SAMPLE OF RENT / LEASE DEED
This deed of Lease made,
entered into and executed at __________________ this ______ day of ____________
month, ________, and between _______________________________, son of _______________________________,
aged about ________ years, residing ________________________________________________,
hereinafter called the “LESSOR’ which terms shall mean and include, wherever
the context so admits, his heirs, executors, administrators, legal
representatives and assigns of the one part and _______________________________,
son of _______________________________ aged about ________ years, residing at
________________________________________________, hereinafter called “LESSEE’
which terms shall mean and include wherever and whenever the context so admits,
his heirs, executors, administrators legal representatives and assigns of the
other part.
Whereas
house, ground, and premises _______________________________________________,
more particularly described in the schedule hereunder
belongs to the Lessor herein. And whereas the lessee approached the
lessor for execution of a lease deed in his favour, one of the shops situated
in the _______ floor of the said premises and which for the purpose of
denomination has been numbered as Shop No______________________(Private Mark)
offering to pay a sum of Rs. ________ /- (Rupees
_______________________________________only) per month as rent without default
for a period of __________ months (____ months) from ______ day of
__________________ the lessor has agreed to the said offer made by the lessee.
NOW THIS AGREEMENT
WITNESSETH AS FOLLOWS:
- The period of lease shall be 11 months commencing from
_____________ (dd-mm-yyyy) to ______________ (dd-mm-yyyy).
- The property leased is shop No________and shall be
leased for a sum of Rs. ________/- (Rupees
_______________________________________ only) per month exclusive of the
payment of electricity and other charges.
- The lessee has paid a sum of Rs. ______________/-
(Rupees ______________________________ only) as advance for the tenancy
and the said sum is repayable or adjusted only at the end of the tenancy
on the lease delivery vacant possession of the shop let out,
subject to deductions, if any, lawfully and legally payable by the lessee
under the terms of this lease deed and in law.
- The rent for every month shall be payable on
or before _______ of the succeeding month.
- The lessee shall pay electricity charges to the
Electricity Board every month without fail.
- The lessor or his agent shall have a right to inspect
the shop at any hour during the day time.
- The Lessee shall use the shop let out duly for the business
of General Merchandise and not use the same for any other
purpose. (The lessee shall not enter into partnership) and conduct
the business in the premises in the name of the firm. The
lessee can only use the premises for his own business.
- The lessee shall not have any right to assign, sub-let,
re-let, under-let or transfer the tenancy or any portion thereof.
- The lessee shall not carry out any addition or alteration to
the shop without the previous consent and approval in writing of the
lessor. The lessor shall be entitled to all the benefits and
improvements so made.
- . If necessary the lessee shall white wash and paint
and carryout minor repair to the said shop let out at his own cost.
Any damages to the property should be corrected by lessee.
- . The lessee on the expiry of the lease period of
_______ months shall hand over vacant possession of the ceased shop
peacefully or the lease agreement can be renewed for a further period on
mutually agreed terms.
- . The lessee shall pay the monthly rent and amenity
charges and if default being committed in the payment of such rent, etc.
even for a period of a single month or in default of any of the
terms or conditions the lease shall come to an end. On such default the
lessor shall have a right on entry and obtain delivery of vacant
possession.
- . New lease agreements will be valid only
after termination of this lease duly authorized by the lessor.
- . Upon determination of this Agreement, to dismantle,
remove and take away all the items of work, things, articles, equipments,
installations of the lease pursuant to the renovation work done by the
Lessee on the said premises and hand over to the Lessor the said premises
in good order and in the same layout, as far as possible, reasonable wear
and tear, force majeure and unforeseen calamities excepted.
- .
________________________________________________________________________________
- ________________________________________________________________________________
- . It is hereby agreed that the tenancy shall be
terminable by either party on giving _________ months notice. The
boundaries are given for the entire house.
In witness whereof the
lessor and the lessee above named have here into set a subscribed their
respective hands and names the day and year first above written in the presence
of.
LESSOR LESSEE
WITNESS:
1.
2.
No comments:
Post a Comment