Bank lease agreement
E
(Querist) 18 February 2016
This query is : Resolved
HI
I am going to lease my building to a bank for 15 years after after due tendering. But there is concern in the market that even banks donot vacate the property on expiry of lease or before, if reqd and the matter goes in to litigation. Some people are also of the view that there is a affidavit which is to be signed by the LESSEE bank at the time of execution of LEASE DEED which binds BANKS TO vacate premises on expiration of deemed lease deed.
Can any one advise me the text or matter of such affidavit