sen & associates
Basanta Kumar Sen
44 Years Exp
Commercial Shop Rental Agreement (Show More)
Kolkata , Kolkatta G.P.O.
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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 : Basanta Kumar Sen
Law Firm Name : sen & associates
Country : India
City : Kolkata
State : WEST BENGAL
Practicing Since: 1981
About Your Firm : I am a practising lawyer since the year 1981. I formed my o wn firm in the year 1985 and handle civil cases mainly in HIgh COurt and in all District Courts, Tribunals, Bank Tribunals, National COmpany Law Tribunals, outstation courts, and specilaising in Arbitration and documentation of all kinds including searching of title, registration, etc.
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| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
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Subject : Drafting a Will
Question : Can i specify an under construction property in the Will? The property will be delivered only after a year. But i want to register the Will now by bequeathing my properties to my son. Is that possible?
Answer by sen & associates : Yes. It is very much possible. You can go ahead.
