Commercial Agreement in Delhi
Not all people are rich in this world. Not all of them have sufficient means to buy any property. So, they prefer to take property on rent and use it for commercial purposes. While taking a property on rent, it is important for both parties to get a commercial lease agreement which should be drafted correctly and carefully.
Commercial Lease Agreement is an agreement for the residents of Delhi. It is an agreement between a landlord and a tenant to rent a commercial place.
Details to be included in Commercial Agreement
Following are some details that should be included in Commercial Agreement:
- Duration of lease
- Monthly rent, maintenance charges, security deposit, etc.
- Dispute Resolution
- Sublet of Premises
- Termination of Lease
Important Terms of Commercial Agreement
It is very important to state the mandatory terms or clauses in a Commercial Agreement. The terms or clauses are as follows:
- Rent Clause
- Description of Premises Clause
- Parties Clause
- Term Clause
- Use and Exclusives Clauses
- Improvement and Alternations Clauses
- Maintenance Clause
- Insurance Clause
- Security Deposit Clause
- Other Clauses
How we can help you?
In a commercial lease dispute, it is not necessary to take the case to court. Litigation can cost you time and money. Easy Drafting respects your patience and will work towards a settlement of your dispute as quickly and efficiently as possible. We, at Easy Drafting, have a team of renowned property lawyers and legal experts. Call us at any time for drafting the Commercial Agreement in Delhi and to schedule a consultation in order to evaluate your situation and begin working towards a positive resolution. After all, it is always wise to seek advice from a lawyer before signing the lease to be able to draw up a contract that will minimize your risks. Our Services are fast and cost-effective.