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DEED OF LEASE

This DEED OF LEASEis made and executed at ______ on this _______ day of
______________, Two Thousand _______
BETWEEN

.......... ,PAN NUMBER……….,EPIC/Passport /OCI/CIO/PIO No………., Adhar


No……….. son / wife / daughter of ………. residing at ……………..by
faith…………… , by Occupation …………. , by Nationality……………….,

Herein after referred to and called as the “LESSOR ”


AND

.......... PAN No……., EPIC/Passport /OCI/CIO/PIONo………., Adhar No………..son


/ wife / daughter of ………. residing at ……………..by faith…………… , by
Occupation …………. , by Nationality………………., hereinafter referred to and
called as the "LESSEE”

The expression of the Lessor and Lessee shall mean and include them, their
legal heirs, legal representatives, administrators, successors, executors,
nominees and assignees

WHEREAS the lessor is the absolute owner of the schedule of Property


detailed below, as recorded in the R.O.R. and is in peaceful possession of the
said property as the absolute owner without any restraint, litigation and
objection from any other person or agency or body of persons.
That, the lessor has the good transferable title over the said land with all
rights, interests, title and possession over the said land, free from all
encumbrances.
That, all the property are in peaceful and absolute possession of the
lessor and no part of property has been let to any other Person(s)
/Associations /Body of Associations for any purpose. No part of the property
has been given in any mortgage, Lease, or as surety or by any means or
instruments of transfer of right or interest, there to any other person,
Financial Institution(s), Govt./Private/Semi Govt. Bank(s)/ Offices/
Institutions, etc.
That, the lessor, hereby declare that no other person other than him,
has any claim whatsoever regarding any right, title, or interest over the
scheduled property detailed below.
And whereas the lessee is desirous of taking on lease of the said
schedule of land more detailed under the Schedule of the Property under the
terms and conditions mentioned below for establishment and running a
……………………………………. (Office/business/institution/ etc pl. specify), and the
said lessor has agreed to give on lease the said house under the said terms.

NOW THIS LEASE DEED WITNESSETH AS UNDER: -


1. That the lessor has given the said property on rent and the lesse has
taken the same on Rent / Premium/ Or both at a monthly Rent Of Rs
….. and Premium of Rs………
( NB. In case of increase of rent occurs in periodical interval then
calculation of annual average rent must be provided )
2. That the Lessor has handed over the physical vacant possession of the
said property to the Lessee on the execution of this Lease deed
3. That the lease has been granted for a period of …… years, which is
effective from …….. to ………
4. That the entire premises will be vacated by the Lessee after the expiry
of the said lease period.
5. That the Lessee has been paid a sum of Rs……… as Security which is
interest free, the receipt of which is hereby admitted and
acknowledged by the Lessor. The Security shall be refunded by the
Lessor to the Lessee at the time of receiving back the vacant
possession of the said property.
6. That the Lessee shall pay the said monthly rent to the Lessor by the ….
Of each English calendar month, in advance.
7. That the Lessee shall pay the electricity bill, municipal taxes etc to the
concerned authorities.
8. That the Lessee has been before occupying the saidproperty that all
the sanitary and electric fittings and fixtures are in good working
condition and is satisfied that nothing is broken or missing and the
Lessee on vacating the lease premises shall restore them in the same
condition subject to normal wear and tear.
9. That the Lessee not sublet, assign or part with the possession of the
aforesaid rented property in whole or in part under any circumstances

10.That the Lessee shall comply with all the rules and regulation of the
local authorities.
11. That the Lessee shall not carry out any addition or alteration in the
structure or otherwise under any circumstances.
12.That day-to-day repairs such as replacement of fuses and elements
setting right, leakages in water taps etc. are to be carried out by
the Lessee at his own costs. However, the major repair shall be
carried out by the Lessor at his own costs and expenses.
13. That the Lessee shall permit the Lessor or his agents or
representatives to enter upon the lease premises for inspection and
to carry out the repairs etc. at reasonable time as and when
necessary.
14.And whereas the Lessee wants to vacate the premises the he will give
…. Month notice to the Lessor vice-versa, if the Lessor wants to get the
premises vacated then he will also give …… month notice to the Lessee.
15.That in case, if the period of lease is extended for a further period
as mutually agreed between the parties on the terms and conditions
as given above then the fresh Lease Deed shall be executed.
16.That in case the Lessee fails to vacate and give the physical
vacant possession ofthe said rented property within the said
stipulated period, then the Lessee shall pay the damages@
Rs……………………. /- per day till the possession is given by the
Lessee to the Lessor.

THE SCHEDULE OF THE PROPERTY ABOVE REFERRED TO


(same as the schedule as written in SALE DEED as applicable in this case )

IN WITNESS WHEREOF the parties hereto have hereunto set and subscribed
their respective hands and seals after understanding the contents of this Deed of
Lease on the day, month and year first above written.
______________________________
Signature of the Lessor

______________________________
Signature of the Lessee

WITNESSES :
SIGNED, SEALED AND DELIVERED
by the Parties at ___________ in the presence of :
1.

Drafted by me:

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