Draft A Lease Deed For Lease of A Immovable Property
Draft A Lease Deed For Lease of A Immovable Property
Draft A Lease Deed For Lease of A Immovable Property
LEASE DEED
An agreement made the 3rd day of November month of 2020 years between Sri./Smt. Rajesh
singh etc., (herein after called “the Lessor”) of the one part and Sri./Smt. Hargopal singh etc.
(hereinafter called “the Lessee”) of the other part.
1. The Lessor hereby demises to the Lessee all that dwelling house with the land fully
described in the schedule hereto together with all out -houses, pucca well, motor garage,
kitchen, pathways, passage, garden and other appurtenances thereof, situated at Boring Road
Patna (Bihar) to hold the same to the Lessee from 3rd day of November for the term of 10
years (or, year to year) paying there for during the said term the monthly rent of Rs. 80000
(Rupees Eighty thousand only) payable on the first day of the month succeeding that for
which the rent is due;
2. The Lessee hereby agrees that he will during the said term (tenancy) pay all rates; taxes
and other charges excluding the house tax which now are or may hereafter becomes payable
in respect of the demised property;
(i) That the Lessor shall keep the premises in good and substantial repairs during the said
term and shall annually white-wash and do all necessary repairs to the out-houses and
demised premises and on the Lessee giving the Lessor notice in writing of any special decays,
defects and want of separation the Lessor will within one calendar month from the receipt of
such notice repair and amend the same;
(ii) That the Lessor shall repair when necessary, the well, the passages, pathways and the road
connecting the provincial road with the bungalow hereby demised and shall get the well
cleaned at least once a year.
(ii) The tenancy hereby created shall be determinable at the option of the Lessor/Lessee (or
either party) by giving to Lessee/Lessor (or, the other party) 3 calendar month’s notice in
writing.
5. It is hereby agreed between the parties that in respect of the demised premises the parties
hereto shall respectively have all the rights and be subject to all the liabilities of a lessor and
of a lessee as set forth in Section 108 of the Transfer of Property Act, 1882, except Clause
(m) thereof which is hereby excluded.
(i) That any demand for payment or notice requiring to be made upon or given to the Lessee
shall be sufficiently made or given if sent by the Lessor or his agent through the post by
registered letter addressed to the Lessee at the demised premises and that notice requiring to
be given to the Lessor shall be sufficiently given if sent by the Lessee through the post by
registered letter addressed to the Lessor at his usual or last known place of residence or
business and that any demand or notice sent by post in either case shall be assumed to have
been delivered in the usual course of pose.
(ii) That wherever such in interpretation would be necessary in order to give the fullest scope
and effect legally possible to any covenant or contract herein contained the expression “the
Lessor” herein before used shall include the owner for the time being of the Lessor’s interest
in the demised premises and the expression “the Lessee” herein before used shall include his
heirs, executors, administrators and permitted assigns.
In witness whereof the parties have put their signatures hereunder on the day and the year
first above -written (or, on the respective date mentioned against their signatures)
SCHEDULE
On the East :
On the West :
On the South :
On the North :
Market value of the property leased under this deed is Rs._1000000 (Rupees ten lacs only).
The Stamp duty is paid as per Article 30 of the Schedule to the Karnataka Stamp Act, 1957.
IN WITNESS WHEREOF the parties herein have affixed their respective signatures to this
deed on this 3rd day of 2020 year in presence of the witness:
WITNESSES:
1. LESSOR
2. LESSEE