The short answer to this question is no. Coworking is not regulated by the state real estate commission, mainly because it does not have longer contracts and significant prior costs, often with traditional leases. For both a landlord and tenant, coworking space is much less risky than traditional office space where a person who does not participate in the agreement leaves the space without a lengthy legal process. It also means that customers don`t need to cooperate with a licensed broker to search, negotiate and move to a flexible workspace. Customers are interested in obtaining a Spacelance Virtual Office Service at its location of GS2 Heavenly Plaza, Kakkanad, Cochin – 682 021 (hereafter referred to as «Premise»). The whole premise remains the property of The Spacelance and remains in possession and control of the Spacelance. The client recognizes that this agreement does NOT create rental, lease or other real estate interests for the client`s benefit with respect to the virtual office program. This agreement is personal to the customer and cannot be transferred to third parties. Spacelance may, at any time, delegate the benefit of this agreement and its obligations under this agreement. After the tenant`s decision as to which space works best for him, negotiations begin between the landlord and the tenant. A common strategy is that the tenant limits it to two (2) real estate and opposes the owners. This allows the tenant to get the best possible price. Of course, this strategy will only work if there are vacancies in the region.

If the tenant is exclusively looking for a monthly agreement or an establishment in which facilities and services are fully supported by the landlord, an office sublease company may be a viable option. The tenant can pay more under this agreement, but is certain that they will never have to deal with the services on the site. In addition, these leases are often month to month, which means that the tenant can terminate at any time with 30 days` notice. Although, a tenant will often receive a better offer on the monthly rate if they commit to 6 months or a full year lease. If there are few or no vacancies in the area, the tenant will have to pay the market price, including any premiums, if the desired area requires special accommodation. The supplier is the one who grants the right to participate. The shareholder is the person or company that shares the offices. If there is more than one shareholder, each must be appointed to ensure that he is maintained as part of the agreement and that he is partly responsible.

There may be a maximum of four. However, if the tenant is allowed to renew these conditions, check box 2. This declaration will require the number of cases in which the tenant adopts a renewal of these conditions declared on the first vacuum of this choice. The last two spaces have been set aside to determine the number of years and months remaining in effect. However, because coworking is inherently dynamic and flexible, many operators will offer longer-term leases to tenants if they appreciate this stability through the agility of short-term agreements. Like most aspects of coworking and flexibility in the office industry as a whole, there are viable alternatives for almost every possible problem when a person knows where to look. If you have vacancies in your office, you give them to other companies that use this office sharing agreement for useful and lucrative results.