Transfer of Property Act, 1882
Governs commercial leases as leases of immovable property — rights of lessor and lessee.
Secure your commercial spacewith a legally comprehensive lease.
A Commercial Lease Agreement covering rent escalation, fit-out obligations, lock-in periods, sub-leasing rights, and comprehensive exit provisions — protecting both landlord and business tenant.
Lock-In PeriodRent EscalationFit-Out ObligationsCommercial Exit Terms
Rs 4,999
All-Inclusive
Both Parties
Landlord & Tenant
Registration Coordinated
12+ Month Leases
What we handle for you
A Commercial Lease Agreement that protects the landlord's asset and the tenant's business investment — covering every operational and financial term.
Rent, Deposit & Escalation
Structure rent, deposit, annual escalation, and maintenance cost-sharing — with legal enforceability for all payment obligations.
Fit-Out Obligations
Define fit-out obligations — who pays, ownership of improvements, and restoration on exit — preventing the most common commercial lease disputes.
Lock-In, Break & Renewal
Draft lock-in period, break clause, and lease renewal options — balancing the landlord's security with the tenant's operational flexibility.
Default & Exit Provisions
Include permitted assignment and sub-leasing provisions, comprehensive default triggers, and clear eviction and exit procedures.
The 4-Step Drafting Process
From commercial space details to a stamped, registered lease — protecting both parties for the full lease term.
01
Describe the Commercial Space
Provide property details, lease duration, rent, deposit, fit-out responsibilities, and any specific commercial requirements.
02
Lawyer Drafts the Lease
Our commercial property lawyer prepares a comprehensive lease covering all operational, financial, and exit terms.
03
Negotiate & Finalise
Both parties review and negotiate key terms — lock-in period, renewal options, rent escalation, and fit-out obligations.
04
Stamp Duty & Registration
The Commercial Lease is executed on stamp paper and registered — particularly important for leases over 12 months.
Legal Framework
Commercial leases in India are governed by property law, registration law, and stamp duty requirements — with arbitration frequently used for dispute resolution.
Registration Act, 1908
Commercial leases for 12 months or more must be registered.
RERA, 2016
Applicable to commercial units in RERA-registered projects.
Arbitration and Conciliation Act, 1996
Commercial lease disputes are frequently resolved through arbitration — a well-drafted arbitration clause is important.
Client Success Stories
“We took our first office space and the landlord's agreement had no fit-out clause and no break provision. LegalKonnect negotiated a fair agreement with a 3-year lock-in, 10% annual escalation cap, and a clear exit protocol.”
GN
Girish Nair
Bengaluru“Our commercial tenant vacated without restoring the fit-out. Our old lease said nothing about restoration. LegalKonnect now drafts all our commercial leases with explicit restoration obligations and security deposit terms.”
SA
Sunita Agarwal
MumbaiFrequently Asked Questions
Stamp Duty Not Included
Government stamp duty charges apply to registered documents and vary by state. These are paid directly to the government and are not part of our service fee. Your advocate will confirm the applicable amount for your state before any document is executed.
A lock-in period is a minimum tenure during which neither party can terminate the lease without penalty. It protects the landlord from early vacation and gives the tenant certainty of occupation. Typically 1–3 years in commercial leases.
This is negotiated between the parties and documented in the agreement. Typically, the tenant bears initial fit-out costs, while structural repairs are the landlord's responsibility. Day-to-day maintenance is usually the tenant's obligation.
Only with the landlord's express written consent unless the lease explicitly permits sub-leasing. Unauthorised sub-leasing is a breach of the lease and can trigger termination by the landlord.
The lease should specify whether the tenant must restore the property to its original condition (restoration obligation) or whether the landlord accepts the improvements. Without clarity, disputes on deposit refund and exit costs are common.