Commercial Rental Agreement is an AGREEMENT you use to rent commercial property to or from another individual or company
1893 People purchased
Commercial Lease Agreement
Commercial Rental Agreement is an AGREEMENT you use to rent commercial property to or from another individual or company
1893 People purchased
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What is a Commercial Rent/Lease Agreement?
Commercial Rental Agreement is an AGREEMENT you use to rent commercial property to or from another individual or company. This document outlines the terms and conditions of the agreement. It will also talk about the rights and responsibilities of both the parties. A commercial lease agreement will have details of property, Owner, tenant, if there is a guarantor, monthly lease amount, Security Deposit and the total term of the agreement. Ideally it should be printed on an appropriately valued Stamp Paper and get it registered by paying appropriate registration fee. A commercial lease is wide in its approach and it has all the key details of mutually agreed rent/lease terms. This can also be identified as:
- Commercial property lease
- Commercial Rent agreement
- Shop lease
- Factory lease
- Warehouse lease
- Office space lease
Contents of a Commercial Lease Agreement
State the type of commercial property like
- Building
- Industrial
- Office
- Restaurant
- Retail store
- Warehouse
2. Party information
- Landlord: The person or entity who owns the property and allows the use of the space in exchange for rent.
- Tenant: The person or business who signs the commercial lease and is responsible for paying rent.
- Guarantor (if applicable): The person liable to the landlord for any breach of the agreement by the tenant. They can’t be a tenant.
- Property manager (if applicable): The person who deals with the tenant and manages the property on behalf of the landlord, typically in return for a fee.
3. Property Details:
Provide as many details about the property as you have, like
- Property Map
- The property’s area
- Property Schedule
- Other details about the property
4. Permitted use of the property:
Describing the allowed use of the property in the commercial lease helps prevent disputes and confusion over what is considered acceptable use of the property. Determine and outline whether the tenant will have exclusive use and protection from direct competition on the property. A direct competitor is someone who operates a similar business on the same property as the tenant.
5. Parking details (if applicable)
6. Term of the Agreement
7. Rent details
8. Mode of rent payments
9. Details about Maintenance charges (if applicable)
10. Details of Security deposit
11. Property Inspection details
12. Commercial Insurance of the property (If applicable)
13. Registration and stamp duty
14. Responsibility of property alterations or customisations (if applicable)
15. List the assets in the property
16. Miscellaneous details
17. Authorised Signatory details
18. Stamp Paper
Why LegalKart
- Senior Expert Lawyers: We will get your document drafted/reviewed by Senior Expert lawyers skilled in corporate laws. You can track the progress of your document on our platform at all times.
- 4.7 Customer Score: Clients are delighted with our service! They have consistently rated us high because of our focus on delivering quality output and providing regular updates.
- Responsible Delivery: Our team of experienced business advisors are just a phone call away. Our team will ensure that your interaction with the expert lawyer is smooth and seamless
Deliverables
Our standard deliverables for every document drafting includes:
- 60 Minutes of Talk-Time with the Lawyer for drafting/reviewing the Agreement
- First draft of the documents will be delivered to you within a maximum of 2 working days
- Post-delivery of the first draft – Iterations in the master Document to incorporate your suggestions/changes
Property Documents
Commercial Lease Agreement
₹5999
₹ 14999 (60% Off) ₹8999 Save₹9999
₹19999 ₹10000 SaveGross Total
₹15998
Deliverables *
- 60 Minutes of Talk-Time with the Lawyer for drafting/reviewing the Agreement
- First draft of the documents will be delivered to you within a maximum of 2 working days
- Post-delivery of the first draft – Iterations in the master Document to incorporate your suggestions/changes
- If you are opting for Registration, STAMP DUTY charges will be on actuals as applicbale in the State.
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Frequently Asked Question
What our users have to say
I was looking for a commercial space for my coaching institute. LegalKart expert helped me negotiating the best terms for the lease agreement I signed.
Vikram Thatte, Teacher, Mumbai
I am expanding through franchising and my franchisee are always looking for a favourable agreement for their outlets across India. Thanks to LegalKart, they have all India presence and their legal experts are highly experienced. All my franchisee partners are getting their commercial lease drafted or negotiated only through LegalKart.
Amit Jamloki, Tea Franchise Owner, Bangalore
Our Clients
Commercial Rental Agreement is an AGREEMENT you use to rent commercial property to or from another individual or company
1893 People purchased
Property Documents
Commercial Lease Agreement
₹5999
₹ 14999 (60% Off) ₹8999 Save₹9999
₹19999 ₹10000 SaveGross Total
₹15998
Deliverables *
- 60 Minutes of Talk-Time with the Lawyer for drafting/reviewing the Agreement
- First draft of the documents will be delivered to you within a maximum of 2 working days
- Post-delivery of the first draft – Iterations in the master Document to incorporate your suggestions/changes
- If you are opting for Registration, STAMP DUTY charges will be on actuals as applicbale in the State.