What is this service?
The lease contract for business premises.
Commercial leases run longer and carry heavier terms than residential agreements: escalation, lock-in, fit-out periods, signage, common-area maintenance, GST treatment and registration. The drafting and stamping must match the intended term and use.
Why and when you need it
- Why
- It fixes escalation, lock-in, fit-out rights and exit - the clauses that decide most commercial disputes.
- Who needs it
- Businesses leasing offices, shops, showrooms or warehouses, and their landlords.
- When
- Before taking possession or starting fit-out.
Required documents
- Ownership or authority proof of the lessor
- Identity and business proofs of both parties
- Property schedule and permitted use
- Commercial terms - rent, escalation, CAM, deposit, lock-in
Identity and supporting documents
- PAN card of each applicant or party
- Aadhaar card or another government photo identity and address proof
- Passport-size photographs
- For companies and associations: incorporation documents, board resolution and authorisation letter
Step-by-step procedure
- Verify ownership, land-use and approvals for the intended commercial use
- Fix commercial terms including escalation and lock-in
- Draft the lease with fit-out, signage, CAM and exit schedules
- Stamp correctly and register where required
- Record handover condition and fit-out timelines
Fees, stamp duty and timelines
- Government fee
- Government fees, where applicable, are paid only on the official portal or at the government office. Confirm the current amount on the official portal before payment.
- Assistance charges
- Professional assistance charges are quoted after understanding your requirement. Government fees and SRCHN service charges are always shown separately. Confirm the final quote before work begins.
- Processing time
- Processing time varies by office and case. No completion timeline is guaranteed.
Government fees and SRCHN assistance charges are always kept separate. Nothing here is an invented price - confirm current amounts on the official portal or with our team before paying.
Legal requirements
- Transfer of Property Act, 1882
- Registration Act, 1908 - registration for leases as applicable by term
- Karnataka Stamp Act, 1957
Common rejection reasons
- Land-use or zoning does not permit the intended business
- Escalation and CAM terms ambiguous
- Registration requirement missed for the lease term
Important cautions
Long leases generally require registration - do not treat a commercial lease like an 11-month rental
Confirm the property's land-use permits your business before signing
FAQs
Does a commercial lease need registration?
Leases beyond the exempted period require registration under the Registration Act. Most commercial leases cross that line - confirm for your term.
What is a lock-in clause?
A period during which neither side can exit without compensating the other. Record the compensation precisely.
Who pays for fit-out?
Whatever the lease records. Fix the fit-out period, rent treatment during fit-out and restoration obligations at exit.
