Commercial Rent Agreement Format In Word India
H) Full approval. This agreement contains a full expression of the agreement between the parties and there are no promises, assurances or incentives, except those contained therein. C) Lease insurance. The lessor must keep the property (but not the contents of it, nor the tenant`s personal property or commercial or commercial facilities) insured against loss or damage due to fire and other risks normally covered by standard all-risk insurance. The lessor may also maintain public liability, property damage, loss of rent and other real estate-related coverages that the lessor deems appropriate. _____ The agreements, understandings, conditions and guarantees of this Agreement are binding on the owners and tenants and their heirs, executors, trustees, successors and recipients of the assignment and do not create rights over another person, except as expressly provided. C) Condition and reception of premises. The tenant accepts the Demised Premises in their current condition and acknowledges that the Demised Premises are in good condition and repaired, unless otherwise stated. The use of the dehumanized premises assumes that the tenant has accepted the shrunk premises in the condition required by this agreement. At the request of the lessor, the tenant signs a declaration confirming the start date and ratifies the acceptance of the unmasked premises. In addition, the tenant has a waiting period __ [number] days to detect possible defects and immediately inform the owner. A) condemn the premises denied.
If all or a substantial part of the demised prediscesses is taken or acquired by a public or quasi-public authority under the control or threat of an important estate for a period other than temporary, the term of the lease ends on the day the property is taken over by that public or quasi-public authority, and the tenant pays the rent until that date with a reasonable refund of all rents by the Les owners who have been paid in advance for a period after the date of detention. In the event that, during the term of this Agreement, the premises or part or more of the land or community ownership are taken in its place by the condemnation or the right to a private domain or purchase, such contract and the duration granted by this Agreement may be terminated at the sole discretion of the Owner, and if the lessor terminates it, this contract terminates on the date on which the property is taken over by the convicted person and the basic rent reserved therein is fully distributed and paid until that date, and all prepaid basic rents are immediately reimbursed by the lessor to the tenant. . . .