Versatile Legal

 Veena R

 28 Years Exp

 Commercial Shop Rental Agreement (Show More)

, Industrial Estate (Bangalore)

 View Answers by this Partner (3)

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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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Reviews

Name : Veena R

Law Firm Name : Versatile Legal

Country : Andorra

Practicing Since: 1998

About Your Firm : I am an advocate having 20 years experience. I have initially worked for a senior advocate for 6 years where I was responsible to take care of court matters, property title verifications, registrations, khata transfer and related services. Subsequently, I worked for two leading law firms in Bangalore for a period of 1 1/2 years post which I started practising independently from 2009 onwards. I render services in the areas of litigation, real estate and corporate documentation.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Veena R Kar 628/1999 Karnataka
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Legal Opinion/Title Certification ( Villa Project )
  Power of Attorneys ( Drafting General Power of Attorney )
  Power of Attorneys ( Drafting Special Power of Attorney )
  Forming Owners Associations/Societies ( Apartments )
  Forming Owners Associations/Societies ( Layouts )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Legal Opinion/Title Certification ( Residential Layout )

 Legal & Drafting

  Agreements/Deeds ( Relinquishment deed )
  Property & Documents Inspection ( House/Apartment Inspection )
  Lease/Rental Agreements ( House Rental agreement )
  Power of Attorneys ( General Power of Attorney )
  Legal Opinion (Written) ( Villas )
  Agreements/Deeds ( Mortgage Deed )
  Property & Documents Inspection ( Documents Inspection in Builder Office )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Legal Opinion (Written) ( Independent House )
  Wills ( Make A will )
  Agreements/Deeds ( Exchange Deed )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Legal Opinion (Written) ( Revenue/Other Site )
  Notary & Attestation Services ( Get A Document Notarised )
  Agreements/Deeds ( Release Deed )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Agreements/Deeds ( Agreement of Sale )
  Affidavits ( Name & Address Affidavits )
  Agreements/Deeds ( Partition Deed )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Agreements/Deeds ( Construction Agreement )
  Affidavits ( Personal Affidavits )
  Agreements/Deeds ( Memorandum of Understanding )
  Lease/Rental Agreements ( Room Rental Agreement )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Agreements/Deeds ( Sale deed )
  Affidavits ( Student Affidavits )
  Agreements/Deeds ( Joint Development Agreement )
  Lease/Rental Agreements ( Office Sharing Agreement )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Agreements/Deeds ( Gift Deed )
  Affidavits ( Gas Affidavits )
  Registration Assistance ( Plot )
  Procure Revenue Documents ( Encumbrance Certificate )
  Packages ( Sale Agreement to Registration (Apartment) )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Affidavits ( General Affidavits )
  Registration Assistance ( Apartment )
  Procure Revenue Documents ( Khata Extract )
  Packages ( Legal Opinion to Registration (Apartment) )
  Agreements/Deeds ( Construction Agreement Review )
  Affidavits ( Other Affidavits )
  Registration Assistance ( Revenue/Other Site )
  Procure Revenue Documents ( Khata Certificate )
  Legal Opinion (Written) ( Plots )
  Agreements/Deeds ( Rectification Deed )
  Property & Documents Inspection ( Plot/Site Insepction )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Procure Revenue Documents ( Khata Transfer )
  Legal Opinion (Written) ( Apartment )

 NRI Services

  Power of Attorneys for NRIs ( General Power of Attorney by NRI )

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