lease_deed_ramesh

7/28/2019 lease_deed_ramesh

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LEASE DEED

THIS INDENTURE of lease is made this the ___ day of_________- _, between Sri.

______________________________ , aged ____ years, business occupation

(herein after called the Lessor) of the one part and Sri

__________________________________, aged ____ years, business occupation

(hereinafter called the Lessee) of the other part.

WHEREAS the lessor is absolutely seized and possessed or otherwise well and sufficiently

entitled to the building along with open space situated at

_______________________________________________________________

___

LESSOR LESSEEE

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AND WHEREAS on the request of the Lessee, the lessor has agreed to grant lease in respect of the

demised premises for a term of_______years in the manner hereinafter appearing.

Whereby it is agreed as follows:

1. The Lessor hereby demises to the Lessee a shed, acc sheet roof over steel trusses

and Brick masonry wall, along with vacant site in S.No.______, with the usable pathway

fully described in the schedule hereto, situated at __________________________

to hold the same to the Lessee from _____ day of_ ___________ for the term of

__________ years paying there for during the said term the monthly rent of_Rs.

3000/-_(_Rupees Three Thousand only_) with refundable security deposit of_Rs.

25,000_ (_Rupees Twenty Five Thousand only_) payable on the first day of themonth succeeding that for which the rent is due;

2. The Lessee hereby agrees that he will during the said term (tenancy) pay Electricity

bill intended for the leased premises, taxes, if any, pertaining to his business and other

charges excluding the house tax which now are or may hereafter becomes payable in

respect of the demised property;

3. The Lessor hereby agrees as follows:

(i) That the Lessor shall keep the premises in good and substantial condition during the

said term;

(ii) That the Lessor shall repair when necessary, the bore well, the passages, pathways

and the road connecting the provincial road with the premises hereby demised and shall

get the well cleaned at least once a year.

(iii) That the Lessor shall re-pay the refundable deposit without any Interest added at

the completion of Tenancy period.

4. Provided always and it is hereby agreed as follows:

(i) That whenever any part of the rent hereby reserved shall be in arrears for_3_ months

LESSOR LESSEEE

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after due date or there shall be a breach of any of the covenants by the Lessee herein

contain the Lessor may re-enter on the demised premises and determine this lease.

(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 months

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.

6. It is hereby agreed between the parties as follows:

(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 Lessors 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

LESSOR LESSEEE

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SCHEDULE

(Leased under this deed)

All the piece and parcel of immovable property is bounded by:

On the East : Dry Land of Pydi Ramana and others

On the West : Dry Land of Pydi Chinnammadu and others

On the South : Dry Land of Tatimalla Sanyasi Rao

On the North : Gorja

1. LESSOR

2. LESSEE

WITNESSES:

1.

2.

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