A comprehensive business lease with full provisions, including break clause, guarantor, and more. Suitable for offices, factory, workshop, and more.
About this document
This is a business property lease for rental of commercial premises in India. Though designed primarily to protect the interests of the landlord, both sides have a fair deal.
Compliance with various statutory regulations including that of environmental laws is a complicated exercise and any deviation by the tenant could put the landlord in trouble. Use this document to aid compliance and protect your interests.
Latest budgetary proposals place a service tax liability in respect of rent on commercial premises. This commercial lease document covers this tax liability as best as possible and assigns responsibility as appropriate.
This document is suitable for the lease of any business premises including an office, workshop, factory, or shop.
Application
and features
All usual basic provisions to protect your interest;
Sub letting not allowed;
Explanatory notes to cover every issue including need for stamp duty and registration;
Flexible to suit peculiar situations;
Aids compliance with rent laws.
Contents
Rent: paid monthly in advance;
Retention Money;
Security Deposit;
Payment provisions;
Use allowed: including prohibited activities;
Premature termination;
Inspection by Lessor; to view or show prospective lenders or buyers;
Rent review;
Condition and Repairs;
Insurance: Lessor insures, procedure after termination;
Dispute resolution.
Word
Count (approximate):
Document: 3000
words
Explanatory notes:
775
words
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.
