new delhi whether for a commercial purpose or for a residential one the value of an accuratelyframed rental agreement is impeccable a precisely drafted rent agreement is known to eradicate any indefiniteness or bemusement between a landlord and a tenant this implies that having an appropriate rental agreement not just shield your interest but also aids you to fend off any future legal fuss along these lines if you are going to get a rented property for your business these pointers might come handy for you while outlining the agreementnames in the rent agreementprimarily while concocting a rental agreement for business it should be taken care that the names of both parties are mentioned clearly although this is a minute element disregarding it may hamper your objective to take a rented space to perform your business peacefully detailing of the property in the rental agreementevery rent agreement for business must compulsorily incorporate recitals of the rented property this includes the background history of the rented premises and specifies a holistic rundown and stipulation of the rented office monetary notions in the rent agreementthis clause encompasses the specifications regarding the money paid or to be remitted your rental agreement for business should state distinctly who is going to pay the rent in conjunction with the security amount deposited this simply avoids any conflict or litigation in the future tenure of the rental agreementto make sure that your business runs without any friction or disruption in the future be very precise about the duration of the rental agreement you are devising an ideal commercial rent agreement consists of the stretch for which the clauses incorporated in it are valid this should also comprise the effective date and guidelines touching the renewal aspect when the running rent agreement concludes effective dates in the rent agreementwhen it comes to effective dates that are mentioned in a rental agreement you may become baffled at certain points because of the presence of two or more dates since you are taking the premises for your business a slightest of uncertainty can be bothering not mentioning effective dates may create an unwanted ruckus between the landlord and the tenant this can be evaded by using subtle but intelligent articulation like clauses stating which date is the effective date of the rent agreement lockin epoch of the rental agreementa commercial rent agreement typically encompasses a provision for a lockin period a timeframe within which the arrangement cannot be dissolved by either party landlord or tenant this lockin period is actually incorporated in a rental agreement because it benefits both the tenant and the landlord you can always mention the special circumstances in which this lockin epoch wont apply generally a strict penalty is imposed on concluding the rental agreement during the lockperiod so be very careful about this clause possessions and warranties in the rent agreementto bring convenience and surety apropos of the rented space a precise rental agreement should plainly cite the warranties and depictions by the