There are several methods to rent out your shop, however, these days, people post an ad online. Generally, shops are given on lease and not on rent. This is done so that both the tenant and the owner are benefitted. The lease agreements are generally for a longer duration (3 years, 5 years, 10 years and so on). You can also rent it out if you want, but normally, owners of commercial properties prefer leasing out their properties.
To lease out your property, you can post an ad on NoBroker. It is a broker-free platform where you can connect with the tenants directly. To do so, click on the below link: Post an Ad to Lease your property on NoBroker
Additionally, here is a checklist for leasing out your commercial property to make your process easy:
1. Title ownership validation
2. Sanctioned Plans and Power Of Attorney (PoA)
3. Appropriate Renting Agreement
4. Income Tax & Mortgage verification
5. Background Check of the Tenant
6. The validity of Your Renting Agreement
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Authors Of The Question
My shops is ready to rent
Manjunath
300 Views
1 Answers
4 Year
2020-12-18T11:04:28+00:00 2020-12-22T15:15:15+00:00Comment
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