Pakistan - Property

Commercial Rent Agreement

11-month commercial rent agreement for shops, offices, and commercial spaces with rent escalation clause.

Fill Your Details

Landlord Name *

Landlord CNIC Number *

Landlord Address *

Tenant/Company Name *

Tenant CNIC/Company NTN *

Tenant/Company Address *

Commercial Property Address *

Property Type (Shop/Office/Plaza) *

Covered Area (sq. ft.) *

Nature of Business *

Monthly Rent (PKR) *

Annual Rent Increase (%) *

Security Deposit (PKR) *

Lease Start Date *

City *

Province *

Optional Sections

Include Witnesses Section Include Verification Section Include Schedule/Annexure

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Instructions

How to fill this Commercial Rent Agreement:

1. Enter complete legal names with CNIC/NTN numbers.
2. For companies, include NTN and company name.
3. Describe the commercial property accurately.
4. Specify the nature of business to be conducted.
5. Commercial rent escalation is typically 8-10% annually.
6. Security deposits are typically 3-6 months' rent.
7. Register with the Rent Controller for legal protection.

Frequently Asked Questions

What additional permits might a tenant need?

Depending on business type, you may need trade license from local municipal authority, FBR registration, and relevant professional licenses.

Is the lock-in period legally enforceable?

Yes, lock-in periods in commercial agreements are generally enforceable. Breaking the lock-in may result in forfeiture of deposit.

Can the landlord increase rent arbitrarily?

No, rent increases should follow the agreed escalation clause. Provincial rent laws also regulate fair rent.

What happens if my business type changes?

Change of business requires landlord's written consent as it may affect the property's use and value.