pandey and wagh associates
pandey and wagh associates
13 Years Exp
Commercial Shop Rental Agreement (Show More)
Mumbai , Bazargate
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Information
When you wish to open a shop/store of some kind in a shopping complex, isolated building or any spot of your choice, you will need to prepare a store lease. The lease will be signed between the owner of the business and the landlord.
Such leases are governed by the Rent Control Act and are binding. Hence, proceeding without a contract is like leaving a ticking legal bomb.
Any individual above the age of 18 can enter into a commercial store lease. Companies and business too can be the lessee in a store lease. Any person wishing to open a store in a place available for rent can enter into a store lease.
What Should Be Included In The Contract?
Being different from a rental deed, a commercial store lease needs to pay attention to a host of clauses that is necessary for a business. Let’s take a look at some such clauses
Base rent, deposit, maintenance charges
Addition/ alteration to structures
Right to sublease
Working hours in the property
Consequences of breach of contract
Terms and conditions of renewal
Code compliance
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Name : pandey and wagh associates
Law Firm Name : pandey and wagh associates
Country : India
City : Mumbai
State : MAHARASHTRA
Practicing Since: 2012
About Your Firm : pandey and wagh associate is established in year 2017 a prime location of south Mumbai nearby high court area in this area various type of MNC head offices and Public sector banks head offices are situated its a prime location of Mumbai where many law firms head offices are situated our law firm dealts with all type of matters we have special team of conveying and draft a legal documents
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Adv tukaram sedge | Adv kishore ajeatrao | Adv avinsah ongle |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Legal & Drafting
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