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

 

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

 Legal & Drafting

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

 NRI Services

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

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