Lease agreement - firm

Roja (Querist) 09 February 2015 This query is : Resolved
Dear Sir,

Please advice me on my issue.

I have one Firm and having 5 partners and firm now decided to give their building for lease rentals to different shops.

Now my query is while drafting lease agreement, whether we need to draft in the name of Firm and representing firm by any one active partner name is enough

or

we have to mention the Firm name and down we need to write all partners and their address in "LESSOR" column

which correct as per legally. please advice on this issue.

In addition to this, please share if any draft copy of shoppes lease rental agreement documents by Firms

Thank you very much for your help.

Regards
Roja.M

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ajay sethi (Expert) 09 February 2015
we dont provide formats . get it drafted by local lawyer

Roja (Querist) 09 February 2015
thank you . But my query is Now my query is while drafting lease agreement, whether we need to draft in the name of Firm and representing firm by any one active partner name is enough

or

we have to mention the Firm name and down we need to write all partners and their address in "LESSOR" column

which correct as per legally. please

adv. rajeev ( rajoo ) (Expert) 09 February 2015
You have to write like this " Name of the firm" represented by the Working Partner/partners( names)

Rajendra K Goyal (Expert) 10 February 2015
If the property is in the name of the firm, its name need to be mentioned. Working / managing partner /any partner can sign within scopes of the provisions of partnership deed.