Property Verification Form

Commercial Lease

A Commercial Lease is a legal agreement between a landlord and a business tenant for renting commercial property, such as office space, retail stores, or warehouses.

Property Verification Form

It specifies the lease terms, including the rental amount, payment schedule, lease duration, and responsibilities for property maintenance and repairs. This contract ensures that both parties understand their obligations and rights, providing a clear framework for the tenant to use the property for business purposes and the landlord to receive rent.

Get ready for a swift start! We promise to deliver your first draft within just three working days, and we offer two rounds of revisions to make sure your Lease Agreement is perfectly tailored to meet your business needs.

How Does This Service Work?

  • 1

    Schedule a call with lawyer to understand your requirement

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  • 2

    We will draft the the agreement

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  • 3

    Appointment schedule for registration

    Step

  • 4

    Registration done at sub-registrar office!

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If you need any help, feel free to reach out at

support@legalverifier.com

    What are the contents included in a Commercial Lease Agreement?

  • Parties Involved: Names, addresses, and identification details of the landlord and tenant.

  • Property Description: Detailed description of the commercial property, including its address, layout, and features.

  • Lease Term: Start and end dates of the lease, including any options for renewal.

  • Rent Amount: Agreed monthly or annual rent, payment schedule, and method of payment.

  • Security Deposit: Amount of the security deposit, terms for its return, and conditions for its retention.

  • Utilities and Maintenance: Responsibilities for paying utilities (electricity, water, etc.) and maintaining the property.

  • Use of Property: Specific use of the property, any restrictions, and permissions related to its use.

  • Termination Clause: Conditions under which the lease can be terminated early and the process for doing so.

  • Notice Period: Required notice period for ending the lease by either party.

  • Dispute Resolution: Mechanism for resolving any disputes that arise during the lease term.

  • Signatures: Signatures of both parties along with the date to validate the agreement.

What are the benefits of registering a Commercial Lease Agreement?

  • Legal Validity: Registration makes the agreement legally binding and enforceable in court, ensuring both parties follow the terms.

  • Clear Ownership: It gives official recognition to the lease, helping prevent disputes about property rights and usage.

  • Proof of Lease: It provides strong evidence of the lease terms and the tenant's right to stay in the property, which helps resolve conflicts.

  • Protection Against Disputes: It lowers the chance of disputes by keeping a formal record of the agreed terms and conditions.

  • Security for Landlords: It protects landlords legally, making it hard for tenants to challenge the lease terms without valid reasons.

What are the requirements for registering a Commercial Lease Agreement?

  • Draft of the Agreement: A written document detailing the lease terms, including rent, duration, and responsibilities.

  • Identification Proof: ID documents of both the landlord and tenant, such as Aadhar card, passport, or voter ID.

  • Proof of Property Ownership: Documents proving the landlord’s ownership of the property, like a sale deed or title deed.

  • Photographs: Passport-sized photographs of both the landlord and tenant.

  • Witnesses: Two witnesses with their ID proofs (address and identity) to sign the agreement.

  • Address Proof: Proof of address for both parties involved, such as utility bills or bank statements.

  • Completion of Forms: Any additional forms required by the local sub-registrar’s office for registration.

    Connect to our CRM  team  for Support and Pricing

  • Get 30 min talk with a lawyer

  • Customize draft within 3 business days

  • Get the option to revise the draft as per your suggestion/ changes up to 2 times

  • Support in registration process

  • Home delivery of registered original rent agreement

Why Should You Choose Us?

  • Senior Expert Lawyer:

    We have a dedicated team of expert lawyers who take care of every detail in a legal document draft. You can also track the progress of the document on our platform.

  • Smooth Delivery Process:

    Whenever needed, you can contact us directly. We’ll ensure everything is clear and that everything is delivered on time.

  • Fast and easy:

    The agreement draft will be delivered within 3 working days.

  • Secure:

    Our top priority is to ensure that your information and documents shared with lawyers remain 100% confidential and secure.

Frequently Asked Questions (FAQ’s)

It is a contract between a landlord and a business tenant outlining the terms for renting commercial property.

It provides clear terms for rent, usage, and responsibilities, protecting both parties and preventing disputes.

It includes details like property description, rent amount, lease term, maintenance responsibilities, and any special conditions.

You need the lease draft, identification proof of both parties, property ownership documents, and photographs.

Refer to the dispute resolution clause in your agreement, or if you need any help, feel free to reach out support@legalverifier.com seek legal assistance if necessary to resolve the issue.

You can reach out to us at support@legalverifier.com. Our team will assist you with any queries or issues you may have.

Yes, our services are available all over the country, serving clients in every state and territory, from cities to rural areas.