Shop Rent Agreement Format (Commercial, 11 Months)
A shop or commercial rent agreement adds clauses a home agreement does not need: permitted business, licences, lock-in, signage and GST on rent.
Shop rent agreement format
Non-judicial stamp paper or e-stamp certificate of value Rs. ______________ as applicable in the State of ______________
E-stamp certificate No. ______________ Date of issue ______________
Stamp duty depends on the State and the type of document. Confirm the correct value before printing.
SHOP RENT AGREEMENT
This agreement is made at Delhi on 25 October 2026 BETWEEN Mahesh Gupta, S/o Shri Ramesh Gupta, residing at C-12, Prashant Vihar, Rohini, Delhi 110085 (the "Owner") AND Vikram Singh, proprietor of Singh Mobile Point, S/o Shri Harpal Singh, residing at House No. 88, Sector 7, Rohini, Delhi 110085 (the "Tenant").
The Owner lets and the Tenant takes on rent the shop described as Ground floor Shop No. 4, measuring about 180 square feet, at Gupta Market, Sector 9, Rohini, Delhi 110085 (the "Shop") on the following terms:
- Term: 11 months from 1 November 2026, renewable by mutual written consent on revised terms.
- Rent: Rs. 25,000 (Rupees twenty-five thousand only) per month payable in advance by the 5th day of each month by bank transfer. GST, if applicable on the rent, shall be charged as per law.
- Deposit: Rs. 1,00,000 (Rupees one lakh only) as an interest-free refundable security deposit, refundable on handover after adjusting dues and damage.
- Use: The Shop shall be used only for sale and repair of mobile phones and accessories. The Tenant shall obtain and maintain all trade licences and registrations needed for the business at the Tenant’s own cost.
- Lock-in: Neither party shall terminate this agreement during the first six months, except for breach. After that, either party may terminate by giving two months written notice.
- Charges: Electricity as per the separate meter, market maintenance charges and signage permissions shall be borne by the Tenant.
- No subletting: The Tenant shall not sublet, assign or share the Shop.
- Alterations: Interior work and signage only with the Owner’s written consent, and the Tenant shall restore the Shop on leaving if the Owner asks.
- Handover: On termination the Tenant shall hand over vacant possession of the Shop in good condition subject to normal wear and tear.
- Disputes: Courts at Delhi shall have jurisdiction.
WITNESSES
1. Name: ______________
Address: ______________
Signature: ______________
2. Name: ______________
Address: ______________
Signature: ______________
Attested before me on ______________
Name of Notary ______________ Registration No. ______________
Seal and signature of Notary ______________
Presented at the office of the Sub-Registrar ______________ on ______________
Registered as Document No. ______________ Book No. ______________ Volume ______________
Registration fee and stamp duty as per the rules of the State: ______________
Extra points for commercial premises
- Lock-in period protects the owner’s income and the tenant’s fit-out investment.
- GST on commercial rent may apply depending on the owner’s registration status; the format says GST is charged as per law.
- The tenant needs trade licences and, for GST registration, the rent agreement and owner’s proof (see consent letter for GST).
- Signage and interior work need the owner’s written consent.
Frequently asked questions
Can a shop rent agreement be for more than 11 months?
Yes, but a lease exceeding one year must be registered. Use the lease deed format.
Is GST payable on shop rent?
It can be, depending on the owner’s GST registration and turnover. Ask a tax professional.
Please note: these templates are for general information and are not legal advice. Laws, stamp duty, notarisation and registration rules vary by State. Consult an advocate for your case. This is an independent website, not a law firm and not a government office.