Girish Associates

 GIRISH H.T.- Advocate

 30 Years Exp

 Commercial Shop Rental Agreement (Show More)

 Bangalore , Banashankari III Stage

 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 : GIRISH H.T.- Advocate

Law Firm Name : Girish Associates

Country : India

City : Bangalore

State : KARNATAKA

Practicing Since: 1995

About Your Firm : I am Legal Adviser for (1)Bank of Maharashtra, (2)Corporation Bank, (3)Central Bank of India, (4)Canara Bank, (5)Can Fin Homes Limited, (6)DHFL Vysya Housing Finance Ltd., and (7)Surabhi Souharda Credit Co-Operative Ltd. Ours is a Law Firm, where a team of Advocates deal with all types of cases in Civil, Criminal, Corporate Law, Taxation, Intellectual Property Rights, Patents, Trademarks etc. We provide all types of services under one shelter for our clients. Cases handled in Civil Court, High Court, Appellate Tribunals. I have dealt with Labor Disputes, Motor Vehicle Accidents, Insurance, Arbitration Proceedings, various cases in Banking matters, DRT, DRAT, matters pertaining to SARFAESI Act, Negotiable Instruments Act, Recovery suits, Property Disputes, Business Litigation, Family Disputes and Co-Operative matters. Non Litigation : Apart from above banks, as a team, I have assisted in providing Legal Opinions for State Bank of India, India Bulls, IDBI Bank, Axis Bank, Shriram Housing Finance Ltd., Union Bank of India and Central Bank of India.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Girish.H.T. KARNATAKA
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State
Prakash Yateesh Kumar Nagaraj

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