How To Lease a Commercial Office Space
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- čas přidán 13. 07. 2021
- How To Lease a Commercial Office Space
FOLLOW THE FOLLOWING INSTRUCTIONS BEFORE LEASING OUT A COMMERCIAL OFFICE SPACE TO A TENANT:
The very first step is to verify the identity and the paying capacity of the proposed tenant. This can be done by verifying his IRT and balance sheet records and other financial details.
If the commercial office space is in a commercial building, several aspects are required to be clarified. The issue of the charges related to maintenance, lift operation charges, power back up, parking, and all other related are to be borne by the tenant and this should be clearly specified and clarified in negotiation as well as in the lease deed.
The liability of the applicable taxes, levies in the Commercial Lease Deed Format should be specifically be mentioned.
The Commercial Lease Deed Format should clearly and specifically mention the date of commencement of the lease and the date of termination of the tenancy.
Commercial Lease Deed Format should also mention specifically the mode and process of the termination of the lease deed.
Commercial Lease Deed Format should also indicate the enhancement clause for the leased property.
The clause related to the renewal of the Commercial Lease Deed Format should also be mentioned specifically.
Commercial Lease Deed Format should also mention the mode of deposit and return of the security amount from the tenant.
Commercial Lease Deed Format/ agreement should be registered with the Registrar if the lease period is more than 11 months.
IMPORTANT TIPS ON LEADING A COMMERCIAL PROPERTY:
Take care to check the valid and proper sanction for the construction of the property being negotiated for the lease; check the sanctioned plan and completion letter.
Check the details of the carpet area being mentioned in the Commercial Lease Deed Format.
Mention the charges related to maintenance, lift operation charges, power back up, parking, and all other related charges being claimed by the owner of the commercial premises or the operator in the Commercial Lease Deed Format.
Negotiate and mention the liability of the applicable taxes, levies in the Commercial Lease Deed Format.
The Commercial Lease Deed Format should clearly and specifically mention the date of commencement of the lease and the date of termination of the tenancy.
Commercial Lease Deed Format should also mention specifically the mode and process of the termination of the lease deed.
Commercial Lease Deed Format should also indicate the enhancement clause for the leased property.
The clause related to the renewal of the Commercial Lease Deed Format should also be mentioned specifically.
The Commercial Lease Deed Format/ agreement should be registered if the lease period is for more than 11 months.
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Very important, informative thanku sir
Very helpful video, good work. Consumers will be greatly benefitted.
Thanks for appreciation. We try to improve always.
It's very helpful. Thanks.
Thanks for appreciation.
Thanks sir , i have commercial building , can you please contract if any one integrated
I have given my commercial premise to same agency for 2 terms which is 6 years now. Can we give the same agency for 3rd term for another 3 years?
I am leasing out a commercial property…
Lease documents to be registered?..
Is that mean that we have to draft lease deed on a stamp paper or get it registered by court?
I want to rent my property as a commercial space, how to add on social media
A new tenant is asking sale deed and property documents , is this legal ? And why are they asking ?
Pl make video for safeguarding Tenant interest too.🙏
We will try
Sir my father is paying rent to owner since 1969 and there was no deed only in a paper my grandfather name was written now my grandfather is no more nd father want the same in his name...what kind of agreement we need to draft
Sir, how to count stamp duty and registration charges?
There is a chart of calculation for stamp duty in every state.
Sir can a tenant leave premises before finishing of agreement period eventhough he is paying rent on time
It depends upon the lease agreement. If there is non, then he can very well leave the house.
Sir how much agent can charge per sft hyderabad
Legally there is no prescription, it is based on mutual agreement between the parties.
Its very useful...
No tax registration by tenant point ka meaning nhi smjh paaya sir...
Can u help in comment🇮🇳🙏🇮🇳
If the tenant gets the GST or other tax registration by giving your address and subsequently some recovery is claimed by the department then they can attach your property for recovery of the amount. It is safe not to give any such NOC.
प्लीज मुझे हैल्प की जरूरत है, हमारे गांव में डिगी के नाम पर चार प्लांट थे उस पर मकान बना लिए है सरपंच जैसे लोगों से मिल कर। गांव वालें कुछ नहीं बोले। गांव वाले कह रहे हैं की इन लोगों ने पट्टे अपने नाम करा लिए हैं अब कुछ नहीं होता हम क्यों इन से दुश्मनी मोल ले इस लिए कोई कुछ नहीं बोल रहे हैं। एक गरीब परिवार तो अपनी जगह सरकार को दान देता हैं। और अमीर लोग कब्जे करते हैं। तो प्लीज कोई हैल्प कर दो ।
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Sir can I get ur no I would like to talk to you
Mail your requirements , our team will talk to you and then if required with the senior as well.
Actually the problem is my shop owner is not providing me the basic facilities like toilet n electricity
Since two years I am asking him but he is not providing me such facilities
There is no parking place in the shopping complex my shop is the last one in the complex which is inside the complex
When I took the shop he promised me he will not allow the vehicles inside the complex but later he allows.
The problem here is my shop is not visible from the road becoz of the vehicles I recently windup my shop
It was a retail shop I lost almost 12 lakhs in that business
I already paid two years advance rent now he is asking me the this year rent I told him to provide me the basic facilities first instead of providing me the facilities he is threatening me to vacate there shop he is getting offers
What should I do sir ?
I am from jammu n kashmir
Pls advice me sir
Thank