Alig advocates and associates
MOHD ABITASHAM ADV
12 Years Exp
Commercial Shop Rental Agreement (Show More)
Haridwar , Belra
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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 : MOHD ABITASHAM ADV
Law Firm Name : Alig advocates and associates
Country : India
City : Haridwar
State : UTTARAKHAND
Practicing Since: 2013
About Your Firm : Legal service for Land registration, revenue matters,138 NIA cases and all matter of civil and criminal and matrimonial disputes.,all type of marriages,
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Satyendra kumar Advocate | Pawan tyagi advocate | |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
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Subject : Drafting a Will
Question : Can i specify an under construction property in the Will? The property will be delivered only after a year. But i want to register the Will now by bequeathing my properties to my son. Is that possible?
Answer by Alig advocates and associates : yes you can do this but the condition of property must be mentioned in the will ,and if you have the documents related to the property attach them and also mention in the will.
Subject : Difference between a "mortgage" and a "lease"?
Question : What is the difference between a "mortgage" and a "lease" Please explain
Answer by Alig advocates and associates : MORTGAGE -???? ???? ???? ?? ???? ??? ?? ???? ?? ??? ?? ???? ????? ??? ?? ???????? ???? ?? ?? ??? ???? ?? ,,??? ?? ??? ?? ?????????? ???? ?? ?? ???????? ????? ?? ?????? ??? ?? ????? ???? ?? ????? ?? ???? ????? \
