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1 year Tenancy Agreement for office stall space between a Company and an Individual | Netsheria property legal documents

1 year Tenancy Agreement for office ,stall space between a Company and an Individual

KShs 3,500.00

This Tenancy Agreement is a legally binding document that outlines the terms and conditions under which a company (hereinafter referred to as the “Tenant”) agrees to rent office or stall space from an individual (hereinafter referred to as the “Landlord”) for a period of one year. The agreement specifies the location and dimensions of the leased space, the monthly rental fee, and the responsibilities of both parties regarding maintenance, utilities, and insurance. It includes clauses on the use of common areas, signage, and any restrictions on the type of business that can be conducted within the premises.

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The agreement also details the conditions under which the tenancy may be renewed or terminated, the process for handling disputes, and the obligations of each party upon the expiration of the lease. This document ensures that both the Landlord and the Tenant are protected and have a clear understanding of their rights and responsibilities, providing a stable foundation for their business relationship. It is imperative that both parties review the agreement thoroughly and seek legal advice if necessary before signing to ensure that all terms are understood and agreed upon.

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