Commercial Property Rental Agreement Form (Page 5 of 5) in pdf

Commercial Property Rental Agreement Form Page 5

IT IS HEREBY EXPRESSLY AGREED BETWEEN THE PARTIES AS FOLLOWS:

a. The lessee shall be entitled to erect fittings, fixtures, wooden partitions,

cabins or make any such additions or alterations, as may be necessary for

its use by the Lessee; provided that the lessee shall remove the said fittings,

fixtures, wooden partitions, cabins, additions or alterations and restore the

demised premises to the Lessor on the expiry of the term of sooner

determination of the lease in the same condition as existed before making

such changes.

b. If the lessor fails to pay the taxes, charges, assessments payable by him, or

fails to carry out the necessary repairs and other work which he has to

carry out as provided herein, the Lessee may after [one month] notice in

writing, pay, discharge and carry out the same at its own cost and the

Lessee may set off the same from the rent payable to the Lessor under

these presents.

IN WITNESS WHEREOF, the Lessor has set its hands unto these presents and a

duplicate hereof and the Lessee has caused its common seal to be affixed hereunder

and a duplicate hereof on the day, month and year first hereinabove written.

For Lessor,

For Lessee,

[Name]

[Address Line 1]

[Address Line 2]

[City, State, Pin Code]

Witness 1:

Witness 2:

[Name]

[Address]

Commercial Property Rental Agreement Form Page 5