Lease Deed (Commercial)

Step 1

Complete details about the Lessor

Complete details about the Lessee

Complete details about the Lease Property

Step 5


The laws pertaining to the transfer of property and/or the usage rights of property are covered under the Transfer of Property Act, 1882. It broadly covers various modes of transfers such as Sale, Mortgage, Exchange, Lease, Gift etc.

As per Section 105 of the Transfer of Property Act, the definition of ‘Lease’ can be understood as a transfer of a right to enjoy property for a certain time or in perpetuity; in consideration of a price paid or promised or of money, a share of crop, service or any other thing of value to be rendered periodically or on specific occasion to the Lessor by the Lessee who accepts the transfer on such terms.

“Lessor” is the absolute owner of the property which is the subject matter of the lease;

“Lessee” is the person acquiring the rights to use and enjoy the property on lease from the Lessor;

Duration is the term for or period for which the rights to use and enjoy the property is granted. The duration of the lease can be for a certain time, express or implied or can also be in perpetuity;

Premium or Rent is the consideration for granting the rights to use and enjoy the property can be in the form of a one-time price paid or promised i.e. Premium or on payment of money or any other thing of value, periodically or on specific occasions or intervals, known as Rent.

Therefore, by executing a Lease Deed, what is transferred by the Lessor to the Lessee is only his right to enjoy the property, subject to the terms agreed upon, and not the whole or any part of the absolute ownership rights.


Nyayasevak has introduced this unique feature of drafting the Lease Deed by your own. Our eminent Team of experts at Nyayasevak, as soon as receives such inquiry will immediately scrutinize the said Lease Deed and contact you during the working hours and will accordingly suggest appropriate corrections, if any. Our eminent team of experts at NYAYASEVAK will assist you fully during the course of drafting the said Lease Deed.

A strong professional team, first rated human resources and modern technical support enable NYAYASEVAK, to provide legal services in a well-researched, quick, quality conscious and cost efficient manner.



Lease deed is a legal document which lays out the prescribed terms and conditions under which the property is leased out. Parties to a lease deed are the lessor and lessee.
Leases for more than seven years must be registered with the Land Registry, and it's usually the tenant's responsibility to complete that registration. If they fail to do so within two months of completion, it is not a valid legal lease and only takes effect as an agreement for a lease (a contract).
Modern commercial leases are normally required to be registered if they're granted for a period of more than seven years. If the period is for less than seven years, then registration typically isn't needed.
Registration is carried out in order to protect the tenant in case the property changes ownership.


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