INDIA
Rent, lease and manage business premises in India with these fully editable template forms.
Q. Which laws in India govern business premises leases?
A. The following statutes are usually applicable on the execution and subsistence of a commercial lease agreement:
- The Indian Contract Act, 1872
- The Transfer of Property Act, 1882
- The Registration Act, 1908
- The Indian Stamp Act, 1899
- The Arbitration & Conciliation Act, 1996
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India Leave and Licence Agreement for Business Premises
License part of your business premises to another business with this India Leave and Licence Agreement.
- Allotted Space. The licensee will occupy a specified portion of the square footage of the shop to carry on its business.
- Security Deposit. The licensee will pay an interest-free security deposit, which will be refunded at the end of the licence period, less any amounts owing to the licensor.
- Usage Fee and Charges. The licensee will pay a monthly fee for its use of the licensed area of the premises, plus a portion of the electricity bills.
- No Tenancy. The Agreement does not create a tenancy or sub-tenancy between the parties, and the licensee will have no right, title or interest with respect to the shop premises.
$12.49
