manoj 08 December 2015

Details for leasing a shop

sir,

I have a 1000 sqft show room speace in kerala. last 7 years i didn't given the same for Lease or Rent. Because iam affired once i rent the property ,it is very diffult to vacate the tenent. Iam an NRI so i planned ,when i come back to india i can start some business. but for that will take again 6 years .

So please advice how i can Lease/Rent this property in a sccure manner.

regards.

manoj

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1 Replies

Adv. Yogen Kakade (+ 91 9225510883) 08 December 2015

Hi,

You can always rent out the premises by executing a Leave and license agreement for a short term.

Be keen towards choosing a tenant.. and while drafting the lease deed.. better go for short term lease.. i.e for 11 months and extend it later if you wish.. get the agreement registered.. give an intimation to the local police about the lease transaction.. and get the tenant docs verified at the police station.

Adv. Yogen Kakade

Jurycon Incorporation

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