
Adam Frankel
General Counsel · Technology & AI
15+ years as General Counsel to technology, cloud & AI companies
RENT AGREEMENT
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This is a short-term commercial lease specifically formatted for an office room, toilet, and bathroom set. It is not a residential tenancy agreement and excludes utilities from the base rent. It includes specific provisions for a 'proposed company' as the tenant role.
Use this when leasing a single room for business use for a duration of less than one year. Use a Commercial Lease Agreement for larger buildings or longer-term tenancies involving complex maintenance obligations.
| Clause | Name | What it does |
|---|---|---|
| 1 | Rent and Utilities | The Tenant pays a monthly sum in Indian Rupees, excluding electricity and water charges. |
| 2 | Sub-letting | The Tenant is prohibited from sub-letting any part of the premises without the Owner's consent. |
| 4 | Lease Period | The lease is granted for exactly eleven months and may be extended by mutual consent. |
| 6 | Alterations | The Tenant cannot make structural changes but may install temporary decorations or air-conditioners with consent. |
| 11 | Termination | Either party may end the agreement before the expiry date by serving one month's prior notice. |
| 12 | Permitted Use | The Lessee is restricted to using the premises for official purposes only. |
| 14 | Advance Rent | The Lessee must pay one month's rent in advance, which is then adjusted against the monthly rent. |
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A rent agreement under which a property owner (Lessor) lets an office room with an attached toilet and bathroom to a company (Lessee) - typically a proposed or newly-incorporating company using the premises as its registered office - for an eleven-month term in India. It covers monthly rent (excluding electricity and water, billed by meter consumption), one month's advance rent, restrictions on subletting, structural changes and use (official purposes only), the owner's inspection rights, maintenance responsibilities, and termination on one month's notice by either party.