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Vinay Chhikara (Legal Expert)     27 August 2008

lease deed

LEASE DEED
This Lease Deed is made between Mr.\Miss \Mrs. ……… S/O-W/O-D\O (hereinafter called the Lessor) and Mr. \Miss \Mrs.……….. S/O-W/O-D\O (hereinafter called the Lessee) on ……………[Date] 

Whereas, the Lessor is the owner in possession of the property ……………[ADDRES] comprising of. ……………Measurements.

AND WHEREAS the lessee has approached the lessor to give on lease the above said property/land/house at the monthly rent of Rs…………. and the Lessor agreed to give the same to the Lessee under the following Terms And Conditions. 

  1. The lessee will pay a sum of Rs. ……………. on the…………….. Day of every month in advance during the time of the lease by cash/Bank Draft .

  2. The lessee will pay all taxes and liabilities during Lease period on the said property as imposed by the Government or any other authorities.

  3. The lessee will permit the lessor, his servants and agents at all reasonable hours to enter into the property/land to inspect the condition. 

  4. The lessee will not Sub Let the said property

  5. The lessee will shall deliver the peaceful vacate possession to the lessor on expiration of the lease deed.

  6. The lessee will keep the property in good condition. He has to pay for any damage etc during his possession.

  7. The lessee will use this property for ………..[purpose] only.

  8. It will be rightful for lessor to enter and take possession of this property for failure on payment of rent\ lease money by lessee or in the event of breach of any conditions of this deed

IN WITNESSES WHEREOF this deed is sealed, signed and delivered in the presence of the following witnesses.

DATE: ……………….

PLACE: ……………..

WITNESSES: -

1 ………………. LESSEE ……………

[Name and Address] 

   

2……………….. LESSOR…………….

[Name and Address] 





Learning

 7 Replies

SANJAY DIXIT (Advocate)     27 August 2008

thanx.

advocate jain (advocate)     27 August 2008

thanks ur informatin helpful for young lawyers

Srinivas.B.S.S.T ( Advocate)     28 August 2008

Sir, i think it would be better if you describe the measurements and
details of the property in a schedule appended to the deed and refer
the same as schedule property in the deed.  isnt it? 
thank you for sharing your knowledge with us sir.

V V SATYANARAYANA (DY MANAGER)     28 August 2008

Sir,


I think 2 more clauses are to be added:


1. Clause specifying the period of lease. That this lease is for a period of say 11 months from ............ to ......................


2. That the Lessor and the Lessee mutually agrees to terminate the lease by serving one month's notice.


(V.V.Satyanarayana)

RAMRAVINDRAN (co-ordinate)     02 September 2008

Thanks for your posts and I would request you to kindly provide me a Notice of Lease Termination.


 


regards,


ramravind


mail id ramravind@gmail.com

Shree. ( Advocate.)     02 September 2008

Dear Sir,


 


Notice of Termination of Lease:

 


To _________________________, Lessee:







     Take notice, that pursuant to the provisions of



paragraph ___ of that certain Lease under which you hold



possession of the hereinafter described premises, I have



elected to terminate said lease as of ___________, 20___;



said lease is being terminated [set forth reason for



termination]         and you are hereby required to quit



and deliver up possession of the premises on or before the



above mentioned date.







     The lease above mentioned is between  ________________,



as Lessor, and _____________  ______ as Lessee, is dated



_____________ and covers the property commonly known as



                              .







DATED:  ___________



                     ______________________



                            (LESSOR

smith sharma (lecturer)     03 September 2008

Thanx vinay sir n shee sir


 


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