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 DHANANJAY SRIVASTAVA

 20 Years Exp

 Commercial Shop Rental Agreement (Show More)

 Lucknow , Ghazipur (Lucknow)

 View Answers by this Partner (0)

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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 : DHANANJAY SRIVASTAVA

Law Firm Name : no firm

Country : India

City : Lucknow

State : UTTAR PRADESH

Practicing Since: 2005

About Your Firm : I am an individual Advocate in the High Court of Lucknow since 2005 and member of Oudh Bar Association. The objective of my carrier is to provide fair and expeditious legal service to the clients while representing them in courts by utilizing my knowledge, skills and hard work. AREA OF PRACTICE LITIGATION Service and Education Matters, Civil & Criminal matters, Consumer matters, Matrimonial matters, Corporate and Commercial Matters, Banking & Insurance, Arbitration/ Mediation , Revenue matters etc. I have been consistently providing professional, accurate and efficient legal advice, support and assistance to individuals as well as organizations in the High court of Lucknow and other / forums/commissions tribunals.Also serving as a Standing Counsel of U.P.State Bridge Corporation and empanelled lawyer in U.P.Rajkiya Nirman Nigam. NON-LITIGATION Drafting assorted Agreements and Contracts, Memorandums and other documentation including Memorandum of Understanding, Articles of Association, Joint Venture Agreements and Amendments, Employer-Employee Agreements, Tripartite Agreements, Principal-Agent Agreements, Special Power of Attorneys, Notices, Deed of Conveyance, Leave and License Agreements, Intellectual Property Contracts and other services including Registration of Trademarks, Copyrights and Patents etc.

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