Space Rental Agreement Template for India

1. Fit-out Works: Used when tenant is permitted to carry out improvements or modifications to the space

2. Common Areas: Required when the property includes shared facilities or common areas

3. Operating Hours: Necessary for commercial properties with specific business hours

4. Signage Rights: Important for retail or commercial spaces requiring external branding

5. Environmental Compliance: Required for industrial or specialized commercial spaces

6. Subletting and Assignment: Include when subletting or assignment rights are to be granted

7. Competition Restrictions: Used in retail spaces to restrict competing businesses

8. Property Management Rules: Needed when property is part of a managed complex

1. Schedule 1 - Property Details: Detailed floor plans, measurements, and property specifications

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent, including base rent, escalations, and additional charges

3. Schedule 3 - Inventory List: List of fixtures, fittings, and equipment included in the rental

4. Schedule 4 - Building Rules: Specific rules and regulations governing the use of the property

5. Schedule 5 - Maintenance Schedule: Detailed maintenance responsibilities and schedules

6. Schedule 6 - Handover Protocol: Procedures and checklist for property handover at start and end of lease

7. Appendix A - Required Permits: List of necessary permits and licenses for property use

8. Appendix B - Insurance Requirements: Detailed insurance specifications required from both parties