Download a perfect commercial lease agreement format for your shop, office, commercial building, shared office or a part building. Here are few reasons why these agreements would make sense to you:
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(Standard Gross Commercial Lease Agreement Format)
This Lease Agreement is made on this ___ day of _________20___ at _______________ by and between
(In case the property is owned by a company)
_______________________, a company incorporated and registered under the Companies Act, 1956, and having its registered office at: ________________________________________________________, through its Authorized Signatory ____________________, having contact details:
hereinafter called “Lessor” (which expression shall unless it be repugnant to the context or meaning thereof be deemed and mean to include its members, shareholders, directors, successors-in-interest and assigns), party of the First Part and
(In case the property is owned by an individual)
Hereinafter called the “Lessor” (which expression shall mean and include his/ her heirs, legal representatives, administrators, executors, successors, and assigns etc.), party of the First Part and
(In case the Lessee is a company)
_______________________, a company incorporated and registered under the Companies Act, 1956, and having its registered office at: ________________________________________________________, through its Authorized Signatory ____________________, having contact details:
here in after called “Lessee” (which expression shall unless it be repugnant to the context or meaning thereof be deemed and mean to include its members, shareholders, directors, successors-in-interest and assigns), party of the Second Part.
(In case the Lessee is an individual)
Here in after called the “Lessee” (which expression shall mean and include his/ her heirs, legal representatives, administrators, executors, successors, and assigns, etc.) party of the Second Part.
The Lessee and the Lessor, hereinafter individually referred to as “party” and together referred to as “parties”.
Whereas the Lessor is the absolute owner of the immovable commercial property bearing No. _ (address of the property)_______________________________________________________, hereinafter referred to as the “property” or “premises”, which is more fully described in the schedule below.
Whereas the Lessee is proposing to do the business of _______________________________ and is desirous of taking the Said Premises on lease from the Lessor for its business for a period of ____ years commencing from ____________ (commencement date) to ____________ (termination date), which the Lessor has agreed to give in the manner and on the terms, conditions, covenants and stipulations as stated hereafter.
Now this Lease Agreement witnesses and it is hereby agreed by and between the parties hereto as follows:
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