Uttara Apartment Lease (1)

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    DRAFT

    AGREEMENT FOR LEASE

    This agreement is made on this day of .May 2012 of the Christian Era.

    Between

    Mrs. ..wife of .. of House 12, Road 12, Sector13, Uttara R/A,

    Dhaka-1230, Bangladesh hereinafter referred to as the "LESSOR" which expression where the context so

    admits shall include his/her heirs, successors, administrators, executors and legal representatives.

    And

    Mr. LEONARD CODAS Director of Debonair Group,

    Gorat Sarker market, Ashulia, Dhaka hereinafter referred to as the LESSEE which expression means the

    tenant of the apartment.

    hereas the LESSOR is the lawful owner of Apt. No.6, House-12, Road-12, Sector 13, Dhaka 1230

    (hereinafter called "demised premises").

    Therefore, both LESSOR and LESSEE have mutually agreed to grant and accept the agreement for lease ofApt. 6 of Nafi Tower situated at House-12, Road-12, Sector 13 of Uttara Residential area, Dhaka, both

    agreeing upon the following terms and conditions:

    1. This agreement for lease shall remain in force for a period of 01 (One) years, commencing on 1st

    June 2012 and ending 31st May February 2013. The lease may be renewed for a further 01(one) year

    period if both the parties mutually agree to do so, if the LESSEE giving advance written intimation

    at least two month before the expiry of the lease, on mutually agreed new terms and conditions.

    2. The LESSEE shall, upon expiry of the lease, hand over to the LESSOR the vacant possession of the

    demised premises including all the , fixtures, fittings and wood-works in such conditions as received

    at time of the commencement of the lease except for normal wear and tear and depreciation and any

    damage caused by the natural factors. Failing to handover the demised premise at the expiry of thelease, the LESSEE shall pay an amount of Taka 5,000/= (Five Thousand) as compensation for each

    day of illegal occupation and shall be subject to eviction by any means.

    3. The rent of the demised premises shall be Taka 45,000.00 (Taka Forty Five Thousands) only per

    month exclusive of service charges and utility (electricity & Gas) charges. The LESSEE shall also

    pay to the LESSOR in advance equal to 1 (0NE) Month rent (Taka 45,000.00 X 1) = Tk.

    45,000.00 (taka 45,000.00) only. The monthly rent will be due on or before the 5 th day of each

    calendar month. The payment should be made by pay order or cross cheque in favour of LESSOR or

    bank transfer to the LESSORs account or to the account of any other person authorized by the

    LESSOR.

    4. The LESSEE shall pay one month rent Tk. 45,000 (Forty Five Thousands) only as security which

    will be refunded to LEESSEE during expiry of the agreement after the adjustment of damaged, if

    any of the fittings and the fixtures of the apartment

    5. The LESSEE shall not sub-let the whole, or any part of the demised premises. The LESSEE or any

    member of her family or guest shall not do any such act nor use the premises for any act, social

    gathering, functions or family celebration, which may be deemed as social nuisance or disturbance

    to the residents of other apartments of the building or the neighborhood.

    6. The LESSEE shall not obstruct or hinder movement of other occupants at the common spaces, lawn

    or parking place and common corridor.

    7. The demised premises shall be used for residential purpose only of self and her immediate family

    members and business associate, and live in housekeeper and shall not share any portion thereof

    with any other person for short or long-term residential purpose.

    8. If any external defect whatsoever, structural or otherwise, is revealed in the demised premises or any

    part thereof, the LESSOR shall repair the same at her own cost within 2 weeks on the availability

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    of the required materials to be used thereof or give consent to the jobs being done by the LESSEE

    herself at reasonable cost agreed by upon both parties which shall be deducted from rent.

    9. The LESSEE shall not be responsible for any damage to the demised premises resulting from

    earthquake, storm, war, civil disturbance/commotion, violence of mob, air raid, flood or any other

    reason whatsoever including damage caused by moths or by the act of God.

    10. The LESSOR shall carry out such major repair or replacement of defective external water pipes,

    tanks the interior and exterior electrical wiring and other such major items as necessary. The

    LESSEE shall arrange, at her own expense, basic and routine maintenance of electrical and

    bathroom fittings , fuses, lights of demised premises

    11. To ensure that systems of electricity, gas are operational

    12. In the event the demised premises or any part thereof is requisitioned under any act or ordinance or

    any other statutory provisions whatsoever and the LESSOR fails to get such order withdrawn and/or

    the LESSEE otherwise for whatsoever reason is evicted from the demised premises or any part

    thereof and/or the LESSEE otherwise prevent from peacefully and quietly holding possession and

    enjoying the demised premises or part thereof and/or continuance of the LESSEE's accreditation to

    Bangladesh is rendered impossible due to any government interference and/or diplomatic setbackthe LESSEE shall have the option to terminate the lease without notice and with immediate effect.

    13. The LESSEE shall also have the right to terminate the lease any time by 02(two) months written

    notice without showing any reason whatsoever and the LESSOR in all those cases shall refund

    forthwith the advance without any interest, if any, the remaining outstanding after deducting any

    utility bills and repair costs.

    14. The LESSOR shall have the similar right to get back the vacant possession of the premises during

    the lease period, giving 02(two) month written notice with showing good reason and in that case

    refund the remaining amount of advance after necessary adjustment and deduction of area utility

    bills and cost of repairing damages intentionally done to the structure or utilities used for supply of

    electricity, gas line or water line fittings and interior structures and other intentional or accidental

    damages done by the LESSEE.

    15. The LESSOR will have the right to access the apartment, giving reasonable prior intimation to the

    Lessee, to review the condition of the demised premises and also to show the apartment to

    prospective tenants during the last three month period of the lease agreement.

    16. The LESSOR shall pay all rates, taxes and assessments leviable in respect of the demised premises.

    17. The LESSEE shall be bound to accept, implement and abide by any decision taken by the Apartment

    Owners Elected Supervising Committee (OESC) formed by the apartment owners to look after the

    outside maintenance, security and welfare of the both LESSOR and LESSEE. The LESSEE shall

    pay the monthly service charge as decided by the OESC.

    18. The LESSEE shall pay the cost of electricity, gas supplied from common source ,water supply and

    sewerage maintenance regularly and submit the original pay slip to the LESSOR.

    In WITNESS WHEREOF the parties aforementioned have signed this agreement of lease in token of

    acceptance of the terms thereof.

    Mr. . .

    Authorized Signatory

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    On behalf LESSEE LESSOR

    WITNESS:

    1.

    2.