Faisalabad Commercial Plaza Space Rent Agreement
Commercial rental agreement for shops and offices in Faisalabad plazas and markets including D Ground, Kohinoor City, and Susan Road area.
Template Clauses
This template includes the following clauses. When you use this template in our generator, these clauses will be automatically added to your agreement along with the standard terms.
The Landlord lets the commercial space to the Tenant for the declared business activity.
Monthly rent payable in advance by the 1st of each month.
Security deposit of three months' rent payable upon signing.
Premises used for declared business only. Change requires written consent.
Building maintenance by Landlord; interior fit-out by Tenant at own cost.
All utility and maintenance charges payable by the Tenant.
Trade licenses and municipal permits are the Tenant's responsibility.
No subletting without written Landlord consent.
60 days' notice for termination.
Annual rent revision of 10-15%.
Punjab Rented Premises Act 2009 applies. Faisalabad courts have jurisdiction.
Tenant's business goodwill remains Tenant's property.