Professional Documents
Culture Documents
Deed of Lease
Deed of Lease
This DEED OF LEASEis made and executed at ______ on this _______ day of
______________, Two Thousand _______
BETWEEN
The expression of the Lessor and Lessee shall mean and include them, their
legal heirs, legal representatives, administrators, successors, executors,
nominees and assignees
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.
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: