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S.N. Associates
Syed Shakir Hussain
19 Years Exp
Commercial Shop Rental Agreement (Show More)
Hyderabad , Toli Chowki
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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 : Syed Shakir Hussain
Law Firm Name : S.N. Associates
Country : India
City : Hyderabad
State : TELANGANA
Practicing Since: 2006
About Your Firm : S.N. Associates Law Firm offer a wealth of services & expertise in areas of Litigation, Non-Litigation and Alternative Disputes Resolution. We strive to minimize costs to our clients through communication and clear understanding of the issues and the results to be achieved and the effective use of Alternative Disputes Resolution. Our Top most priority is client's satisfaction. We welcome the opportunity to talk with you and to discuss how we may be of service. We lend a hand and direct clients in suitably observing the relevant law. We offer Services such as Family Law, Hindu marriage act, Muslim law, and Special marriage act, Divorce, alimony, child custody, and child support. High Court appeals and out of court settlement, Adoption, Immigration Law, Business Law, Business formation and partnership agreements & deeds, Real Estate Law, All types of real estate property transactions and disputes, Document review and title search. Financial transactions with banks, Landlord-tenant issues, Criminal Law, Section 498, dowry, harassment, battery, domestic violence, cheque dishonour, and fraud, Regular & anticipatory bail and FIR quash, High Court appeals and out of court settlement, Civil and Estate Law, Litigation and property recovery, Property succession and inheritance, Power of Attorney and wills & probate.
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Legal & Drafting
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