Lease Agreements

Whether you’re renting a commercial space, leasing equipment, or onboarding a new tenant, a well-drafted Lease Agreement is essential to protect your legal and financial interests. A lease is more than just a rental contract—it defines rights, responsibilities, rent terms, security deposit rules, maintenance obligations, and exit clauses. At Aarthika Globcorp, we help individuals, startups, and businesses create legally compliant, transparent, and dispute-proof lease agreements that safeguard both parties and ensure smooth long-term occupancy. Our agreements follow state-specific laws, stamp duty norms, and industry practices to give you complete confidence before signing.

Documents Required

  • Identity & address proof of landlord and tenant
  • Property ownership documents
  • Latest tax/utility bills
  • Rent details, duration, and security deposit terms
  • Floor plan or property description
  • Business registration documents (for commercial leases)

FAQs

A written agreement is strongly recommended and often required for proof of tenancy, legal protection, and address verification.

Typically 11 months for residential and 1–5 years for commercial leases, depending on state rules and business needs.

Yes, if the lease exceeds 12 months. Short-term agreements may be notarized but registration is always safer.

A lease gives the tenant stronger possession rights, whereas leave-and-license provides more flexibility and control to the owner.

Yes. Modern contracts often include profit-share, CAM charges, or maintenance fees, especially in retail and mall spaces.