Create a Commercial Lease Deed

LP Stamp Paper

Lease Deed

LP-DRAFT

Not saved yetSave & exit

Drafting

Commercial Lease Deed

Drawn as lease deed · 60 months · lessor and lessee

Choose a different agreement

Where is the property?

This tells us which Sub-Registrar has jurisdiction and which local rules to apply. Everything here goes into Schedule A of the agreement.

Type of property

Door / flat number*

Building / apartment name

Street*

Locality / area*

City / town*

District

Sets the court of jurisdiction.

PIN code*

Built-up areasq ft

sq ft

Bedrooms

Bathrooms

Floor

FurnishingChanges which clauses appear

An inventory clause and Schedule B have been added to your agreement. You will list the articles in the Clauses step.

Amenities available to the tenantOptional

Step 1 of 6

Running total

This documentDrafting fee: ₹400
Stamp paper₹100: ₹120
Extra pages4 sheets · ₹50 past the first: ₹150
Stamp duty1% · Govt of TN: ₹0
Registration fee1% · Govt of TN: ₹0
ServiceStandard: ₹450
GST18% on our fee: ₹184
Total: ₹1,304

Clauses generated

10 added from your answers:

No nailsNo liquorParking includedRegistrationTemplate clause

Running total

Live document

LEASE DEED

This LEASE DEED is made and executed at on this .

BETWEEN

, residing at , hereinafter called as the “LESSOR” (which expression shall unless repugnant to the meaning or context thereof include himself, his heirs, successors, executors, administrators and assigns) of the ONE PART.

AND

, residing at , hereinafter called as the “LESSEE” (which expression shall unless repugnant to the meaning or context thereof include himself, his heirs, successors, executors, administrators and assigns) of the OTHER PART.

WHEREAS the LESSOR is the absolute owner of the premises , AND WHEREAS the LESSEE has requested the LESSOR to rent-out the said premises more fully described in the schedule hereunder for RESIDENTIAL PURPOSE and the LESSOR has agreed to the same on the following terms and conditions.

NOW THIS LEASE DEED WITNESSETH:

1.The monthly rent for the premises hereby let-out to the LESSEE is ₹0 (Rupees Zero Only) and the LESSEE has agreed to pay it on or before the 5th of every succeeding calendar month.

2.The LESSEE has agreed to pay a deposit of ₹0 (Rupees Zero Only). The LESSEE shall pay this deposit to the LESSOR on or before the date the tenancy commences.

3.The aforesaid security deposit will not carry any interest and the LESSOR shall return this amount to the LESSEE at the time of vacating and delivering vacant possession of the demised premises as it is let-out to the LESSEE this day.

4.The LESSEE shall pay separately the electricity charges, according to the meter readings for the demised portion, directly to the T.N.E.B.

5.The LESSOR will be at liberty to deduct all such amounts as rent dues, electricity charges and other arrears, and also any damages to the building, wood work, electrical fittings and plumbing taps, at the time of the LESSEE vacating the portion.

6.The LESSEE shall not hammer any nails on the walls of the premises. If nails are hammered, the walls have to be cemented and the premises have to be painted in full and handed over at the time of vacating the said property.No nails

7.The tenancy shall be in force for a period of 60 months commencing from 15.09.2026 to 15.09.2031.

8.Both the LESSOR and the LESSEE agree that the period of tenancy may be extended for a further period of 60 months by mutual consent on fresh terms and conditions. On such renewal the monthly rent shall stand increased by 5%.

9.The LESSEE shall not make any structural alterations or additions without the written consent of the LESSOR.

10.The LESSEE shall not sublet the demised premises or any part thereof to any third parties.

11.The LESSOR or the LESSOR's authorised representatives shall be at liberty to inspect the demised premises at all reasonable times without any interruption by the LESSEE.

12.The LESSEE shall not alter the use of the demised premises, which are let for commercial purpose, without the written consent of the LESSOR.

13.The LESSOR has every right to evict the LESSEE irrespective of this agreement if the LESSEE commits default in payment of monthly rent for a continuous period of 2 months.

14.This agreement is terminable by 1 month notice in advance on either side.

15.The law in force shall otherwise govern this agreement.

16.The LESSEE shall not use the demised premises for any anti-social or illegal activities, and shall not consume or store liquor on the premises.No liquor

17.The LESSOR shall provide the LESSEE with 1 four wheeler parking slot(s) within the premises. The LESSOR shall not be liable for theft of or damage to any vehicle parked at the premises.Parking included

18.This agreement shall be registered before the jurisdictional Sub-Registrar. The registration charges and stamp duty shall be borne by the LESSEE unless otherwise agreed in writing.Registration

19.The LESSOR demises unto the LESSEE the commercial premises described in the Schedule for a term of ____ years commencing from ____________, for the purpose of ____________________.Template clause

20.This deed shall be registered before the jurisdictional Sub-Registrar within the time prescribed, and the stamp duty and registration charges shall be borne by the LESSEE.Template clause

21.The rent shall stand enhanced by ____% at the end of every ____ months. The security deposit shall be enhanced proportionately at each such revision.Template clause

22.The LESSEE may assign or sub-lease the demised premises to a holding, subsidiary or group company of the LESSEE with the prior written intimation of the LESSOR, and to no other person without the LESSOR's written consent.Template clause

23.The LESSEE shall be entitled to a rent-free fit-out period of ____ days from the date of handing over, during which no rent shall be payable but the maintenance and utility charges shall be borne by the LESSEE.Template clause

24.All statutory outgoings on the ownership of the premises, including property tax, shall be borne by the LESSOR. All outgoings on the use and occupation shall be borne by the LESSEE.Template clause

Schedule Of The Premises

All that piece and parcel of .

In witness whereof the lessor and the lessee have signed this deed on the day, month and year above written in the presence of witnesses.

LESSOR

LESSEE

WITNESSES:

Name, address and signature