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]
