavut:
Negotiation checklist
Common landlord traps
- Uncapped pass-throughs: Operating costs, taxes, and insurance can rise year-to-year without a cap.
- Capital replacements billed to tenant: Avoid language that makes you pay for roof/HVAC replacement.
- Short notice deadlines: Renewal and termination rights can depend on strict written notice windows.
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Official resources
Other tools
Frequently asked questions
What should Nunavut tenants focus on first?
Utilities, repair timelines, and buildout timing. Make costs measurable and tie rent start to opening readiness so delays don’t become rent obligations.
How do I avoid paying for major building replacements?
Separate routine maintenance from capital replacement in writing and negotiate caps or landlord responsibility for roof/HVAC/structural items.
Does BizLeaseCheck provide legal advice?
No. It helps you spot common risks and compare leases quickly, but it’s not legal advice. Use it alongside qualified professional review for your situation.
