Nowadays, the job market is very narrow, so for those of us who are thinking of starting a new business, a shop or godown is a must. But not everyone has that place. Then we need to start business with a shop or godown rental. And that's why a godown or shop rent agreement is required to get that godown or shop rent. Today's report is only for those of you who download the perfect copy of the agreement given by me and change it and print it yourself, but for this you will need only a court's non-judicial stamp paper.
First check the format given below, then you can download it. Let's find this reporting format useful for you. The format of this godown or shop rent agreement is fully prepared as per Indian law.
**GODOWN AND SHOP RENT AGREEMENT**
This Godown and Shop Rent Agreement (hereinafter referred to as the "Agreement") is entered into on this ___ day of ___month, _____year, by and Between:
**Landlord:**
[Landlord's Full Name]
[Landlord's Address]
[City, State, Pin Code]
[Contact Number]
[Email Address]
**Tenant:**
[Tenant's Full Name]
[Tenant's Address]
[City, State, Pin Code]
[Contact Number]
[Email Address]
Hereinafter collectively referred to as "Parties" and individually as "Party".
WHEREAS, the Landlord is the lawful owner of the property located at [Property Address], hereinafter referred to as the "Premises".
WHEREAS, the Tenant desires to lease the Premises for the purpose of using the Godown and Shop for commercial activities.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Parties hereby agree as follows:
1. GRANT OF LEASE:
The Landlord hereby leases and lets out to the Tenant, and the Tenant hereby takes on lease, the Godown and Shop premises situated at [Premises Address] for the purpose of conducting lawful commercial activities.
2. TERM:
The term of this Agreement shall be [Duration of Lease] commencing from [Start Date] and ending on [End Date]. The Tenant shall vacate the Premises upon the expiry of the term without any notice.
3. RENT:
The Tenant agrees to pay a monthly rent of [Rent Amount] (in words: [Rent in Words]) to the Landlord. The rent shall be paid on or before the __ day of each month. The first month's rent shall be paid on the execution of this Agreement.
4. SECURITY DEPOSIT:
The Tenant shall deposit a security amount of [Security Deposit Amount] (in words: [Security Deposit in Words]) with the Landlord upon the execution of this Agreement. The said deposit shall be refundable within [Number of Days] days from the date of termination of this Agreement, subject to deductions for any unpaid rent, damages, or outstanding dues.
5. USE OF PREMISES:
The Tenant shall use the Godown and Shop premises solely for [Permitted Use] and shall not engage in any illegal, immoral, or hazardous activities on the premises.
6. MAINTENANCE AND REPAIRS:
The Tenant shall maintain the Godown and Shop premises in good and tenantable condition throughout the term of this Agreement. Minor repairs and maintenance shall be the responsibility of the Tenant, while major repairs shall be the responsibility of the Landlord.
7. TERMINATION:
Either Party may terminate this Agreement by providing [Notice Period] days' written notice to the other Party. In case of a breach of any terms of this Agreement, the non-breaching Party shall have the right to terminate the Agreement with immediate effect.
8. GOVERNING LAW:
This Agreement shall be governed by and construed in accordance with the laws of India.
IN WITNESS WHEREOF, the Parties hereto have executed this Godown and Shop Rent Agreement as of the day and year first above written.
Landlord: Tenant:
________________________ ________________________
[Tenant's Full Name] [Landlord's Full Name]
[Date] [Date]
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