PREMISES & PROPERTY

Commercial Lease Deed (Long-Term)

Use when you want security of tenure for several years, for example for a factory shed, showroom or office you are investing in fitting out. Leases of more than one year must be registered, so plan for stamp duty and a Sub-Registrar visit.

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6 of 16 required fields filled

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Lessor (owner) name *

Lessor descriptione.g. "an individual, aged about 52 years, PAN ABCPK1234L" or "a company incorporated under the Companies Act, 2013"

Lessor address *

Lessee (your business) *

Lessee entity type

Lessee registered address *

Lessee signatory & designation *

Premises address *

Carpet area (sq. ft.) *

Type of premises

Fixtures, fittings and parking included

Monthly rent (₹) *

Rent due by (day of month)

Security deposit (₹) *

Lease start date *

Lease term (years) *

Rent-free fit-out period (days)

Rent escalation (%) *

Escalation frequency

Lock-in (years)

Renewal option (further years)

Permitted use *

Termination notice after lock-in (months)

Courts / seat of arbitration (city) *

Place *

Date *

Laws this relies on

Transfer of Property Act, 1882 · Section 105A lease is a transfer of a right to enjoy immovable property for a period, in return for rent.
Transfer of Property Act, 1882 · Section 107Leases from year to year or exceeding one year can be made only by a registered instrument.
Registration Act, 1908 · Section 17Such leases are compulsorily registrable; an unregistered lease cannot be relied on for its terms.
State Stamp ActStamp duty on leases is fixed by each state and usually depends on rent, deposit and term.

How to execute

Print on stamp paper and register it at the Sub-Registrar office within the time your state allows.

Print on stamp paper or e-stamp of the value required in your state, sign before two witnesses, and register with the Sub-Registrar of the area where the premises are situated. Stamp duty and registration fees are state-specific — check your state's current rates (most states offer e-stamping). Check whether GST applies to the rent or licence fee, including whether it is payable under reverse charge by a GST-registered tenant. Also check your state's rent control law, which may apply to the lease.

Click anywhere in the letter to edit it. Changes to the form keep flowing in.

This is a general template, not legal advice. Laws, stamp duty and procedures vary by state and change over time — have a qualified advocate review it for your facts before signing or sending.