Description

Commercial lease agreement drafted by an expert advocate. A real estate advocate will work with you to write a commercial lease agreement that follows the local and state laws.

This is right for you if you need a custom lease agreement for your commercial property.

What's Included

a) Introduction call. A 30-minute phone call to know your advocate and talk about how you will work together.

b) Checklist of list of documents required will be shared.

c) Verification of your documents.

d) Drafting of the Commercial lease agreement and handling the required paperwork.
 

What's Not Included

a) Registartion of the lease agreement.

You May Also Want To Know

a) How to create a Commercial Lease Document?
Commercial leases are used to lay down the terms and conditions before a space is rented out for commercial purposes. It could be for shops, offices, godowns or manufacturing units or basically any entity that produces income. One needs to understand that commercial leases are very different from rental agreements on most aspects. Hence, it is vital that you draft a commercial lease with the help of professionals like us.

b) Who can use a Commercial Lease?
Any person who wants to set up a business in a rental property can use a commercial lease. He needs to be over 18 years of age to have a commercial lease in his name. Likewise, any landlord who wants to let his place to businesses or income producing entities. It does not always have to be an individual; companies can also get commercial leases from landlords or even other companies.

c) What should be included in the contract?
Following are some of the most vital clauses in any kind of commercial lease. The omission or careless drafting of these clauses may leave you vulnerable should a legal dispute arise.
-Duration of the lease
-Monthly rent, security deposit, percentage increase in rent per year, maintenance charges, property taxes (if any)
-Option to renew contract
-Nature in which disputes are to be resolved
-Whether the Tenant can sublet the premises to a new tenant or if it can be assigned to someone else
-Termination of the lease

d) How to make a commercial lease legally valid?
Commercial leases, while in function are quite similar to rental deeds, they have some favorable differences. Like for instance, commercial leases subject to most consumer protection laws and they are long term and binding. They are also negotiable and flexible as compared to rental deeds.