Lease Deed of Land

LEASE DEED OF LAND

THIS DEED OF LEASE made at ...... this ...... day of ...... , 2000, between ...... son of ...... resident of ...... hereinafter referred to as "the Lessor" of the ONE PART and ...... son of ...... resident of ...... hereinafter referred to as "the Lessee" of the OTHER PART.

WHEREAS the Lessor is the exclusive owner of piece of land bearing Plot No...... situated at ……………………………………. ( more particularly described in the Schedule A hereunder written ), hereinafter referred to as the demised premises.

AND WHEREAS the Lessor has agreed to grant to the Lessee a lease in respect of the said premises for a period of ...... years, vide Agreement of premises lease dated ...... hereinafter referred to as "the said agreement" subject to terms and conditions laid down in the said agreement.

AND WHEREAS the lessor has made out his marketable title to the demised premises free from all encumbrances, claims or reasonable doubts.

NOW THIS DEED WITNESSETH AS FOLLOWS:

In pursuance of the said agreement and in consideration of the rent hereby granted and the Lessee's covenants hereinafter mentioned, the Lessor hereby demise unto the lessee the demised premises, to hold the demised premises unto the Lessee (and his heirs, executors, administrators and assigns) for a period of...... years commencing from the ...... day of ...... , 2000, at a yearly rent of the year for which it is due, the first of such yearly rent shall be paid on ...... and the subsequent rent to be paid on or before the ...... day of every succeeding year regularly.

The lessee shall construct a suitable house and other structures on the demised premises hereby demised according to and in conformity with the map or plans hereto annexed, which has already been sanctioned by the Municipal Corporation of...... within a period of one year from the date hereof.

The Lessee hereby agrees to the following covenants:

(a)To pay rent hereby reserved on the day and in the manner aforesaid to the lessor.

(b)To pay all taxes, cess, impositions, assessments, dues and 9, duties payable in respect of the demised premises and the building to be constructed thereon to the Government of ...... or the Municipal Corporation or any other local authority or public body.

(c)Not to sub-let, sell, dispose of or assign the demised premises or the house constructed on the demised premises without the consent of the lessor in writing.

(d)To keep the building constructed on the demised premises in good and tenantable condition.

(e)To permit the lessor or his duly authorised agent or agents to enter the demised premises at all convenient times for inspection of the building.

(f)To insure and to keep insured the building that may be constructed on the demised premises against the loss or damages by d fire, earthquake, riot or affray with an insurance company approved in writing by the lessor in the joint names of lessor and lessee for an amount which shall not be less than Rs......

(g)To use the demised premises for construction of house which will be used for residential purpose only.

(h)Not to use the demised premises or the building constructed or any part thereof for any illegal purpose.

The Lessor hereby agrees to the following covenants:

(a)The lessor is absolutely seized and possessed of or otherwise well and sufficiently entitled to the demised premises and is having full power and absolute authority to demise unto the lessee the demised premises.

(b)The lessee shall peacefully and quietly hold, possess and enjoy the demised premises, during the term of lease without any interruption, disturbance, claims or demand whatsoever by the lessor or any person or persons claiming under him, subject however, the lessee paying the said yearly rent on the due dates thereof and in the manner herein provided and observing and performing the covenants, conditions and stipulations herein contained and on his part to be observed and performed.

(c)Not to unreasonably withhold his consent to any sub-lease, transfer or assignment of the demised premises, if intended to be made by the lessee.

It is hereby agreed that if default is made by the lessee in payment of the rent for any three years, or in observance and performance of any of the covenants and stipulations hereby contained and on the part to be observed and performed by the lessee, then on each such default, the lessor shall be entitled in addition to or in the alternative to any other remedy that may be available to him at his discretion, to terminate the lease and eject the lessee from the premises demised and from the building, that may have been constructed thereon; and to take possession thereof as full and absolute owner thereof, provided that a notice in writing shall be given by the lessor to the lessee of his intention to terminate the lease and to take possession of the demised premises but if the arrears of rent are paid or the lessee comply with or carry out the covenants and conditions or stipulations, within fifteen days from the service of such notice, then the lessor shall not be entitled to take possession of the said premises and building.

AND IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS:

(a)On the expiry of the term hereby created and subject to the observance and performance of the covenants, conditions and stipulations herein contained and on his part to be observed and performed, the lessee will have the option to renew the lease of the demised premises for a further period of ...... years, provided he gives a notice to the effect in writing by registered post to the Lessor of his intention to do so at least three calendar months before the termination of the present lease; provided that the rent payable by the lessee to the lessor during the extended time of the lease shall be Rs...... per annum, which will include the rent of the demised premises and of the building constructed thereon, which an the expiry of term of the lease, shall vest in and be the absolute property of the Lessor as hereinabove mentioned. After the expiry of the said period of ...... years, the Lessee shall not be entitled to exercise further option of renewal of the lease and shall deliver the demised premises and the building constructed thereon to the lessor in good condition as hereinbefore provided.

(b)The Lessee shall be entitled to purchase the reversion during the subsistence of this demise, in respect of the demised premises on the payment to the Lessor, a consideration to be agreed upon between the Lessor and Lessee and the lessor shall execute conveyance in respect of the reversion of demised premises purchased by the Lessee in favour of the lessee or his nominee or nominees; provided that the lessee may be entitled to purchase a portion or portion of the reversion in respect of any portion of the demised premises, the rent hereby agreed to be paid by the Lessee to the Lessor shall be proportionately reduced.

(c)On the expiry of the term hereby created or earlier determination under the provisions hereof, the lessee will hand over the peaceful and vacant possession of the demised premises and building constructed thereon to the Lessor in a good condition.

This Lease Deed shall be executed in duplicate. The original shall be retained by the Lessor and the duplicate by the Lessee.

The stamp duty and all other expenses in respect of this Lease Deed and duplicate thereof shall be borne and paid by the Lessee.

The marginal notes and the catch lines hereto are meant only for convenience of references and shall not in any way be taken into account in the interpretation of these presents.

IN WITNESS WHEREOF, the Lessor has set its hand unto these presents and a duplicate hereof and the Lessee has caused its common seal to be affixed hereunder and a duplicate hereof on the day, month and year first hereinabove written.

The Schedule A above referred to

Signed and delivered by the within named lessor

Signed and delivered by the within named lessee

WITNESSES;

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LEASE OF A HOUSE ON MONTHLY TENANCY

THIS AGREEMENT OF LEASE is entered into on…………. Between X son of Y r/o ………………….. (hereinafter addressed as the ‘lessor’) and A son of B r/o …………….

(hereinafter addressed as the ‘lessee’)

BOTH THE LESSOR AND THE LESSEE AGREE ON THE FOLLOWING TERMS AND CONDITIONS OF THIS AGREEMENT OF LEASE:

That the lessor is owner and landlord of the House No. ……. situated in …………………………. which he has agreed to let to the lessee at the rent of Rs……………. Per month to the lessor payable on the first day of each month in advance. The lessee agrees to take the aforesaid house on lease at the aforesaid rate of rent.

That the lease is to commence with effect from …………….. and the duration of the lease shall be eleven months from the date of its commencement.

That the lessee shall be responsible for keeping the leased premise in good shape. He shall keep all the fixtures, electric fittings and water connection in good running condition However, the lessor reserves for himself the right to inspect the premises at all reasonable times and shall have the premises white washed and effect the substantial repairs.

That the lessee shall use the premises exclusively for the residential purposes and shall not sublet the premises without the written permission of the lessor.

That the lessee shall pay the water-tax and electricity charges in respect with the leased premises to the lessor in addition to the payment of rent as aforesaid.

That the lessee shall deliver the peaceful vacant possession of the premises to the lessor at the termination of the period of lease. Lessee intending to vacate the premises at an earlier date, shall give a notice of his intention to the lessor to vacate the premises at the expiry of the period mentioned in the notice.

IN WITNESS WHEREOF the lessor and the lessee have signed this deed on the day and year first above written.

Signed by Signed by

……………..………………

(The lessor)(The lessor)

In Presence of In presence of

1…………….1……………….

2…………….2………………

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LEASE OF LAND FOR LIMITED PERIOD

THIS DEED OF LEASE of land made on………..day of………..between A s/o…………..r/o…………..(hereinafter called the ‘lessor’) and B s/o………….. r/o…………..(hereinafter called the ‘lessee’)

WHEREAS BOTH THE LESSOR AND THE LESSEE AGREE TO THE FOLLOWING TERMS AND CONDITIONS :

That the lessor agrees to lease out the land numbering located in ...... ……in the District of………..to the lessee with effect from………….for a period of two years on payment of monthly rent…………. of Rs……payable on the fifth day of each month in advance.
That the lessee agrees to take the aforesaid piece of land on lease. He shall pay the rent hereby reserved in the manner hereinbefore stated.
That the responsibility to pay all rates, taxes and charges which are payable or may so become at a future date in respect with the leased land, shall rest upon the lessor.
That the lessee shall deliver the peaceful vacant possession of the leased land to the lessor at the termination of the period of lease. Lessee intending to vacate the leased land at an early date, shall give notice of his intention to the lessor to vacate the leased at the expiry of the period stated in the notice. Default in payment of rent for four consecutive months shall entitle the lessor to enter upon the said land and determine the lease.

IN WITNESS WHEREOF, the lessor and the lessee have signed this deed on the day and year first above stated.

Witness………….Lessor…………

Witness………….Lessee…………

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LEASE OF AGRICULTURAL LAND

THIS DEED OF LEASE made at ...... on the ...... day of ...... 19 ..... between A, son of ...... resident of ...... (hereinafter called the "Lessor") of the ONE PART and B, son of ...... resident of ...... (hereinafter called the "Lessee") of the OTHER PART.

THIS DEED WITNESSETH AS FOLLOWS:

In consideration of the rent hereinafter reserved and of the Lessee's agreement hereinafter contained, the Lessor hereby demises to the Lessee a lease of All THOSE PIECE AND PARCELS OF LAND bearing Survey No...... Hissa No...... situate, lying and being at Village ...... Taluka ...... District ...... and the particulars whereof are specified in the Schedule hereto (all of which hereditaments are hereinafter called the "farm") together with a cottage, out houses and a farm house constructed in the Survey No ...... and trees, fences, hedges, ways, waters, walls, liberties, easements and appurtenances whatsoever belonging to the said farm TO HOLD the farm unto the lessee for the term of ...... years from the ...... day of ...... paying therefor during the said term the yearly rent of Rs...... by equal half-yearly payments on the ...... day of ...... and the ...... day of ...... free from all deductions except for landlord's property tax, the first payment to be made on the ...... day of ...... next ......

(2) The Lessee hereby covenants with the Lessor:

(i) To pay the reserved rent on the days and in the manner aforesaid.

(ii) To pay all existing and future rates, taxes, assessment and outgoings payable by law in respect of the farm by the owner or occupier (except Lessor's property tax).

(iii) To repair and keep in repair the cottage, out houses, and farm house on the farm and to whitewash when necessary and from time to time to tar such woodwork and coverings of buildings as may require so to be treated and to do all carting of material at his own expense.

(iv) To clean out and keep open and free and in working order all ditches, pipes, sewerages, drains, wells, springs, streams on the farm and to prevent streams from overflowing or being diverted so as to cause injury to adjoining occupants.

(v) To use the farm for agricultural purpose only.

(vi) Not to permit or suffer waste or spoil of any part of the farm nor to permit any encroachment and to use his best endeavours to prevent the acquisition of new rights of way or easements over any part of the farm.

(vii) To farm cultivate manure and manage the farm in a good and husband like manner according to the most approved methods o cultivation, so as to keep the farm in good condition.

(3) The Lessor hereby covenants with the lessee:

(i)To permit the lessee on his paying the rent hereby reserved and performing and observing the stipulations and provisions contained hereinabove, peaceably to hold and enjoy the farm and to enjoy its income, profits and crops during the term aforesaid without any interruption by the lessor or any person rightfully claiming under or in trust for him.

(ii) To pay the property tax in respect of the farm.

(iii) The lessee will have the option to renew the lease for a further period of ...... years, provided he informs to the Lessor of his intention to do so before the expiry of his lease; provided that the rent for the extended term of lease will be Rs...... per annum.

(4) It is hereby agreed and declared that the term "Lessor" and "Lessee" herein used shall unless inconsistent with the context or meaning thereof be deemed to include the heirs, executors, administrators and assigns of the respective parties.

(5) This Lease Deed shall be executed in duplicate. The original shall be retained by the Lessor and the duplicate by the lessee.

(6) The stamp duty and all other expenses in respect of this Lease Deed and duplicate thereof shall be borne and paid by the lessee.

(7) The marginal notes and the catch lines hereto are meant only for convenience of reference and shall not in any way be taken into account in the interpretation of these presents.

(8) The stamp duly and all other expenses in respect of this Lease

Deed and duplicate thereof shall be borne and paid by the Lessee.

(9) The marginal notes and the catch lines hereto are meant only

for convenience of reference and shall not in any way be taken

into account in the interpretation of these presents.

IN WITNESS WHEREOF, the Lessor and the Lessee have put their respective hands on the original and duplicate thereof the day and year first hereinabove written.

The schedule above referred to

WITNESSES Signed and delivered by the within named Lessor ......

Signed and delivered by the within named Lessee .....

IN WITNESS WHEREOF, the lessor and the Lessee have put their respective hands on the original and duplicate thereof the day, month and year first hereinabove written.

The schedule above referred to

WITNESSES Signed and delivered by the within named Lessor ......

Signed and delivered by the within named Lessee ……………..

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LEASE DEED OF LAND