India - Property

Commercial Leave and License Agreement

Leave and license agreement for commercial premises including shops and offices.

Fill Your Details

Licensor (Owner) Name *

Licensor Aadhaar/PAN *

Licensor Address *

Licensee/Company Name *

Licensee Aadhaar/Company PAN *

Licensee Address *

Commercial Premises Address *

Business Purpose *

Monthly License Fee (INR) *

Security Deposit (INR) *

License Start Date *

License Period (Months) *

City *

State *

Optional Sections

Include Witnesses Section Include Verification Section Include Schedule/Annexure

Page Size

Live Preview

Start filling the form to see your document preview here...

Instructions

How to create a Commercial Leave and License Agreement:

1. Verify the property has commercial use permission.
2. Clearly specify the business purpose and any restrictions.
3. Commercial license fees are typically higher than residential.
4. Security deposit is usually 3-6 months of license fee.
5. Include clauses about signage, operating hours if applicable.
6. Register online in Maharashtra; notarize in other states.
7. Keep copies of all business licenses obtained by licensee.

Frequently Asked Questions

Can I run any business in a licensed commercial space?

No, you can only conduct the business specified in the agreement. Any change requires prior written consent from the licensor.

Is GST applicable on commercial license fee?

Yes, if the licensor's turnover exceeds Rs. 20 lakhs, GST at 18% is applicable on the license fee.

What is the advantage over commercial rent?

The licensor retains better control, can revoke more easily, and Rent Control protections don't apply to the licensee.

Can I install fixtures and make modifications?

Only with prior written consent. Any permanent fixtures typically become the property of the licensor upon termination.