Commercial Lease Agreement

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Commercial Lease Agreement is a contract through which the owner of a property (lessor), provides temporary possession of the property  to another party (lessee). It is similar to a Rent Agreement, but in Commercial Lease Agreements, the property is used for commercial activities such as running a business. Commercial properties used for lease include office space, retail space, restaurants, industrial buildings and warehouses.

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How to get a Commercial Lease Agreement Registered

  • Schedule Call with the Lawyer

    Discuss the requirements and the specifications to be drafted in the Lease Agreement

  • Drafting Lease Agreement

    Lawyer will draft the Lease Agreement as per the requirements

  • Registration appointment

    Registration appointment is received once the necessary Govt. fees are paid.

  • Lease Agreement Registration

    Commercial Lease Agreement is Registered at the Sub-Registrar’s office.

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Schedule Call with the Lawyer

Discuss the requirements and the specifications to be drafted in the Lease Agreement

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Drafting Lease Agreement

Lawyer will draft the Lease Agreement as per the requirements

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Registration appointment

Registration appointment is received once the necessary Govt. fees are paid.

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Lease Agreement Registration

Commercial Lease Agreement is Registered at the Sub-Registrar’s office.

Benefits of Registering a Commercial Lease Agreement

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    Safeguarding Unexpected Incidentals

    Registered Commercial Lease Agreement safeguards the interests of both parties in case a conflict arises amidst the terms of the lease.

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    Proof of Residence

    The Agreement can be used as proof of address while registering a company.

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    Legal Security

    They are admissible in court, making them useful in case of legal proceedings regarding the property.

Prerequisites for registering Commercial Lease Deed

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    Draft of the Agreement

    Draft of the Commercial Lease Agreement stating the property details

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    Statutory Fees

    Challan confirming the payment of Stamp Duty

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    Identification Proof

    Aadhaar/Passport copy of both the parties

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    Photographs

    2 Photographs each of both parties

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    Ownership Proof

    Confirming the ownership of the landlord’s Property

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    Witnesses

    2 Witnesses along with their ID Proofs

Registration Process

  • 1

    Discuss your requirements with a lawyer

  • 2

    Lawyer drafts the Commercial Lease Agreement

  • 3

    Generate Challan by paying Stamp duty

  • 4

    Schedule an appointment at the Sub-Registrar’s office

  • 5

    Pay Registration Fee

  • 6

    Present relevant documents

  • 7

    Signatures of both parties along with 2 Witnesses in the presence of the Sub-Registrar

  • 8

    Commercial Lease Agreement is registered at the Sub-Registrar's office

Deliverables for Commercial Deed Registration

  • Customized Draft

    Customized draft of the Commercial Lease Agreement

  • Registered Commercial Lease Deed (in original) home delivered

    Registered Commercial Lease Deed (in original) home delivered

Frequently asked Questions

What is the minimum notice period?

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The minimum notice period may be of 1 month, but each Commercial Lease Agreement can have a different notice period.

What should I do if the terms of the Agreement are violated?

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Contact a lawyer if the terms of your Agreement are violated. Injunctions can be enforced upon the violation.

How long does it take for the Commercial Lease Agreement to be registered?

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Depending on the area where you reside, the process of registration can take anywhere from 2-3 days to 2 weeks.

Is it mandatory to register a Lease Agreement?

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A lease agreement with a term above 1 year requires mandatory registration.

I have a Commercial Lease Agreement; how can I get it reviewed by a Lawyer?

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The Commercial Lease Agreement can be reviewed under the right legal guidance provided by ezyLegal. You can upload your document and schedule your Consultation with a Lawyer.

What is the process of getting the document drafted from ezyLegal?

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ezyLegal offers to choose between Standard and Customized Document drafts. For the  customized Document, a call with a lawyer is scheduled where you can discuss the requirements. The lawyer will draft your Commercial Lease Agreement and get it registered. 

How will the Document be delivered to me?

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The Document will be available on (www.ezylegal.in) under your secured Account. A WhatsApp and email notification will occur when there is an update. Copies of the documents delivered online via website, will be always available in your secured account. The original registered document will be home delivered at additional charges.

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