Law chamber
PAVANANJAYA
20 Years Exp
Commercial Shop Rental Agreement (Show More)
Dakshina Kannada , Kodiyalbail
View Answers by this Partner (0)
Profile Views : 66101
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
Photos
Name : PAVANANJAYA
Law Firm Name : Law chamber
Country : India
City : Dakshina Kannada
State : KARNATAKA
Practicing Since: 2006
About Your Firm : I am practicing since 2006 as a civil Advocate in Mangalore I am handling civil Matters M.C Cases , Consumer cases Registration work Revenue work, Legal Opinion etc
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Procure Specific Property Document(s) ( Khata Certificate/Transfer )
Legal Opinion/Title Certification ( Residential Layout )
Power of Attorneys ( Drafting General Power of Attorney )
Legal Opinion/Title Certification ( Villa Project )
Forming Owners Associations/Societies ( Apartments )
Legal Opinion/Title Certification ( Commercial complex )
Land Sourcing ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Memorandum of Understanding )
Land Sourcing ( Residential Layout )
Agreements/Deeds(Bulk) ( Joint Development Agreement )
Land Sourcing ( Villa Project )
Agreements/Deeds(Bulk) ( Agreement of Sale )
Land Sourcing ( Commercial complex )
Packages ( Apartment/Builder Floor )
Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
Packages ( Residential Layout )
Project Approvals ( Conversion of Land )
Packages ( Villa Project )
Procure Specific Property Document(s) ( Encumbrance Certificate )
Packages ( Commercial complex )
Procure Specific Property Document(s) ( Khata / Khata Extract )
Legal Opinion/Title Certification ( Apartment/Builder Floor )
Legal & Drafting
Procure Revenue Documents ( Certified copy of registered GPA/SPA )
Registration Assistance ( Apartment )
Lease/Rental Agreements ( Residential Lease Agreement )
Legal Opinion (Written) ( Plots )
Utility/Property Payments ( Property Tax Payment )
Property & Documents Inspection ( Plot/Site Insepction )
Procure Revenue Documents ( Khata Extract )
Agreements/Deeds ( Sale Agreement/Deed Review )
Procure Revenue Documents ( Certified copy of registered documents )
Registration Assistance ( Villas )
Lease/Rental Agreements ( Room Rental Agreement )
Legal Opinion (Written) ( Apartment )
Utility/Property Payments ( Electricity Bill Payment )
Property & Documents Inspection ( House/Apartment Inspection )
Procure Revenue Documents ( Khata Certificate )
Agreements/Deeds ( Construction Agreement Review )
Procure Revenue Documents ( Other Revenue Documents )
Registration Assistance ( Independent House )
Lease/Rental Agreements ( Car Parking Agreement )
Legal Opinion (Written) ( Villas )
Utility/Property Payments ( Water Bill Payment )
Property & Documents Inspection ( Documents Inspection in Govt Office )
Procure Revenue Documents ( Khata Transfer )
Agreements/Deeds ( Rectification Deed )
Power of Attorneys ( General Power of Attorney )
Registration Assistance ( Agriculture Land )
Lease/Rental Agreements ( Settlement Of Rental Agreement )
Legal Opinion (Written) ( Independent House )
Affidavits ( Name & Address Affidavits )
Property & Documents Inspection ( Fraud & forgery Inspection )
Procure Revenue Documents ( Mother Deed Extract )
Agreements/Deeds ( Relinquishment deed )
Power of Attorneys ( Revoke/cancel Power of Attorney )
Registration Assistance ( Commercial Property )
Lease/Rental Agreements ( Paying Guest Agreement )
Legal Opinion (Written) ( Agriculture Land )
Affidavits ( Personal Affidavits )
Property & Documents Inspection ( Agriculture Land Inspection )
Procure Revenue Documents ( Copy of Grant Certificate )
Agreements/Deeds ( Mortgage Deed )
Registration Assistance ( Revenue/Other Site )
Construction Approvals ( Residential )
Lease/Rental Agreements ( Leave And Licence )
Legal Opinion (Written) ( Commercial Property )
Affidavits ( Student Affidavits )
Property & Documents Inspection ( Industrial / Commercial Inspection )
Procure Revenue Documents ( Pahani/RTC )
Agreements/Deeds ( Exchange Deed )
Lease/Rental Agreements ( Apartment Rental Agreement )
Construction Approvals ( Commercial )
Lease/Rental Agreements ( NOC From Landlord )
Legal Opinion (Written) ( Revenue/Other Site )
Affidavits ( Passport Affidavits )
Procure Revenue Documents ( Mutation )
Agreements/Deeds ( Release Deed )
Lease/Rental Agreements ( House Rental agreement )
Packages ( Legal Opinion to Registration (Plot/Site) )
Wills ( Make A will )
Affidavits ( Gas Affidavits )
Lease/Rental Agreements ( Other Lease/Rental Agreements )
Agreements/Deeds ( Agreement of Sale )
Procure Revenue Documents ( Electricity Bill Name Transfer )
Agreements/Deeds ( Partition Deed )
Lease/Rental Agreements ( Commercial Office Rental Agreement )
Packages ( Sale Agreement to Registration (Plot/Site) )
Wills ( Make A Codicil )
Affidavits ( General Affidavits )
Consultation on Property ( Property Buying )
Agreements/Deeds ( Construction Agreement )
Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
Agreements/Deeds ( Memorandum of Understanding )
Lease/Rental Agreements ( Commercial Shop Rental Agreement )
Packages ( Sale Agreement to Registration (Apartment) )
Notary & Attestation Services ( Get A Document Notarised )
Affidavits ( Other Affidavits )
Consultation on Property ( Property Selling )
Agreements/Deeds ( Sale deed )
Procure Revenue Documents ( Certified copy of revenue document )
Registration Assistance ( Plot )
Lease/Rental Agreements ( Commercial Lease Agreement )
Packages ( Legal Opinion to Registration (Apartment) )
Notary & Attestation Services ( Gazetted Officer Attestation )
e-stamp paper ( Get E-stamp paper )
Procure Revenue Documents ( Encumbrance Certificate )
Agreements/Deeds ( Gift Deed )
NRI Services
Succession Certificate ( Succession Certificate )
Power of Attorneys for NRIs ( General Power of Attorney by NRI )
Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
Buying Selling of Property in India ( Buying/Selling of Property in India )
Property Search ( Land And Property Search )
Propert Transfer ( Land and Property Transfer )
Property Partition ( Partition of Land And Property )
Property Disputes ( Illegal Sale of Land And Property )
Property Disputes ( Illegal Transfer of Land And Property )
Realtors
RERA Consultation ( RERA Approved Agent )
RERA Consultation ( RERA Consultant )
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by Law chamber : Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok
