Lease Deed – Commercial
A Commercial Lease Deed is a legally binding agreement between a landlord and a tenant for renting or leasing a commercial property — such as an office, shop, showroom, warehouse, or industrial unit. This agreement clearly defines the terms and conditions of the commercial tenancy, helping avoid future disputes and ensuring a transparent relationship between both parties.
At ClassicTrademarkOffice, we help you draft a comprehensive, legally compliant Commercial Lease Deed tailored to your specific business requirements, protecting your rights and interests under applicable property and tenancy laws.
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📜 What is a Commercial Lease Deed?
A Commercial Lease Deed is a legal document that specifies the agreed terms and conditions under which a commercial property is leased out. It serves as a binding contract between the landlord (lessor) and the tenant (lessee) for using the property for business purposes.
It sets out key details like rent amount, payment schedules, lease duration, security deposit, renewal and termination clauses, maintenance responsibilities, permitted usage, sub-letting rules, and any other specific conditions agreed upon between both parties.
A properly drafted Commercial Lease Deed ensures that both the landlord and the tenant are legally protected and clear on their rights and obligations throughout the lease period.
📜 How to Use a Commercial Lease Deed?
A Commercial Lease Deed is a crucial piece of evidence in case of any dispute or misunderstanding between the lessor and lessee. Here’s how you should execute it:
✅ Execution on Stamp Paper:
The lease agreement must be printed on Non-Judicial Stamp Paper of appropriate value — usually ₹100/- or more, as per the applicable State Stamp Duty Act and the total rent payable.
✅ Signing the Agreement:
The deed must be signed by both the lessor and lessee, generally at the time of paying the security deposit and handing over possession of the property. Signing in the presence of two witnesses is strongly recommended.
✅ Copies of the Agreement:
Prepare two original copies of the lease deed — one for the landlord and one for the tenant. This ensures that both parties hold valid documentation.
✅ Registration:
As per the Registration Act, 1908, a lease deed for any period exceeding 11 months must be mandatorily registered at the local Sub-Registrar Office. This makes the agreement legally enforceable in court and provides added legal protection.
📌 Pro Tip:
Always have your Commercial Lease Deed drafted and vetted by an experienced legal professional to ensure compliance with local laws, industry best practices, and to safeguard your commercial interests.
📌 Our Services Include:
Take advantage of a free consultation call with our experienced legal team to choose exactly which agreement you need, understand its significance, and get it customized to your unique business needs.
✅ Commercial Lease Deed Drafting
Let our skilled legal experts draft a Commercial Lease Deed from scratch, personalized to your business goals — whether you’re a landlord or a commercial tenant.
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