Ubaid Ahmed Ghawte
Ubaid Ahmed Ghawte
18 Years Exp
Commercial Shop Rental Agreement (Show More)
Mumbai , Bazargate
View Answers by this Partner (0)
Profile Views : 6483
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 : Ubaid Ahmed Ghawte
Law Firm Name : Ubaid Ahmed Ghawte
Country : India
City : Mumbai
State : MAHARASHTRA
Practicing Since: 2007
About Your Firm : Ubaid Ahmed Ghawte is a law graduate from VPM TMC Law College, University of Mumbai. He also worked as an In-House Counsel for M/s. I.B. Enterprise, since November-2011 to April 2015. Mr. Ghawte practiced as an Associate Advocate at the High Court of Bombay and Subordinate Courts at Mumbai, and other quasi judicial Authorities since September 2007 to February 2010 in the chamber of Mr. Mubin H. Solkar, Advocate. Mr. Ghawte’s practiced areas includes all kinds of litigation especially property issues involved including property rights, Injunction Suits, Money Recovery and consumer disputes and rendered professional service in cases relating to Constitutional Law, Service & Administrative law. Argued in Civil and Criminal matters before High Court of Mumbai, Civil Court, Sessions Court, Consumer Court and other quasi judicial authorities in and around Mumbai. He also handled trials of Maharashtra Control of Organized Crime Act before Special MCOCA Court, Mumbai. Non Litigant works like Scrutiny & verification of the property documents and prepared legal opinions and Registration of the Documents.
| 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 |
Legal & Drafting
No Answers Found
