Commercial, retail and industrial leasing
39 documentsThe premises are for a business — an office, a shop, a godown, a factory — and the terms are not the ones a home is let on.
Documents from ₹99. GST included.
Save with a kit:Commercial Leasing Kit ₹1,799 (save ₹597)Commercial tenancy ₹1,999 (save ₹1,098)Pre-Leased Sale Kit ₹2,099 (save ₹696)Commercial Landlord ₹3,799 (save ₹1,295)
Office and coworking
- Commercial Leasing Brokerage AgreementFor a landlord letting out an office, shop, showroom, godown or industrial shed through a broker, or a business engaging a broker to find and lease commercial premises for it. Names which side the Broker acts for — that single answer then decides who else may pay the Broker, what counts as a successful deal, and what the Broker must disclose. Fixes the commission basis — a flat fee, a percentage of the first year's rent, or a percentage for every year of the term — and the event that earns it: a term sheet, the lease itself, or possession. Covers exclusivity, the mandate's term, and what happens to commission on introductions already made when the mandate ends. For a fee already agreed on a single deal that is already taking shape, with no leasing-specific mechanics, use the Brokerage Agreement and Fee Schedule instead. This document is the engagement that comes before that stage, and it is not itself a lease: once a Transaction is found, the parties still need a Commercial Lease Deed, a shop or office tenancy agreement, or whatever instrument the deal actually calls for.₹1,499Open
- Brokerage Invoice-cum-Commission Acknowledgement (Commercial Lease)A commercial-leasing broker in Punjab or Chandigarh, billing the landlord or the tenant — whichever owes the fee under the brokerage agreement — for commission earned on one completed lease. Names the premises and the Lease Deed or Lease Agreement it relates to, states the commission basis, and once the fee is paid doubles as the signed acknowledgement of the paying party that the amount is received and the mandate of the Broker for that Lease is discharged. A broker registered for goods and services tax issues it as a tax invoice; the place of supply is where the Premises are — Punjab charges central tax plus state tax, Chandigarh charges central tax plus Union territory tax. It does not replace the brokerage agreement that fixes the fee in the first place.₹99Open
- Built-to-Suit Lease AgreementA registered lease of commercial premises in Punjab or Chandigarh where the landlord or a developer builds or fits out the premises to the tenant's own specification before handover, in exchange for the tenant committing to the lease for a fixed term — a Mohali IT City or Sector 66 office floor built to a tenant's own layout and power load, a big-box retail unit on the Ludhiana or Zirakpur highway belt, a purpose-built warehouse or cold store in an Industrial Area, a bank branch or quick-service restaurant built to the brand's own specification, or a data centre shell built to a tenant's cooling and power requirement. Fixes the agreed specifications and scope of construction, a target completion date and what a missed one costs the Lessor, milestone inspections during construction, who bears a cost overrun, rent/escalation, the annual average rent stamp duty is based on, deposit/deductions, the committed term and lock-in, notice, use, repairs, insurance, assignment, reinstatement. For exclusive possession, year-to-year, over a year, or at yearly rent (s.107 TPA; s.17(1)(d) Registration Act) — the same registration threshold as any other commercial lease, and a built-to-suit deal almost always clears it, because a landlord does not commit to building something to a tenant's specification for an eleven-month tenancy. Punjab: Sub-Registrar of the tehsil, via igrpunjab.gov.in. Chandigarh: Sub-Registrar, 30 Bays Building, via revenue.chd.gov.in. Two points run opposite ways, exactly as for any other commercial lease in these two places. Chandigarh is rent-controlled whatever the rent (East Punjab Urban Rent Restriction Act 1949 via the 1974 Extension Act — Vasu Dev Singh v. UoI, SC, 7 Nov 2006, quashed the Rs 1,500 exemption); expiry alone doesn't recover possession, needing a s.13 ground before the Rent Controller. A 6 May 2026 MHA notification tried extending a different statute; the High Court kept it in abeyance (29 May 2026) — confirm before signing. Punjab runs the other way for non-residential premises let on/after 30 Nov 2013: s.3(2), Punjab Rent Act 1995 lets contract terms govern, bars other-law litigation, penalises breach. A built-to-suit building is, by definition, being constructed now, so s.3(1)(c) of that Act very often keeps the letting outside the Act altogether for fifteen years from completion — see the Applicable Rent Law clause and the Construction Delay clause, which together fix what "completion" means for that purpose. UNSETTLED s.4 QUESTION: s.4(1)-(2) requires a covered letting to use the Schedule I Form, registered at flat Rs 1,000, notwithstanding the Registration Act — arguably the right instrument here, not this deed's ad valorem duty; whether Article 35 duty even applies to a Schedule I agreement is unresolved. Settle with the Sub-Registrar first. Three exits avoid the question, and the first is the one a built-to-suit deal reaches for most often: s.3(1)(c) (building completed on/after 30.11.2013, under 15 years old — true of almost every building this deed produces), s.3(1)(f) (unconveyed authority allotment), s.1(2)/s.2(o) (outside notified urban areas). Not for: a fit-out-only arrangement where the tenant does its own construction inside a landlord's existing shell — use the Fit-Out Agreement or the ordinary Commercial Lease Deed instead; a bare-shell letting with no construction commitment from the landlord at all — use the Commercial Lease Deed; residential letting; a coworking seat/managed office (no interest passes); a kiosk/hoarding licence (no exclusive possession); agricultural land; a franchise; or a letting by GMADA/GLADA/PUDA/Estate Officer/CHB itself. This deed also assumes the Lessor bears the construction obligation and cost, in exchange for the Lessee's committed term; where the tenant is instead funding or itself carrying out the construction, the risk allocation is reversed and this is not that document. A year or less at no yearly rent isn't compulsory under s.17(1)(d), but that combination is rare here: eleven months saves nothing in Chandigarh (no sub-one-year band) or Punjab where the Rent Act applies (s.4(2) applies whatever the term), and no developer builds to a tenant's specification for eleven months in any event.₹1,499Open
- Commercial Lease Deed (Pattanama)A registered lease of commercial premises in Punjab or Chandigarh, over one year — Mohali IT City/Sector 66, Ludhiana industrial belt, a GT Road godown, a Chandigarh SCO, or Industrial Area Phase I/II. Fixes rent/escalation, the annual average rent stamp duty is based on, deposit/deductions, lock-in, notice, use, repairs, insurance, assignment, reinstatement. For exclusive possession, year-to-year, over a year, or at yearly rent (s.107 TPA; s.17(1)(d) Registration Act). Punjab: Sub-Registrar of the tehsil, via igrpunjab.gov.in. Chandigarh: Sub-Registrar, 30 Bays Building, via revenue.chd.gov.in. Two points run opposite ways. Chandigarh is rent-controlled whatever the rent (East Punjab Urban Rent Restriction Act 1949 via the 1974 Extension Act — Vasu Dev Singh v. UoI, SC, 7 Nov 2006, quashed the Rs 1,500 exemption); expiry alone doesn't recover possession, needing a s.13 ground before the Rent Controller. A 6 May 2026 MHA notification tried extending a different statute; the High Court kept it in abeyance (29 May 2026) — confirm before signing. Punjab runs the other way for non-residential premises let on/after 30 Nov 2013: s.3(2), Punjab Rent Act 1995 lets contract terms govern, bars other-law litigation, penalises breach. UNSETTLED s.4 QUESTION: s.4(1)-(2) requires a covered letting to use the Schedule I Form, registered at flat Rs 1,000, notwithstanding the Registration Act — arguably the right instrument here, not this deed's ad valorem duty; whether Article 35 duty even applies to a Schedule I agreement is unresolved. Settle with the Sub-Registrar first. Three exits avoid the question: s.3(1)(c) (building completed on/after 30.11.2013, under 15 years old), s.3(1)(f) (unconveyed authority allotment), s.1(2)/s.2(o) (outside notified urban areas). Not for: residential letting; a coworking seat/managed office (no interest passes); a kiosk/hoarding licence (no exclusive possession); agricultural land; bare land for the tenant to build; a franchise; or a letting by GMADA/GLADA/PUDA/Estate Officer/CHB itself. A year or less at no yearly rent isn't compulsory under s.17(1)(d) — but eleven months saves nothing in Chandigarh (no sub-one-year band) or Punjab where the Rent Act applies (s.4(2) applies whatever the term). No lock-in: either party may terminate on notice from day one.₹1,499Open
- Coworking Seat or Cabin AgreementA monthly-fee seat, desk, cabin or office in a managed centre — a s.52 Easements Act licence: operator keeps possession, member gets relocatable-space use, no interest passes. Capped at eleven months, renewing monthly. Not for a self-contained exclusive unit (a lease in substance); a whole floor, retail or industrial space, anything residential, or over eleven months; or the registered-office NOC.₹1,499Open
- Expression of Interest from Corporate TenantA prospective corporate tenant has found premises it is seriously interested in — an office floor, a coworking suite, a corporate address in a business park — and wants to put that interest in writing before any term sheet or lease is negotiated: who is asking, the premises, the approximate area and use, an indicative budget and timeline, and a request for floor plans, pricing and current availability. It is deliberately light — no rent, deposit or lock-in is agreed here, and it creates no obligation on the tenant to lease or on the recipient to let. Send it to whoever controls the premises — the owner, the developer marketing the project, or a broker acting for either — as the first written step, well before the lease itself. The lease that eventually follows is a separate instrument: one for more than a year needs registration under s.107 of the Transfer of Property Act, 1882 and s.17(1)(d) of the Registration Act, 1908, and this letter neither creates that lease nor is a step that can be skipped by relying on it. Not for a residential letting, and not once the parties have actually agreed commercial terms — at that point a term sheet or letter of intent recording the agreed figures is the more honest document, because this one is written to record interest, not agreement.₹99Open
- Office Leave and Licence AgreementFor a business taking office space — cabin, suite, coworking, part of a floor — where the owner grants occupancy permission rather than an interest. A s.52 Easements Act licence leaving possession with the licensor. Substance decides it: a lockable, entry-controlled space the licensor never enters reads as a lease however titled. Drafted as a genuine licence: named area, unrestricted access, no exclusive possession. Not for residential premises; retail/showroom space; warehousing/industrial units; a long secured term or mortgageable space; occupiers needing genuine exclusive possession (need a registered lease); or virtual-office arrangements with no space licensed.₹1,499Open
- Letter of Intent / Term Sheet for Office LeaseA short paper recording what a prospective office tenant and a landlord have agreed in principle — the premises, the proposed rent, deposit, escalation, lock-in and term — before either side spends on lawyers drafting the full lease deed. Used after a site visit and a round of negotiation, once the broad numbers are settled, and before the lease deed itself is drawn. It is deliberately not the lease. The commercial terms it records — the proposed area, rent, escalation, deposit, fit-out period, lock-in and target term — do not bind either Party, and clause 8 of this Term Sheet says so in terms: nobody may sue the other for walking away from these numbers, and nothing here can be read as a promise to grant, or an agreement to accept, occupation of the Premises. What does bind the Parties from the day both sign — whether or not a lease deed follows at all — are three narrower promises: to keep the negotiation confidential, to give the Prospective Tenant a stated window free of competing offers if the Parties want one, and to settle who pays for due diligence and for drafting if the deal falls through. For premises in Punjab or Chandigarh where a full lease deed is intended to follow — Mohali IT City, a Chandigarh SCO or business tower, a Ludhiana office floor. Because it grants no interest in the Premises, it needs no stamp paper for the lease itself and no presentation to a Sub-Registrar; clause 10 deals honestly with the separate, much smaller question of whether the confidentiality, exclusivity and cost clauses are themselves a stampable agreement. Not for: a document either side actually wants to be able to enforce as a lease — use the lease deed itself, drafted early if the numbers are already firm; a coworking seat or managed office booking, which is a service and not a lease at all; an exclusivity or standstill arrangement with nothing yet agreed on rent or area, which reads more naturally as a short exclusivity letter on its own; or a residential letting, which has its own letter of intent in this library. Sign it, use the Exclusivity Period (if any) to finish diligence and negotiate the lease deed, and let this Term Sheet lapse into clause 8.4 the day the lease deed itself is signed.₹99Open
- Site Visit and Non-Circumvention UndertakingA broker is about to show a prospective tenant or buyer a specific commercial property and wants two things on record before the door is unlocked: that the visit happened, and that the visitor will not go around the broker afterwards. Signed by the visitor at or immediately before the visit. Fixes the premises being shown, the date of the visit, a Protection Period during which approaching the landlord or developer directly — or through another broker — to complete a deal on that same property makes the broker's ordinary commission payable, and what counts as going around the broker. Not a non-compete. The visitor stays free to deal with anyone, including the owner, at any time. It only makes a direct deal on THIS property within the Protection Period trigger the same commission the broker would have earned by completing it. A blanket promise not to deal at all risks being void under s.27, Indian Contract Act, 1872, so this is written to avoid that. Not for an ongoing broker-client relationship with no property fixed yet — use the Commission Protection and Non-Circumvention Letter for that. This one is for the moment a specific property is about to be shown, and it records the visit itself as well as the promise.₹399Open
- Sub-Lease / Sub-Licence Agreement (Commercial Premises)An existing commercial tenant in Punjab or Chandigarh — holding an office, shop, showroom, godown or industrial shed under its own lease — wants to let the whole or part of that space on to a further occupant, for a term that fits within what remains of its own lease. One document covers office, retail and warehouse premises alike, through a question on the type of premises and the shell condition handed over, rather than three separate forms for the same transaction. It covers both structures Indian law treats as genuinely different things, and makes you pick one rather than blurring them: a SUB-LEASE, which hands the occupant exclusive possession and a registrable interest in the land, and a LEAVE AND LICENCE, which gives only a personal permission to use the space and creates no interest at all. The choice changes whether the deed is compulsorily registrable, how the occupant can be made to leave, and what a court will actually find if the label and the facts on the ground disagree. Needs the Head Landlord's consent on record before it is signed, not assumed after: sub-letting without the head landlord's consent is very often itself a breach that puts the Sub-Lessor's own lease at risk, so this deed requires the consent, its date and who gave it to be stated, and requires a copy to be annexed. It also needs a shorter term than the Sub-Lessor's own remaining term — a sub-lease or sub-licence cannot outlive the lease it is carved out of — and this deed checks the two dates against each other rather than trusting the Term field alone. For a sub-lease creating exclusive possession, year-to-year, over a year, or at yearly rent: s.107 TPA; s.17(1)(d) Registration Act, exactly as for a head lease. Punjab: Sub-Registrar of the tehsil, via igrpunjab.gov.in. Chandigarh: Sub-Registrar, 30 Bays Building, via revenue.chd.gov.in. A leave and licence does not carry that compulsory-registration consequence, because no interest passes — see the Nature of this Deed clause and the Stamp Duty and Registration clause for what follows from each. Chandigarh is rent-controlled whatever the rent where a tenancy is created (East Punjab Urban Rent Restriction Act 1949 via the 1974 Extension Act — Vasu Dev Singh v. UoI, SC, 7 Nov 2006); a lawfully-created sub-tenancy there can attract the same protection as a direct tenancy, which is a reason of its own to think hard about the licence structure. Punjab runs the other way for non-residential premises let on/after 30 Nov 2013: s.3(2), Punjab Rent Act 1995 lets contract terms govern. Not for: a fresh letting directly from the property's owner (use the Commercial Lease Deed); a coworking seat or a desk licence with no defined, exclusive area; a residential sub-letting; bare land with no building; or a sub-letting the head lease forbids outright — no wording in this deed cures a head lease that does not permit it, and the Consent clause exists precisely so that question is answered before the deed is engrossed, not after.₹1,499Open
- Token / Booking Receipt for Commercial SpaceA landlord or developer has agreed, in principle, to hold a specific office, shop, showroom or other commercial unit off the market for a prospective business tenant, and the tenant has paid a token or booking amount to secure that hold while a term sheet and then a registered Lease Deed or Rent Agreement are worked out. Use this receipt to record exactly what was received, for which premises, for how long the hold runs, and — the two questions a booking dispute actually turns on — what happens to the money if the lease goes ahead, and what happens to it if either side does not proceed. This is a short, narrow document. It is not the term sheet and it is not the Lease Documents: it does not fix the rent, the term or any other condition of the tenancy, and it gives the Prospective Tenant no possession of, or access to, the Premises. If those things are already settled and both sides are ready to sign, draft the Lease Documents instead of this receipt. Do not use it for a residential letting — a landlord letting out a flat or house has its own receipts for an advance or a security deposit. Do not use it where money is changing hands toward buying the Premises rather than leasing them — that is a token or earnest money receipt for a purchase, a different transaction with different tax and stamp consequences. And do not use it once the Prospective Tenant has been let into the Premises, even only to measure up or begin a fit-out: the moment possession passes, a rent figure and a term are effectively being fixed by conduct, and this receipt is the wrong document for what has actually happened — a Lease Deed or Rent Agreement, properly stamped and, where the term or the rent requires it, registered, is what the transaction now needs.₹99Open
Shops, showrooms and retail
- Revenue Share Lease for RetailA registered lease of retail or food-and-beverage premises in Punjab or Chandigarh where rent is wholly or partly a share of the Lessee's sales — a mall unit in Mohali or Zirakpur, a food court counter, a high-street showroom in Chandigarh, or an anchor store in a Ludhiana or Amritsar shopping centre. Fixes the rent structure — pure revenue share, Base Rent plus a threshold, or a Minimum Guarantee reconciled against turnover — the revenue-share percentage, what counts as Gross Sales, monthly reporting, the Lessor's audit right, deposit, GST, TDS, lock-in and notice. For exclusive possession, year-to-year, over a year, or at yearly rent (s.107 TPA; s.17(1)(d) Registration Act). Punjab: Sub-Registrar of the tehsil, via igrpunjab.gov.in. Chandigarh: Sub-Registrar, 30 Bays Building, via revenue.chd.gov.in. Two points run opposite ways, as for any commercial lease in these two places. Chandigarh is rent-controlled whatever the rent (East Punjab Urban Rent Restriction Act 1949 via the 1974 Extension Act — Vasu Dev Singh v. Union of India, Supreme Court, 7 November 2006, quashed the exemption notification); expiry alone does not recover possession, a s.13 ground before the Rent Controller is still needed. Punjab runs the other way for non-residential premises let on or after 30 November 2013: s.3(2), Punjab Rent Act 1995 lets contract terms govern. STAMP DUTY ON A VARIABLE RENT IS A REAL PRACTICAL QUESTION THIS DEED FLAGS RATHER THAN INVENTS AN ANSWER FOR. Both jurisdictions duty a lease on its annual average rent, and a rent that is wholly or partly a share of sales has no such figure until the Term has run. This deed asks the Parties to record an agreed annual figure to stamp against — the Minimum Guarantee where the Rent Structure has one, or a bona fide notional figure they record where it does not — and clause 3 says so; confirm the acceptable basis with the Sub-Registrar before the stamp is bought. Not for: an office, warehouse or industrial letting at a fixed rent (the Commercial Lease Deed covers that); a kiosk or a shop-in-shop concession where no exclusive possession passes, which is a licence and not a lease; a coworking seat; agricultural or bare land; or a letting by GMADA, GLADA, PUDA, an Estate Officer or the Chandigarh Housing Board itself. No lock-in unless the Parties fix one below: either Party may otherwise terminate on notice from day one.₹1,499Open
- Shop, Showroom or Booth Rent Agreement (Dukaan Kiraya Nama)For a shop, showroom, SCO, SCF or booth in Punjab or Chandigarh let to trade from. Creates a lease (s.105 TPA); covers trading hours, signage, turnover rent, CAM, fit-out, lock-in, reinstatement, holding over; allocates S&CE registration, trade licence, fire duties. Decide the regime first (Clause 2.1). Punjab: s.3(2), Rent Act 1995 lets contract terms govern non-residential premises — no other-law litigation, tenant breach means double rent plus dispossession, landlord breach forfeits rent. Chandigarh: the 1949 Act (via 1974 Extension Act) applies to every tenanted building whatever the rent (Rs 1,500 exemption quashed, Vasu Dev Singh v. UoI, SC 2006) — possession needs a s.13 ground; contracting out is worthless. OFTEN-MISSED PUNJAB QUESTION: s.3(1)(c) exempts only buildings constructed on/after 30 Nov 2013, for 15 years from completion — not any new building. A 2012-built shop let in 2026 is NOT exempt; one from 2019 IS until 2034 (ordinary civil suit instead, ss.105-117 TPA). Clause 2.1's fourth option covers this — give the completion date, keep the certificate. A Chandigarh SCO/SCF/booth adds: site held under the 1952 Act; r.9, Estate Rules 2007 confines it to permitted trade; r.10 lets the Estate Officer levy Rs. 500/sq ft/month misuse charge jointly on allottee and occupier; r.1(ii) applies only to post-7 Nov 2007 allotments. Two counters: Sub-Registrar for the deed, Estate Officer for trade. Dated Chandigarh warning: a 6 May 2026 notification tried extending a different statute; High Court kept it in abeyance 29 May 2026 — confirm current position. Not for: a real licence in substance (kiosk/shop-in-shop, no exclusive possession); residential/warehouse/factory/office/franchise/bare land; a pre-30 Nov 2013 Punjab tenancy (still 1949 Act, s.76(2)); a panchayat-area shop unless picking Clause 2.1's second option; or a landlord holding only an unconveyed allotment without reading its conditions. Not for a composite Shop-cum-Flat as one instrument — s.3(2) covers only non-residential; s.2(l) treats an SCF as two premises; this template covers the shop portion only. Drafted near the middle, tenant tilt on repairs/late-refund interest/mutual lock-in. Key choice: whether either party may end early on notice — an early-exit right makes the term a ceiling, risking the tenant's fit-out.₹1,499Open
Warehousing and industrial premises
Fit-out, signage and possession
- Car Parking Allotment Letter (Commercial Premises)A landlord, developer or building/facility management team in Punjab or Chandigarh has agreed to give a commercial tenant — already on, or about to sign, a Lease Deed or Rent Agreement for an office, shop, showroom, warehouse or industrial unit — the use of a stated number of car parking spaces in the building or complex, and wants that allotment recorded in writing: how many spaces, whether they are specific numbered spaces or general spaces in a shared zone, any extra charge for them beyond the rent, what, if anything, is available for the tenant's visitors, and that the right to use them runs with the Lease and ends when the Lease ends. Typical uses: a Mohali IT Park or Sector 66 office building allotting basement slots to each floor's tenant; a Chandigarh SCO or Industrial Area unit with a handful of forecourt spaces to divide among occupants; a Ludhiana or Zirakpur mall or business park issuing numbered or zone-based parking passes to its retail and office tenants. This is a short allotment letter, not the Lease itself: it does not fix the rent, the term or any other condition of the tenancy, and it does not by itself create a lease, sub-lease or other interest in the parking area — see clause 7. If the parking terms are still being negotiated as part of the wider deal, or the Lease already deals with parking in full, use the Lease Deed instead of, or as well as, this letter; this template is for recording or varying the parking allotment on its own, most often after the Lease has already been signed, or as a side letter signed together with it. Not for a residential flat or house — a housing society or RWA allotting parking to a resident-member has its own Parking Allotment Letter. Not for parking sold or conveyed as a separately titled unit with its own sale deed — that is a sale, not an allotment under a lease. And not once a dispute over parking has already reached a notice or a claim for damages — those need a notice or a plaint, not an allotment letter.₹99Open
- Fit-Out Agreement and Landlord's Consent to WorksA tenant almost always must build out a leased space, and almost every lease bars alterations without landlord consent — this is that consent plus the fit-out terms: approved scope/drawings, window and rent-free status, contractor access, statutory approvals, insurance, security, and what happens to the fit-out at lease-end. Supplemental to an existing lease — sign that first if none exists. Not for residential premises; works adding floor area or altering structure (a development arrangement); a landlord-built fit-out recovered from the tenant (a works contract); or an unregistered Lease over a year — s.49 keeps it from evidence, risking a month-to-month tenancy (s.106) with no term for the fit-out spend to sit against. Register the Lease first. Leans landlord-side, with named tenant protections.₹1,499Open
- Fit-Out Period Letter (Rent-Free Period)A short letter, signed alongside or shortly after a commercial Lease Deed for premises in Punjab or Chandigarh, that records the fit-out period the Landlord has given the Tenant before Rent starts — the start and end dates, that Rent is not payable for that period, whether maintenance and utility charges are waived too, what the Tenant may do at the Premises during that period, and what happens to Rent if the Tenant has not finished by the end of it. Use it once the Lease Deed itself is signed (and, where registration is compulsory, registered) but is silent on the fit-out dates, or records them in less detail than the Parties now want on paper — a letter the Tenant's lender or finance team can rely on without reading the whole Lease Deed. Not a substitute for the Lease Deed itself, and not for a fit-out that needs contractor vetting, insurance, a fit-out security deposit or a decision on who owns the fit-out at the end of the term — the Fit-Out Agreement and Landlord's Consent to Works is the document for that; this Letter is only the rent-free period, standing alone. Two points specific to Punjab and Chandigarh worth reading before this Letter is relied on. In Chandigarh, the East Punjab Urban Rent Restriction Act, 1949 applies to every tenanted building whatever the rent (Vasu Dev Singh v. Union of India, Supreme Court of India, 7 November 2006) — a Rent Controller petition still needs a Section 13 ground to recover possession after the Fit-Out Period, and nothing in this Letter changes that. In Punjab, a non-residential letting made on or after 30 November 2013 is ordinarily governed by contract under Section 3(2) of the Punjab Rent Act, 1995 — but where the Lease Deed itself went through the Section 4(2) Schedule I Form route, whether a later letter varying the rent-free period needs the same route is unsettled; see the formality note below. Not for a residential tenancy, for a letting where no Lease Deed yet exists (sign that first), or for a fit-out that alters the Premises' structure or the Building's core systems — record the Landlord's consent to those Works, and the terms on which the Tenant's fit-out is treated at lease-end, in a fuller fit-out agreement instead.₹399Open
- Commercial Handover and Possession Memo with Snag ListAt the moment commercial premises in Punjab or Chandigarh actually change hands — a shop, showroom, office floor, godown or industrial shed being handed from the Landlord to the Tenant under a Lease, Agreement to Lease or Letter of Intent the Parties have already signed. Signed by both Parties on the day of physical handover, at or immediately after the joint inspection. Records, on the spot, while both Parties are looking at the same Premises: the date and fact of handover; what that date fixes under the Lease — the Commencement Date, a fit-out-only possession, or neither; the condition of the Premises — bare shell, warm shell, or fitted and ready for occupation — with the specifics that make that description mean something later; the electricity and water meter readings; the keys and access devices handed over; and a snag list of defects or incomplete items the Landlord agrees to rectify, with a Rectification Period and a stated remedy if that period passes without the work being done. Complements the joint inspection record a Lease already provides for — a registered Commercial Lease Deed asks for one under its own Schedule II at the Commencement Date — for a handover that needs its own signed paper: where the joint inspection was recorded only in outline, where possession happens later than execution, or where no Lease deed of that kind was used at all. One document instead of preparing a bare possession certificate and a separate snag list. Not the Lease itself: it grants no interest in the Premises, fixes no rent and creates no tenancy — it assumes a Lease already exists and records the physical facts of taking possession under it. Not a certificate of title, and not a waiver of any claim the Tenant has not expressly settled here. Where no Lease has yet been signed, use the Commercial Lease Deed or a Letter of Intent first.₹399Open
- Landlord's NOC for GST or Company Registration at the PremisesAn owner's no-objection letting a business register the address as its GST place of business or Companies/LLP Act registered office — asked for whenever the applicant doesn't own the address, travelling with title proof and a recent utility bill/tax receipt. For non-residential premises and a corporate/firm applicant, including a not-yet-incorporated company/LLP (promoters sign personally until it adopts the obligations). Not for a home address; not the document that lets the occupier in (creates no tenancy); not where the signer isn't the full owner without a lawyer. Leans owner-side: no-tenancy/auto-expiry/indemnity clauses are his; tenant gets no mid-term withdrawal, a renewal-carry option (or fresh-NOC undertaking), and post-forwarding.₹99Open
- Signage Rights LetterA short letter recording the Landlord's permission for a commercial Tenant to install and maintain signage identifying its business at the Premises — a shop-front board, an entry on the building's tenant directory, or a monument sign at the entrance — alongside an existing or simultaneously executed lease, rent agreement or leave and licence. Used once the broad tenancy terms are settled, so the signage design, size, maintenance and removal obligations are recorded in one place rather than left to a verbal understanding or a single throwaway line in the tenancy document. It is a licence, not a lease. This Letter gives the Tenant permission to do something at the Premises that would otherwise not be lawful for it to do — display a sign — and nothing more: no exclusive possession of the wall, facade or signage zone passes, and clause 9 says so in terms. That is also why it needs no stamp paper of the kind a lease needs and no presentation to a Sub-Registrar; clause 10 deals honestly with the separate, much smaller question of whether this Letter is itself a stampable agreement. For a shop, showroom, office or industrial unit in Punjab or Chandigarh where the Tenant wants a sign, board, directory entry or monument sign, and the tenancy document is silent on it or deals with it only in passing. Not for: a hoarding or advertisement site let out as a standalone commercial activity in its own right, unconnected with any tenancy — that is an advertisement site licence, not this Letter; a name change or logo update to signage already approved, which a short consent letter can cover without redoing this whole Letter; or a case where the lease deed itself already contains a full, adequate signage clause — use that instead of layering a second, possibly inconsistent document over it. Have the Tenant submit its design under clause 2 before fabrication begins, keep a copy of every municipal permission taken out under clause 5, and let this Letter run alongside the Tenancy until either the Tenancy ends or the Signage comes down, whichever happens first.₹399Open
- Tenant Improvement Cost-Sharing AgreementA separate, binding promise from the Landlord to put money into the Tenant's fit-out, over and above any rent-free period — the Tenant Improvement Allowance that larger office, retail and industrial deals in Mohali IT City, a Chandigarh business tower or a Ludhiana industrial shed are increasingly negotiated with, and which a rent-free fit-out clause in the Lease does not itself pay for. Records the amount or the per-square-foot basis of the Allowance, what costs qualify against it, how and when the Landlord pays, releases or credits it, what happens to any part the Tenant does not use, and — the point a landlord's counsel asks about first — whether the Tenant has to give any of it back if it leaves before the Lease term is up. Supplemental to an existing Lease of the Premises in Punjab or Chandigarh, and, where the Works need the Landlord's consent, to a separate Fit-Out Agreement or to consent recorded in the Lease itself — clause 1.3 of this Agreement asks which of those governs the Works and does not attempt to grant that consent itself. Sign the Lease, and the Fit-Out Agreement if there is to be one, first or alongside this Agreement; this Agreement adds nothing to either about the scope of the Works, contractor approval or working hours. Not for: a rent-free fit-out period with no landlord contribution beyond the waived rent — record that in the Lease or in a Fit-Out Agreement instead; a landlord-built turnkey fit-out the Landlord recovers from the Tenant as amortised rent from the start of the Lease, which is a term of the Lease itself rather than a separate allowance; a residential letting; or premises outside Punjab and Chandigarh.₹399Open
Renewal, lock-in and exit
- Agreement to Sell – Tenanted Commercial PropertyUse this when a commercial property in Punjab or in the Union Territory of Chandigarh — a shop, an SCO, a showroom, an office floor, a warehouse or an industrial unit — already has a tenant in occupation under a live lease, and the owner is selling it to a buyer who will take the property WITH that tenant rather than empty. The Buyer does not get vacant possession at completion: the Tenant stays exactly where it is, the rent keeps being paid, and what changes hands is the landlord's reversion — the right to receive the rent, hold the security deposit and enforce the lease going forward. Section 109 of the Transfer of Property Act, 1882 is what carries the Buyer into the landlord's position automatically on completion; this agreement fixes the price, the payment schedule and the Seller's title promises, and it also fixes the specific things that have to happen to the tenancy itself before and at completion, which an ordinary agreement to sell says nothing about. This is not the same document as a sale with vacant possession. If the property is empty, or the Seller is going to get the tenant out before handover, this is the wrong template — use the platform's Agreement to Sell or its Agreement to Sell With Possession instead. Use this one only where the parties intend the tenancy to continue after the sale. It is written to work alongside four other documents rather than repeat them: a Tenant Estoppel Certificate (the Tenant's own written confirmation of the lease facts, so the Buyer is not surprised later by a side letter or an oral variation nobody mentioned), a Tenant Attornment Letter (the Tenant's acknowledgment that the Buyer is now its landlord and that rent is now payable to the Buyer), a Rent Assignment Letter to New Buyer (the mechanics of redirecting rent and apportioning the month of completion) and a Security Deposit Transfer Letter (how the deposit the Tenant already paid moves across so the Tenant is not left chasing a Seller who no longer owns the property). This agreement creates the Seller's obligation to procure and facilitate those four papers by completion. It does not draft their contents — each is its own document on this platform, and naming them here is a cross-reference, not a substitute. Punjab and Chandigarh behave differently once a tenant is in the picture, and a Buyer who is about to become a landlord needs to know which rules it is inheriting. In Chandigarh the tenancy is rent-controlled whatever the rent is, under the East Punjab Urban Rent Restriction Act, 1949 as extended to Chandigarh — the Supreme Court's decision in Vasu Dev Singh v Union of India removed an earlier rent-based exemption from that Act, so a high-rent commercial tenancy is caught along with every other one — and a Buyer cannot simply give notice and expect the Tenant to leave; eviction still needs a ground recognised by that Act, argued before the Rent Controller. In Punjab, a non-residential letting made on or after 30 November 2013 is instead governed by Section 3(2) of the Punjab Rent Act, 1995, under which the terms the parties actually wrote into the Lease generally govern and litigation under the general rent law is barred — so what the Buyer inherits in Punjab depends heavily on reading the Lease itself, which is exactly the document Clause 5 of this agreement makes the Seller particularise before the Buyer commits. WHEN NOT TO USE THIS. Not for a residential tenancy — this is a commercial-premises document only. Not where the property is vacant or will be vacated before handover. Not where the occupant is really a licensee with no exclusive possession — a coworking seat, a bare hoarding licence or a kiosk arrangement needs none of this machinery, and the platform's other commercial documents cover those directly. Not where the Lease is itself about to expire before completion is due — this template assumes the tenancy will still be running when the sale completes. And not as a substitute for the Sale Deed: like every agreement to sell, this document fixes the bargain in writing, but Section 54 of the Transfer of Property Act, 1882 means it does not, of itself, transfer anything — only a registered Sale Deed does that, and this agreement says so in Clause 4.₹1,499Open
- Assignment of a Commercial LeaseAn existing commercial tenant in Punjab or Chandigarh — of an office, shop, showroom, godown or industrial shed — wants to transfer the whole of its remaining tenancy to another business, which then steps into its shoes for the rest of the term. Common on a business sale, a group restructuring, or a tenant that no longer needs the space finding a buyer for the lease itself. An ASSIGNMENT is not a SUB-LEASE. A sub-lease creates a further, subordinate tenancy while the existing tenant stays the tenant of the original lease throughout — use the Sub-Lease / Sub-Licence Agreement (Commercial Premises) template for that. This Deed instead transfers the Assignor's ENTIRE interest as tenant to the Assignee, who becomes the tenant for all purposes; the Assignor drops out of the tenancy from the Effective Date, subject only to whatever continuing liability the Assignor's Continuing Liability clause fixes. Needs the Landlord's consent on record, not assumed: most commercial leases prohibit assignment without the landlord's prior written consent, and assigning in breach of that condition is itself a default that can cost the Assignor the lease before the Assignee ever takes the benefit of it. This Deed accordingly makes the Landlord a party — it does not merely recite that consent was obtained elsewhere. Two questions this Deed forces a real answer to, because most assignments get them wrong by not asking: whether the Assignor is released once it has assigned away, or stays on the hook for what the Assignee later does — Indian law's default is that the Assignor stays liable by privity of contract unless the Landlord expressly releases it, which surprises most Assignors who assume leaving the premises means leaving the lease. And what happens to the existing security deposit — whether it passes to the Assignee's credit, or is refunded and a fresh one taken. For an assignment of a lease that was itself compulsorily registrable, this Deed is itself compulsorily registrable, independently of the lease's own term, under s.17(1)(b) of the Registration Act, 1908. It is stamped as a CONVEYANCE, not as a lease: an assignment transfers an existing interest rather than granting a new one, so the rent-based lease duty bands do not apply and the ad valorem conveyance rate does instead — see the Stamp Duty and Registration clause. Not for: a fresh letting directly from the owner (use the Commercial Lease Deed); a sub-lease that leaves the existing tenant still liable on the head lease (use the Sub-Lease / Sub-Licence Agreement); a mere change of name or corporate form of the same tenant with no new occupant; or a surrender of the lease back to the landlord with no incoming tenant (use the Lease Termination and Surrender template).₹1,499Open
- Rent Escalation or Variation Addendum (Commercial Lease)A short deed changing rent under a running lease, leaving everything else in place — a contractual escalation, mid-term renegotiation, or temporary abatement. Recites the lease, old/new rent, effective date, backdated arrears, GST/TDS, deposit, next-escalation formula; confirms term/lock-in/notice untouched. Not for an expired lease (a holding-over tenant engages s.116 TPA — use a new/renewal lease); changing the term/area/lock-in/use/parties; a rent-controlled residential tenancy; or a leave and licence (substance decides: s.105 lease = exclusive possession/interest; s.52 Easements Act licence = bare permission — regardless of heading). Maharashtra: a leave and licence is compulsorily registrable (s.55) and stamped under Article 36A, not 36. Balanced but leans tenant-side: no interest on backdated arrears, no deposit top-up unless entered, input-credit indemnity — landlords routinely strike these.₹1,499Open
- Addendum to Lease (Change of Area or Rent)A short deed amending an existing, already-executed commercial lease of premises in Punjab or Chandigarh — to record the Lessee taking additional space adjoining the Premises, the Lessee surrendering part of the Premises back to the Lessor, and/or a freshly negotiated rent figure that is not the Lease's own scheduled escalation clause firing. Recites the Lease, the Premises as let and as varied, the new area and/or rent, the effective date, GST and TDS on a revised rent, and confirms the term, lock-in, notice, permitted use and every other term of the Lease continue unchanged. Not for a scheduled percentage escalation the Lease already provides for, a temporary rent abatement, backdated arrears, or a variation that needs a guarantor's joinder built in — the Rent Escalation or Variation Addendum is drafted for those and this Addendum complements it rather than replacing it. Also not for an expired lease (a holding-over tenancy engages s.116 of the Transfer of Property Act, 1882 — take a fresh or renewal lease instead); a change so large in substance that it amounts to a fresh letting; a residential tenancy; or a coworking seat or managed-office licence, where no leasehold interest exists to vary. An increase in area or in rent is commonly charged to stamp duty as if it were a fresh lease of the increment for the unexpired residue of the Term, at the same banded rate the Lease itself paid on that residue; a reduction generally attracts only nominal or residuary duty. Neither the Punjab nor the Chandigarh stamp schedule carries an entry written specifically for a deed that only varies an existing lease, so the figure actually assessed on this Addendum is a matter of departmental practice rather than a published variation rate — settle it with the Sub-Registrar of the tehsil in Punjab, or the Sub-Registrar, U.T. Chandigarh at the 30 Bays Building, before execution, and see what a lawyer should check. Whether this Addendum itself needs registration follows the Lease it varies: a Lease compulsorily registrable under s.107 of the Transfer of Property Act, 1882 and s.17(1)(d) of the Registration Act, 1908 makes a deed varying its area or its rent registrable in the same way, and s.49 of that Act bars an unregistered variation from proving the new figure.₹399Open
- Deed of Renewal or Extension of LeaseFor an expiring commercial lease where both sides want the tenancy to continue — a renewal option, or a fresh term agreed. Recites the original lease, fixes new term/rent/escalation, whether the deposit carries forward, GST/TDS, what stays unchanged. Not for a lease already expired with the tenant holding over (s.116 TPA may have created a month-to-month tenancy — needs a fresh lease); a material change to premises/area/parties; residential occupation; or a leave and licence. Assumes the renewed term exceeds one year and will be registered. Lease vs licence: substance, not label — a lease transfers an interest (s.105 TPA); a licence is bare permission (s.52 Easements Act); if the occupier can lock the owner out, it's a lease. Close to balanced, leans lessor-side on deposit interest, default interest, mesne profits.₹1,499Open
- Lease Summary Sheet for Investors (Tenanted Commercial Property)A one-page fact sheet the Seller — or a broker acting for the Seller — prepares for a prospective buyer or investor who is looking at a tenanted commercial property in Punjab or in Chandigarh: a shop, an SCO, a showroom, an office floor, a warehouse or an industrial unit that already has a tenant in occupation and is being shown to the market with that tenant staying on. Before an investor spends time and money on a full due diligence exercise, they usually want the shape of the tenancy at a glance — who the tenant is, what it pays, how long is left on the lease, what it would cost to buy, and roughly what that buys in yield. This sheet is built to answer exactly that, in one page: tenant and trade, area, lease dates and the term remaining, current rent and its annual escalation, the security deposit held, the lock-in position, the CAM and other charges the tenant carries, any renewal option, and — where a purchase price is already on the table — an indicative gross rental yield. It is a summary and nothing more. It is not the Lease Deed or lease agreement it describes, and reading it is not a substitute for reading that document. It is not a Tenant Estoppel Certificate — the document the Tenant itself signs to confirm these same facts independently — and it does not do that document's job; where the parties are far enough along to want the Tenant's own confirmation, use that instead of, or as well as, this sheet. And it is not a binding representation, warranty or contract: nobody signs an acceptance of it, and putting a figure in one of its boxes does not create a legal promise beyond what the general law already makes a person answerable for when they hand over a written statement of fact. A buyer who treats this sheet as if it carried the weight of the Lease itself, or of a certificate the Tenant has actually signed, is taking on a real and avoidable risk. It sits early in the deal, ahead of an Agreement to Sell – Tenanted Commercial Property and ahead of instructing an advocate on a fuller title and tenancy due diligence exercise — the fast, cheap, first look at a tenanted property, not the last one a buyer should take before paying anything. Not for a residential tenancy, and not for a property that is vacant or being sold with vacant possession — this is a commercial, tenanted-property document only. Not a substitute for the Lease itself or for a Tenant Estoppel Certificate, however carefully it is filled in. And not the place for the Seller to make binding representations about the tenancy — a Seller willing to stand behind these facts contractually should do so in the representations clause of the Agreement to Sell itself, not by filling in a box on this sheet.₹99Open
- Deed of Surrender and Termination of LeaseA deed ending a commercial lease early by agreement, settling the money — for a registered/registrable lease still running, both sides wanting a clean exit. Records surrender date, rent/outgoings to date, deposit deductions/refund, reinstatement, lock-in compensation, mutual release. Not for a lease simply expiring (a handover memorandum suffices); a leave and licence; a residential agreement; a landlord terminating for default (needs a termination notice); a tenant passing space to a replacement (assignment/novation); or parties still disputing what's owed. Close to balanced: leans tenant-side on deposit, landlord-side on lock-in/overstay.₹1,499Open
- Lock-In Breach Compensation NoticeA landlord's written notice to a commercial tenant in Punjab or Chandigarh who has vacated, or given notice of intention to vacate, before the lock-in period in the lease has run its course — asserting the breach and demanding the compensation the lease itself provides for it: forfeiture of the security deposit, rent for the balance of the lock-in period, or a specified liquidated sum, whichever the lease's own lock-in clause names. Send it once the tenant has actually left, or has told the landlord in writing that it intends to, while the lock-in period the lease fixes has not yet expired. It does not seek possession — that is usually academic once the tenant is going or gone — and it does not itself establish that the amount claimed will be recovered in full: Section 74 of the Indian Contract Act, 1872 confines a claim of this kind to reasonable compensation, whatever figure the lease names, and a court can and does read the figure down where it bears no relationship to any real loss. Not for: a tenant leaving after the lock-in period has already ended, where no breach of it arises — use the lease's own termination or notice clause instead; a landlord's breach of a lock-in that binds the landlord; a tenant still in occupation and simply in arrears; or recovering possession from a tenant who will not leave.₹399Open
- Common Area Maintenance (CAM) Agreement (Commercial Premises)A separate agreement to run alongside an existing commercial lease in Punjab or Chandigarh, fixing what common area maintenance (CAM) covers, how the CAM charge is worked out, when it is paid, and who runs the maintenance — the Landlord itself or a named independent facility management company. Use it where the Lease Deed fixes the rent and the term but leaves CAM to be dealt with separately, or where CAM terms are being put in writing for the first time on an existing tenancy. This is an Agreement, not a Lease: it gives the Tenant no leasehold interest and no exclusive possession of the Common Areas, and it does not touch the rent or the term fixed by the Lease Deed. That is why it is stamped under Article 5(c) of Schedule I-A to the Indian Stamp Act, 1899 — the residuary "Agreement... if not otherwise provided for" article — at a fixed fee, rather than under Article 35 or Article 36 as a lease at a rent-linked rate. Not for: fixing the rent, the term, the security deposit or the permitted use of the Premises themselves — that belongs in the Lease Deed or in a Rent Escalation Addendum; a licence to a facility management company to operate a defined, exclusively-occupied space such as a food court kiosk, which is closer to a licence of that space itself and needs its own instrument; or a residential society's maintenance regime, which runs under its own bye-laws rather than a landlord-tenant contract.₹399Open
- Vacating and Final Settlement LetterFor a commercial tenant leaving at the end of, or before, a lease term in Punjab or Chandigarh: gives the Landlord the notice the Lease requires, and, once the figures are ready, closes the account in the same Letter — rent, CAM and utility arrears, any lock-in exposure, deposit deductions, and the net figure. A single choice near the top decides which job it is doing: send it as the notice alone, weeks before the numbers are final, or use it as the combined notice and settlement. Not for a landlord's own notice to the tenant; a lease still running that both sides want to end early by a mutual, registrable deed (use the Deed of Surrender and Termination of Lease instead); a deposit refund issued with no vacating notice behind it (use the Security Deposit Refund and Settlement Letter instead); or a residential tenancy.₹399Open
- Notice to Quit Commercial PremisesA landlord's written notice ending a commercial tenancy, requiring vacant possession by a date. Covers: a periodic tenancy under s.106 TPA; termination under an express lease clause; a fixed term expiring by efflux (s.111(a)); or forfeiture for breach with re-entry (s.111(g)). Not for a tenant serving notice; a leave and licence/coworking/franchise occupier; residential premises; an agreed exit (needs a surrender deed); or rent-controlled premises needing a statutory ground before the Rent Controller. Favours the landlord.₹99Open
- Rent Assignment Letter to New BuyerA short letter, signed as part of completing the sale of tenanted commercial premises in Punjab or Chandigarh, by which the outgoing landlord (the Seller) assigns to the new owner (the Buyer) the right to the Rent under the existing Lease — and deals, separately and explicitly, with the two points a sale of let-out property most often gets wrong: who is entitled to rent that had already accrued and was unpaid as of the date the sale takes effect (the Arrears), and how the rent instalment covering that very day is split between the outgoing and incoming landlord. Both points matter because the general law does not resolve them the way people assume. Section 109 of the Transfer of Property Act, 1882 carries the right to future Rent to the Buyer automatically on a transfer of the premises, in the absence of a contract to the contrary — but its own proviso keeps the Arrears with the Seller unless they are expressly assigned, and most sale paperwork never mentions them. This Letter's Arrears clause forces that choice onto paper instead of leaving it to be argued after completion, when the Tenant may already have paid the wrong person. The instalment apportionment does the same for the part-month the sale falls in, on the footing that rent accrues from day to day under Section 2 of the Apportionment Act, 1870. Use it alongside, not instead of, the rest of the paperwork for a sale of tenanted premises: the Agreement to Sell (Tenanted) or the Sale Deed that actually transfers the premises; the Tenant Attornment Letter that tells the Tenant to pay the Buyer from now on — clause 6 of this Letter is given effect by, and is to be read together with, that Attornment Letter, and does not by itself bind the Tenant; the Security Deposit Transfer Letter that deals with the deposit the Tenant already paid; and the Tenant Estoppel Certificate that records the Tenant's own confirmation of the state of the Lease. This Letter does none of those four things — it deals only with Rent. Two jurisdiction-specific points worth reading before this Letter is relied on. In Chandigarh, the East Punjab Urban Rent Restriction Act, 1949 protects the Tenant whatever the rent (Vasu Dev Singh v. Union of India, Supreme Court of India, 7 November 2006) and continues to do so after the sale; nothing in this Letter affects that protection or the forum in which the Tenant's own rights are enforced. In Punjab, a non-residential Lease made on or after 30 November 2013 is ordinarily governed by the terms the Lease itself fixes under Section 3(2) of the Punjab Rent Act, 1995 — this Letter assigns the landlord's side of those terms without altering them. Not for a residential tenancy, for a sale where the premises are vacant at completion (there is no Rent to assign), or for the sale itself — sign the Agreement to Sell or the Sale Deed for that. Not for the security deposit, which the Security Deposit Transfer Letter deals with, and not for telling the Tenant anything — the Attornment Letter does that.₹399Open
- Rental Yield Declaration by SellerUse this when a commercial property in Punjab or in the Union Territory of Chandigarh — a shop, an SCO, a showroom, an office floor, a warehouse or an industrial unit — is being sold, or marketed for sale, WITH a sitting tenant, and the price under discussion is being pitched by reference to the rent the Property earns. A Buyer paying for a rent roll is paying for a number, and the number is easy to overstate: quoting what the Lease provides for rather than what the Tenant has actually paid, staying quiet about a rent review or a lease expiry that is about to change it, or propping the figure up with a side arrangement or a temporary concession that will not survive the sale. This Declaration puts the Seller's name to the real figure instead — what the Tenant has actually paid over a stated recent period, how that compares with the Lease's own contracted rent, any change to that income the Seller already knows is coming, and an express statement that the figure has not been artificially inflated. Clause 7 attaches a warranty and an indemnity to it, so a Seller who signs it is taking on a real consequence for getting it wrong, not making a marketing claim. This is a signed declaration, not a neutral summary, and it is narrower than it might look. It states the rental income and nothing else: it does NOT calculate a yield percentage, a capitalisation rate or a valuation, and Clause 3.3 says so expressly — whatever yield the Buyer works out from these figures against the price on the table is the Buyer's own arithmetic. It also does not cover the Lease's other terms — its length, deposit, renewal or exit provisions — which belong on the platform's Lease Summary Sheet for Investors (Tenanted Commercial Property) where the parties use it, nor the Seller's title to the Property, which belongs on the platform's Seller Title Affidavit and Non-Encumbrance Affidavit, nor the security deposit, which the platform's Security Deposit Transfer Letter on Sale covers. Use this Declaration specifically for the rent figures a sale is being priced on, alongside whichever of those other documents the transaction actually needs — including, where the parties are using it, the platform's Agreement to Sell – Tenanted Commercial Property. It is the signed-and-warranted counterpart to the platform's Lease Summary Sheet for Investors (Tenanted Commercial Property) — that sheet is a broader, non-binding fact sheet the Seller or a broker can prepare, which says in terms that it creates no binding representation and that a Seller willing to stand behind its figures should do so elsewhere. This is that "elsewhere," narrowed to the one fact a yield-based asking price actually turns on: the rent. It is signed only by the Seller and addressed to a named Buyer, who is entitled to rely on it whether or not an Agreement to Sell has already been signed. Not for a residential tenancy. Not for a property that is vacant, or being sold with vacant possession — there is no rental income to declare. Not for a property let to more than one tenant, or under more than one lease — this Declaration assumes a single tenancy; where the Property has more than one, use a separate Declaration for each.₹399Open
- Security Deposit Refund and Settlement LetterThe letter closing the money at a commercial tenancy's end, issued after the tenant hands back the premises: records deposit held, itemised deductions, rent/CAM/utilities reconciliation, TDS/GST position, net figure, payment date. Tenant countersigns; payment brings mutual release. Leans tenant-side — deductions must be itemised/vouched, undisputed balance paid even while an item's disputed. Not for: a still-running lease to end early (needs a surrender deed); a tenant still in possession; a non-refundable-premium deposit; a pending suit/arbitration; or a residential letting under a rent-control statute.₹399Open
- Security Deposit Transfer Letter (Sale of Tenanted Premises)A landlord selling a commercial property in Punjab or in Chandigarh that is already let out — an SCO, a shop, an office floor, a godown — while the tenant stays in place, needs to settle what happens to the security deposit the tenant paid under the existing Lease. This Letter is the record, between the outgoing landlord ("the Seller") and the incoming landlord ("the Buyer"), of the exact deposit amount the Seller holds, how that amount is being dealt with on the sale — an actual cash transfer between them, an adjustment against the sale price, or the Buyer simply taking on the liability with no money moving between the Seller and the Buyer — and the Buyer's assumption, from Completion, of the obligation to account for that deposit to the Tenant at the end of the Lease. Use it at, or shortly before, Completion of the sale of a tenanted commercial property in Punjab or in the Union Territory of Chandigarh, alongside the Agreement to Sell or Sale Deed for the Premises. This Letter is narrow on purpose — it deals with the deposit alone. It does not restate the terms of the sale itself: use the Agreement to Sell or the Sale Deed for that. It does not itself notify or bind the Tenant: use the Tenant Attornment Letter for that — clause 5 says why. It does not deal with the ongoing rent or with the Tenant's own confirmations about the tenancy: use the Rent Assignment Letter and the Tenant Estoppel Certificate for those. And it is not the letter a landlord gives a tenant who is vacating at the end of a tenancy and being paid out — for that already-ending case, use the Security Deposit Refund and Settlement Letter instead. Not for: a residential tenancy; a sale where the Premises are being handed over vacant, the tenancy having already ended before or at Completion; a deposit secured wholly or partly by a bank guarantee, a fixed deposit lien or post-dated cheques rather than cash or its equivalent actually held by the Seller — adapt this Letter first, see lawyerShouldCheck; or a sale of the Seller's own leasehold interest as tenant, which is an assignment of the Lease and not a sale of the landlord's interest this Letter is written for.₹399Open
- Tenant Attornment Letter (Sale of Tenanted Commercial Property)A short letter for the moment a tenanted office, shop, showroom, warehouse or industrial unit in Punjab or Chandigarh is sold with the Tenant staying on: it tells the Tenant, in writing, that the property has changed hands, that the Outgoing Landlord (the Seller) is no longer its landlord, that the New Landlord (the Buyer) is, and from what date Rent and every other obligation under the existing Lease run to the New Landlord instead. Signed jointly by the Outgoing Landlord and the New Landlord and addressed to the Tenant, it changes nothing about the tenancy itself — the rent, the term, the permitted use and every other term of the Lease continue exactly as they were. Send it as soon as the sale completes, addressed to the Tenant at the Premises, and keep a signed copy with the Lease and the conveyance. It is the paper record of what section 109 of the Transfer of Property Act, 1882 already does by operation of law the moment the sale completes — the New Landlord steps into the Outgoing Landlord's shoes as landlord whether or not the Tenant is told — but a Tenant who is never told can go on safely paying the Outgoing Landlord, and this Letter is what actually stops that. Not for creating a tenancy, renewing one, or changing its rent, term or any other condition — a New Landlord who wants different terms needs a fresh agreement with the Tenant, not this Letter. Not for transferring the security deposit between the Outgoing Landlord and the New Landlord, or for recording Rent that fell due before the sale — those belong in their own documents. And not before the sale is actually complete: this Letter follows the conveyance, it does not substitute for it.₹99Open
- Tenant Estoppel Certificate (Sale of Tenanted Commercial Property)Use this when a commercial property in Punjab or in the Union Territory of Chandigarh — a shop, an SCO, a showroom, an office floor, a warehouse or an industrial unit — is being sold WITH a sitting tenant, and the Buyer or the Buyer's lender wants the Tenant's own written confirmation of the tenancy before completing the purchase. This is the one document in the platform's five-document "Pre-Leased Property Sale" group that the Tenant signs, rather than the Landlord or the Buyer: the Agreement to Sell (Tenanted Commercial Property), in its Clause 6, obligates the Seller to procure this Certificate from the Tenant by completion, and the Tenant Attornment Letter, the Rent Assignment Letter to New Buyer and the Security Deposit Transfer Letter — the other three documents in the group — are all promises or arrangements between the Landlord and the Buyer alone. This one is the Tenant's own word, given directly to the Buyer. What it is for is in its name. Once the Tenant certifies a fact in this Certificate, knowing the Buyer will rely on it to decide whether, and on what terms, to complete the purchase, the Tenant is stopped — "estopped" — from later telling a court or the Buyer something different: that is the doctrine of estoppel by representation in Section 121 of the Bharatiya Sakshya Adhiniyam, 2023, which carries forward, in the same words, Section 115 of the Indian Evidence Act, 1872, and Clause 9 of this Certificate invokes it directly. A Seller's own representations about the tenancy — in the Agreement to Sell or anywhere else — are only ever the Seller's word about itself; this Certificate is the Tenant's word about the Seller, and it is the Buyer's primary protection against a side letter, an unpaid instalment or a disputed deposit that the Seller's own disclosure missed, whether by oversight or otherwise. The facts this Certificate fixes are the ones a Buyer's or a lender's due diligence checklist always asks a tenant to confirm: that the Lease identified here is the whole agreement between the Tenant and the Landlord, and not one of several documents with a side letter or an oral variation nobody wrote down; the rent presently payable and the date up to which it has actually been paid; the security deposit the Tenant believes the Landlord holds, checked against the figure put to the Tenant for this Certificate; whether the Landlord is, to the Tenant's own knowledge, in default of anything the Lease requires of a landlord; whether the Tenant has any defence, set-off or claim that could reduce what it actually pays going forward; the Lease's exact term, its expiry date, and any option the Tenant has to renew it; and whether the Tenant has been told of any earlier sale, mortgage or charge over the Landlord's interest in the Premises, apart from the sale to this Buyer. Not for a residential tenancy. Not for a property that is vacant, or being handed over vacant — there is no tenancy for a tenant to certify. Not a substitute for the Tenant Attornment Letter, which is what actually redirects the Tenant's rent to the new landlord after completion — this Certificate is given before completion, addressed to the Buyer, and does not by itself change who the Tenant pays. And not a subordination, non-disturbance or attornment agreement of the kind a lender sometimes asks a tenant to sign separately: this Certificate does not subordinate the Lease to anyone's mortgage and does not promise the Tenant anything in return — it runs one way, the Tenant's own confirmation, for the Buyer's protection.₹399Open
- Legal Notice of Rent Default (Commercial Premises)A landlord's (or their advocate's) formal written demand to a commercial tenant in Punjab or Chandigarh for specific unpaid rent and other sums due under a Lease Deed or tenancy agreement, giving a stated number of days to pay before the Landlord takes further action. States the arrears with a breakdown, any interest or late-payment charge the Lease provides for, and what follows if payment is still not made. This is a DEMAND FOR PAYMENT, not a notice to quit. It reserves the Landlord's right to terminate the Lease and seek possession later, but does not itself terminate anything — ending the tenancy needs a separate notice drafted for that purpose (Notice to Quit Commercial Premises), served after this one if payment is still not made. Using this notice to also purport to end the tenancy blurs a demand with a termination and gives the Tenant an argument against both. In Punjab, where a commercial tenancy is governed by the general provisions of the Punjab Rent Act, 1995 rather than by contract under Section 3(2) — for instance because there is no Lease Deed or written tenancy agreement bringing the letting within Section 3(2) — and arrears of three or more consecutive months have accrued, the Landlord needs the separate statutory notice in the Schedule VII form under Section 20(2)(a) of that Act before applying to the Rent Authority for eviction, not this one. Most commercial lettings made under a written Lease Deed on or after 30 November 2013 are instead governed by contract under Section 3(2), which this notice is written for; Clause 7 states which position applies to your letting. Not for: a residential tenancy; a tenant demanding money from a landlord; an agreed settlement of arrears (needs a settlement agreement); a notice ending the tenancy (needs a separate notice to quit); or the Section 20(2)(a) Schedule VII case described above.₹99Open