if You are running any business on the rental property, Then you need Rent agreement with the property owner. We had listed here many Rent Agreement Format For Shop.

Rent Agreement Format For Shop


Rent Agreement is a legal document, which is used to secure your business place. Also it can use as legal proof of your business. It clear all conclusion between the landlord (owner of the property) and tenant.

All the terms and conditions of the landlord and also the tenant had been written on the document. Like Monthly rent, a period of the property taken. Here are a particular process for making the rent agreement. You may want to take a look in Rent Agreement Format For Shop:

Rent Agreement Format For Shop:

RENT AGREEMENT

This Rent   Agreement is made on this __________ (date of rent agreement) by ________________ (name of the landlord) S/o _______________ (father’s name of the landlord), Add: ___________________________________________________ (residential address of the landlord). Herein after called the Lessor / Owner, Party Of the first part

AND

_____________________________ (Name of the proposed company), through its proposed director __________ (name of the director) called Lessee/Tenant, Party of the Second Part

That  the  expression  of  the   term ,   Lessor/Owner and  the Lessee/Tenant    Shall mean   and    include   their   legal    heirs   successors ,  assigns , representative  etc. Whereas the Lessor /Owner is the owner and   in possession of the property   No: ______________

_________________________________________________________________________________ (registered address of the company) and  has  agreed  to  let  out   the one office  Room, one Toilet & Bathroom Set on said property, to the Lessee/Tenant and  the Lessee/Tenant   has  agreed  to  take  the  same  on  rent  of Rs. ______/-  (In words) per month.

   NOW THIS RENT AGREEMENT WITNESSETH AS UNDER:-

 

  1. That the Tenant/Lessee shall pay as the monthly rent of RS. _________/- (In words)  per  month,  excluding  electricity  and  water charge.
  1. That the Tenant /Lessee shall not sublet any part of the above said demised premised premises to anyone else under any circumstances without the consent of the Owner.
  1. That the  Tenant  / Lessee shall abide by all the bye-laws,  rules and regulation, of the local authorities in respect of the demised premises and shall not do any illegal activities in the said demised premises.
  1. That this   Lease is granted for a  period of   Eleven  (11)  months only commencing from ___________ (date of rent commencing from) and this lease can be extended further by both the parties with their mutual consent on the basis of prevailing rental value in the market.
  1. That the Lessee shall pay Electricity & Water charge as per the proportionate consumption of the meter to the Lessor /Owner.
  1. That the Tenant/Lessee shall not be entitled to make structure in the rented premises except the installation of temporary decoration, wooden partition/ cabin, air – conditioners etc. without the prior consent of the owner.
  1. That the  Tenant/lessee can neither make addition/alteration in the said premises without the  written consent of the owner nor the lessee can sublet part or entire premises to any person(s)/firm(s)/company(s).

Contd: 2/-

  1. That the  Tenant/Lessee shall permit the  Lessor/Owner or his Authorized agent to enter into the said tenanted premises for inspection/general checking or to carry out the repair work, at any reasonable time.
  1. That the Tenant/Lessee shall keep the said premises in clean & hygienic condition and shall not do or causes to be done any act which may be a nuisance to others.
  1. That the Tenant/Lessees shall carry on all day to day minor repairs at his/her own cost.
  1. That this Agreement may be terminated before the expiry of this tenancy period by serving One-month prior notice by either party for this intention.
  1. That the Lessee shall use the above-said premises for Official Purpose Only.
  1. That the  Lessee/Tenant  Shall not store/Keep any offensive, dangerous, explosive, or highly  Inflammable articles in the said premises and shall not use the same for any unlawful activities.
  1. That the Lessee shall pay the one month’s advance rent to the Lessor the same shall be adjusted in monthly rent.
  1. That both parties have read over and understood all the contents of this agreement and have signed the same without any force or pressure from any side.

In WITNESS WHEREOF  the  lessor/Owner  and  the Tenant / Lessee have hereunto subscribed  their  hand  at  ______ (place)  on this  the _____________ (date of rent agreement) year first  above Mentioned in presents of the following Witnesses

WITNESSES:-

1.

2.

__________ (name of the landlord)             _________________ (name of the proposed Company)

Lessor                                                              Lessee

Download

Rent agreement format in word
Rent agreement format in PDF

What ought to be remembered for the Agreement?

  1. Security deposits amount
  2. Tenant’s duties and responsibilities
  3. Results of non-installment of rent, not restoring the store and outstay
  4. Percentage increase in annual rent
  5. Time of Using property.
  6. Tenancy termination rules

What Should Be Included In The Contract?

  • 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

The legal procedure for Making the Agreement :

  • You have to buy stamp Paper from the Local stamp Vender, according to your time of the agreement. Generally, Rs 100 is used for 5 years agreement.
  • You should print the above form on the stamp. You can use extra sheets ( A4 Pages ).
  • You have to notarize the papers from Local Court.

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