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Commercial Rental Agreement

COMMERCIAL RENTAL AGREEMENT

Commercial rental agreement required proper drafting of clauses to avoid future disputes. Get you agreement drafted with highly professional experts.

GET YOUR RENT AGREEMENT DRAFTED NOW

    What is Commercial Rental Agreement?

    A Commercial Rental Agreement refers to a recognized document created between a landlord and a tenant for the renting of commercial property. This Commercial Rental Agreement permits the parties to formalize their Rental and their relationship through a legally documented agreement to execute a business on the rental premises.

    DOCUMENT REQUIRED FOR DRAFTING

    Details of Parties & witnesses
    Details of Parties & witnesses

    Identity proof and Address proof of parties involved & witnesses.

    Contact details of authorized person
    Contact details of authorized person

    Email ID & Mobile Number.

    Related Information
    Related Information

    Any required information to be used for creating the draft.

    Supporting documents
    Supporting documents

    Any referential or supporting documents for the draft.

    HOW WE WORK

    Fill the form and make payment of nominal fee.

    1. Fill the form and make payment of nominal fee.

    Our experts will call you and collect documents.

    2. Our experts will call you and collect documents.

    Make rest fee payment.

    3. Make rest fee payment.

    Drafting of documents as per requirement and sending documents for approval.<span>Single time change is allowed(if any).</span>

    4. Drafting of documents as per requirement and sending documents for approval.Single time change is allowed(if any).

    Final documents will be shared by our experts.

    5. Final documents will be shared by our experts.

    Congratulation your draft is ready!!

    BENEFITS OF WELL DRAFTED COMMERCIAL RENTAL AGREEMENT

    Serve as a Legal proof

    Written document act a documentary evidence and serve as a legal proof in the court of law.

    Show Professionalism

    Proper and correct drafting of documents give a sense of professionalism and create a serious impact over the involved parties.

    Reduce chances of dispute

    A well drafted documentation lead to clarity of the facts and laws. It reduces the chances of dispute which may occur due to oral discussions or roughly drafted documents.

    Prevent Confusions

    Good documentation practices help to prevent time-consuming missteps and confusion for all the parties involved.

    What are the essential elements of a Commercial Rental Agreement?
    • Details of both the parties to the agreement that is landlord and tenant.
    • Term of agreement for which the physical possession will be available for tenant.
    • Details of the premises including a property map, size, area, surrounding and details in regard to parking, cleaning, security, and heating/air conditioning, etc.
    • Security amount to be deposited by the tenant which shall be returned on termination or completion of agreement.
    • Base rent consideration to be paid on periodic basis (annual or monthly basis) and time limit within which the rent is to be paid.
    • Any costing to be paid by the tenant such as maintenance charges electricity charges, water charges, if any so agreed.
    • Details of Occupancy including date and terms of taking possession of the premises.
    • Agreement must mention who is responsible for paying and overseeing the construction project and improvements required in the said premises.