--- title: "Padder Lease Protection: Termination path" description: "How to request a Padder Lease Protection reimbursement when you end a commercial lease: notify Padder, terminate, re-list and submit monthly." --- [Skip to content](https://help.padder.com/lease-protection-termination#main-content) [![Padder Logo](https://help.padder.com/hs-fs/hubfs/Padder%20Logo.png?width=250&height=72&name=Padder%20Logo.png)](https://help.padder.com) - [Help Centre](https://help.padder.com/) - [Claims Centre](https://resources.padder.com/claims) - [Contact support](https://resources.padder.com/support) Open main navigation Close main navigation - [Help Centre](https://help.padder.com/) - [Claims Centre](https://resources.padder.com/claims) - [Contact support](https://resources.padder.com/support) Search the Help Centre - There are no suggestions because the search field is empty. 1. [Help Centre](https://help.padder.com/) 2. [Commercial Operator](https://help.padder.com/commercial-operator) 3. [Managing Reimbursement Requests](https://help.padder.com/commercial-operator#managing-reimbursement-requests) October 2, 2026 # Padder Lease Protection: Termination path ## Ending the lease and taking back the premises after your tenant stops paying rent. Use this path when your tenant has stopped paying rent and you're ending the lease. #### **Before you start** - Rent is in default once it has been unpaid for 15 days, or the longer period your lease sets, and you've notified the tenant of the default the way your lease requires. - Padder Lease Protection pays only once the lease is formally terminated under the lease and the Commercial Tenancies Act. If you re-enter or re-let without terminating, the warranty won't pay. #### **Steps** 1. **Notify Padder.** Submit the Tenant Default Notice as soon as rent is 15 days unpaid. Your first payment can't be made until we have it. 2. **Serve a Notice of Termination** that meets your lease and the Commercial Tenancies Act. 3. **Submit your Initial Request** with the documents below. Once the conditions are met, we pay the first month within 25 days of receiving your Tenant Default Notice. 4. **Re-list the premises.** Make the vacancy public on at least one commercial listing platform, such as LoopNet, Spacelist or a brokerage site. 5. **Each month after, submit the Continuation Form** with an updated Tenant Default Notice and your re-listing evidence. We pay within 5 business days of the end of each month. 6. **Submit your Final Request** for eviction costs, if any. We reimburse third-party eviction legal fees, eviction service fees and court fees once, up to $10,000, if the tenant leaves within 120 days of your Notice of Termination. All forms are on the [Padder Lease Protection Requests page](https://resources.padder.com/requests/padder-lease-protection). #### **What the warranty pays** A share of the monthly base rent, by month since the default: 100% for month 1, 75% for months 2 to 4, 50% for months 5 to 7 and 25% for months 8 to 12. Base rent excludes taxes, maintenance and insurance. Every payment, including eviction costs, counts toward your Warranty Limit. If the lease has been in effect for less than a year, the warranty pays up to 11 months, because the tenant has already paid the first month. **Payments stop when** you sign a new lease for the premises, the Warranty Limit is reached, or the warranty term ends. #### **When the warranty won't pay** - The tenant is contesting the termination, for example by applying for relief from forfeiture. - The lease is reinstated or the tenant is let back in. Tell us right away: any payments already made must be refunded. #### **Documents to have ready** - The signed lease - Proof the tenant paid the first month's rent - How you applied any security deposit to the unpaid rent - Your Notice of Termination and proof it was served under the lease and the Commercial Tenancies Act - An up-to-date statement of the tenant's rent payments and arrears - Proof of the business insurance and the property and liability insurance your lease requires - Each month: your re-listing evidence - For eviction costs: invoices for the legal, service and court fees Questions? 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It arranges coverage for tenants and landlords in provinces where it is licensed to offer insurance products. Padder partners with licensed Canadian insurers to provide your coverage. Padder Lease Protection is a warranty, not an insurance policy. Need help? Paddie, our AI chat, is here any time. Our team is on email and phone Monday to Friday, 9am to 5pm ET. Backed by ![Accelerant](https://help.padder.com/hs-fs/hubfs/Accelerant_Backed_By_white_footer.png?width=192&height=34&name=Accelerant_Backed_By_white_footer.png) © 2026 Padder Underwriting Inc. All rights reserved.