100% found this document useful (1 vote)
5K views5 pages

Lease Deed Agreement

1) This document is a lease agreement between Abhishek Gupta (the lessor) and Ashish Kumar (the lessee) for a fully furnished 2BHK house located in Dehradun. 2) The lease is for an initial period of 11 months from October 1, 2017, with the option to renew. The lessee will pay Rs. 7,000 per month in advance. 3) The lessor represents that he owns the property and has the right to lease it, and that all taxes and bills are paid up to date. The lessee takes possession of the property along with its fixtures and furniture.

Uploaded by

vijay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
100% found this document useful (1 vote)
5K views5 pages

Lease Deed Agreement

1) This document is a lease agreement between Abhishek Gupta (the lessor) and Ashish Kumar (the lessee) for a fully furnished 2BHK house located in Dehradun. 2) The lease is for an initial period of 11 months from October 1, 2017, with the option to renew. The lessee will pay Rs. 7,000 per month in advance. 3) The lessor represents that he owns the property and has the right to lease it, and that all taxes and bills are paid up to date. The lessee takes possession of the property along with its fixtures and furniture.

Uploaded by

vijay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 5

LEASE DEED AGREEMENT

This LEASE DEED is entered into on this the first day of october 2017 at
Dehra Dun.
BETWEEN

Abhishek Gupta (PAN……………………….) hereinafter referred to as the


LESSOR (which term shall unless it be repugnant to the context or meaning
thereof mean and include all their heirs, executors, administrators, legal
representatives, nominees and assigns) on the One Part;

AND

Ashish Kumar (PAN………………………) hereinafter referred to as the Lessee


(which term shall unless it be repugnant to the context or meaning thereof
mean and include their successors in interest and assigns) of the Other
Part.

WHEREAS the Lessor is owner and in possession of all that property i.e.
house no. 3 consisting a fully furnished 2BHK house with khasra no.
124/6, situated at Devi colony, Prayag Road, Ballupur, Dehradun., total
admeasuring 1125sq feet approximately, morefully described in the
schedule of the property at the foot of this deed and herein after referred to
as the said property.

AND WHEREAS the Lessor has further assured and undertaken that he is
seized and possessed of and is otherwise well and sufficiently entitled to
lease all of the property. With all liberties, easement, right, advantages,
entrances, passages, right, advantages, entrances, passages, right to ingress
and aggress including entrances, passages and all common facilities.

AND WHEREAS the Lessor has assured the Lessee that the Lessor id the
owner and having absolute power of the demised and the premises is free
from Court notice, litigation, injunction etc. of whatsoever nature and the
lessor is fully empowered and authorized to let the demised premises to the
Lessee.

AND WHEREAS the Lessor has also represented that there are no
outstanding payments of taxes including municipal taxes and property taxes
or transfer/mutation charges pending on respect of the demised premises
and that all electricity and whatsoever dues have been paid to date to the
concerned authorities.

Under the aforesaid representations of the Lessor, the Lessee has


approached the Lessor to lease the Demised Premises for living or residing
purpose only.

AND WHEREAS, the Lessor has agreed to lease the Demised Premises and
the Lessee, under the aforesaid assurances and representations of the
Lessor, has agreed to take on lease the Demised Premises for a period of 11
months (eleven months) under the terms and conditions of this Lease.

NOW THIS LEASE DEED WITNESSETH AS UNDER:

1.That the initial term of this Lease shall be for a period of 11 (eleven)
months w.e.f. 1st October 2017 (herein after referred to as the Lease Period).
The Lessee shall pay monthly rent @ Rs.7,000/- (rupees Seven Thousand)
per month of the Demised Premises to Lessor (herein referred to as the
“Rent”) for the specified lease period. The lessee shall pay the said Rent by
1st of each Calendar month in advance to the Lessor. That the parties have
further agreed that lease period can be renewed after end of lease period.
2.The rent includes Service Tax and other charges like electricity and water
bills etc. Lessee shall not pay service tax along with the rent to the Lessor
per month as Lessor shall deposit the Service Tax and other charges like
electricity and water bills etc., to the concerned department out of rent only.
3. That the Lessor has delivered the actual physical vacant possession of the
demised premises to the Lessee at the spot. The rent shall be payable by the
Lessee to the lessor from 01.10.2017.
4. That the demised premises is fully furnished with facilities like fixture,
furniture, electric equipment, interior and installed lift etc., of which the list
is enclosed herewith. The Lessee has accepted the possession of the said
demised premises with all the aforesaid articles. The Lessee shall be bound
to maintain the same in good and workable condition during the said Lease
period at its own cost and expenses. At the time of vacating the lease
premises the Lessee shall be bound to deliver possession of the aforesaid
articles to the Lessor.
5.The Lessee shall use the Demised Premises for residing purpose only as
mentioned above and shall not carry out any obnoxious and illegal activity
in the Demised Premises, nor shall do anything therein which may be or
may become any annoyance or offensive to the
neighborhood/society/Lessor.
6. The Lessee shall not store in the Demised Premises any goods of
hazardous or combustible nature and/or which are so heavy as to effect
adversely the construction or to the structure of the Demised Premises or do
or suffer anything to be done in or around the Demised Premises, which
tend to cause damage to the Demised Premises.
7. That if during the period of lease, the Lessor transfers its ownership in
the demised premises or any part thereof, to any person the present lease
deed shall not be affected from the said transfer and the proposed transferee
shall be bound to obey all the terms and conditions of this Lease Deed.
8. That in case of default of payment of two months rent the Lessor shall
have right to terminate the Lease and re-enter in the demised premises.
9.That only in case of violation of any term of this lease by the Lessee the
Lessor shall have right to terminate the Lease after serving 30 days notice
and shall be free to initiate legal action.
10. That only the Courts in Dehradun shall have jurisdiction to adjudicate
the dispute arose if any between the parties in respect of the present lease
deed.
11. Cost of non-judicial stamp papers and expenses in respect of execution
and registration of this Lease has been borne by the Lessor and Lessee in
equal ratio.
12. The terms and condition of this Lease shall not be changed or modified
except by written amendments duly agreed between the Parties.
13. The LESSOR herein permit the Lessee to change the interiors of the
Lease Premises, as it may deem fit, without damaging the structure. The
Lessee shall not make any structural alterations into or upon the scheduled
premises or make any alteration or addition to the external appearance or
any part of the premises without the previous Written consent of the
LESSOR in writing.
14. The Lessee shall keep the Schedule Premises fittings in good conditions
and order and shall not cause or suffer any damage thereto, normal wear
and tear excepting. Any payment in this regard will be borne by the lessee
only.
15. The Lessee shall carryout the internal repair works of maintenance,
paintings, color washing, electrical and sanitary repairs to the Lease
Premises, at its own cost whenever necessary.
16. The LESSOR or the authorized agents shall be entitled to enter the Lease
Premises (apart from those premises shall are not part of the present lease)
on business days during the Lessee’s working hours after giving an advance
notice in writing of 24 hrs, to inspect the Lease Premises to satisfy himself
that the Lease Premises is being used in accordance with the terms of the
Lease or for carrying out works of repairs/maintenance relating to any
portion of which the Lease Premises forms a part.
17. The Lessee shall deliver back vacant possession of the demised Premises
to the LESSOR, without removing or damaging any article in the demised
premises and also in good condition subject to the changes by normal wear
and tear, subject to refund of security deposit.
18. Each Party to this Lease represents that it possesses full power and
authority to enter into this Lease and to perform its obligations hereunder
and that the authorized representative of each Party is fully authorized to
sign this Lease.
19. Any addition, alteration, subtraction, modification, correction, change
etc. in terms and conditions of this Lease shall be made only by way of
written mutual consent of the Parties herein.
SCHEDULE OF DEMISED PROPERTY

All the piece and parcel of immovable property 6 bearing No. 199781
Measuring: 25ft. x 45 ft.= 1125 sq. metres
Bounded by:-
On the East : road
On the West : Ajanta Sweet Shop
On the South : Pacific Mall
On the North : road

IN WITNESS WHEREOF the Parties hereto have executed this Lease on the
day, month and year first above written, in the presence of:
LESSOR LESSEE

(………………………………………) (………………………………………………)

You might also like