Pakistan - Property

Commercial Leave and License Agreement

Leave and license agreement for commercial premises in Pakistan.

Fill Your Details

Licensor (Owner) Name *

Licensor CNIC/NTN *

Licensor Address *

Licensee/Company Name *

Licensee CNIC/Company NTN *

Licensee Address *

Commercial Premises Address *

Business Purpose *

Monthly License Fee (PKR) *

Security Deposit (PKR) *

License Start Date *

License Period (Months) *

City *

Province *

Optional Sections

Include Witnesses Section Include Verification Section Include Schedule/Annexure

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Instructions

How to create a Commercial Leave and License:

1. Verify commercial use approval for the property.
2. Specify the permitted business purpose clearly.
3. Commercial license fees are typically higher.
4. Security deposit is usually 3-6 months.
5. Include clauses about signage and operating hours.
6. Notarize the agreement for added validity.

Frequently Asked Questions

What business permits do I need?

Depending on business type, you may need trade license, FBR registration, and relevant professional certifications.

Can I sublicense part of the space?

Only with written consent from the licensor. Unauthorized sublicensing is grounds for termination.

Is sales tax applicable on license fee?

Depending on province and amount, sales tax on services may apply. Check with your tax advisor.

What if I want to change business type?

Any change requires prior written consent from the licensor.