( _' o te: -T h is is a m od el d r a ft a n d may be customized a cco r d ing t o "- indi v idu al requirem en t. L EASE DEED TIlls Lease deed is made and executed at (Name of place) on this .. ....... ... , day of . BETWEEN . ... ....... .. . ..... ...... .. ........ ..,s/odlo rio , (hereinafter called the Lessor) ofthe one part. . AND ... ... ... .. .. . .. . . .. ... ... .. . .... . . ..,slo rio dlo , (hereinafterualled the Lessee) of the other part. The expression Lessor & Lessee shall mean and include the parties itself, their respective legal heirs, executors, successors, administrators, IegahTt}presentatives and assigns/nominees of their respective part. Whereas Lessor is an absolute owner and in possession of the property no , situ ated ~ '" at " measun.ng (hereinafter referred to as the SAID PROPERTY). NOV/ TIUS LEASE DEED YVITNESS AS UNDER:- I. Period of Lea se From " To . . 2. Rs Amo unt of Ad vance/Premium . . . . .( Ru pees .. .. . . . .. . .. . .... ... . .. . . . . ..... . . .on ly). (i h m y ) 3. Sec urity Deposi t, if any Rs.. . .. .... . .. .. . . .. .. (Rupees . . . . ..... . .. ..... .. . .. . . . . .. . . .. .. . . . . . . .... . . . . . . . . . . . . .. . . . . . .. .. . .. ........ . . .only) , (if an y} 4. Detai ls • 5. ' " • • • • • of •• • • ••• •••• Periodicity • ' 0 ' • • 0 •• • • • • • • • • & • 0 Stamp duty paid Rs Mod e of Payment 0 ' By • • • • •••• •••••• • •••• •••• 0 • • of rent. ••••• • •• • ••••• 0 • • • • • • • • • • • (Rupees • • •• • • • • • . .... . .. . .. . . . ..... ... only), (if any) 6. That the lessor is the solei joint! co-owner of the said property being leased out and in possession of the said property mentioned in the Schedule below. 7. That the lessee has approached the lessor for grant of a lease of the property described in the schedule below for a period mentioned above and the lessor has agreed to grant the said property on lease on the terms and conditions hereinafter appearing. 8. That the Le ss or ackn ow ledges. receipt of an interest free advance amount of Rs... .. . . .. . . . . . . . .. cash/cheque/DD. (Rupees No... ... ... . . ..... only) dated. . ..... . .... drawn by on . . . . . . . . . . . . . . . . .. . . .. . . . . . . ... which w ill be refundable upon expiry of th e lease or sooner determination on account of violation of the convents of the ' lease subject to receipt of vacant physical posses sion by th e lessor and set-off of the claims if any of the lessor on acco unt of breaches on part of th e lessee. 9. That the lessee agrees to pay the rent, as agreed above, on or before the ... ... . . .. . ..... . .. . . . . .. Da y of successi ve English calendar month. 10. That the lessee shall pay th e Electri city and water consumption charges di rectl y to the co ncerned a uthoritie s on a regular basi s and supp ly co pies of p aid bill s to the lessor and if the lessor requires the lessee will also furni sh the pro ofofthe pa ym ent of bills . 11. That in case of in cr ea se in th e property! hou se tax of the pr operty, the pro portion ate inc rease in the tax liability o n acco unt of th is tenancy shall be ex clus ive ly be born e by lessee. 12. T ha t the ie ssee shall no t sub -let! sub-lea se any porti on of the prop erty or part thereo f to a ny person witho ut the pr io r permi ss ion of the lessor, in writing . 0 r: I : thereof. Howe ver, minor changes/beautification may be made by the les see with! without the consen t 0 f the lessor in writing. 14, That the lease sha ll terminat e at the end of the term agree d and an option to ren ew it is hereby retained upon the mutual understanding of both the parties to this d eed. l S, That at the end of the leas e period, the property shall be handed over to the les sor in good condition. The lesse e shall have the right to refun d the advance/premium paid subject to set -off of any claim of the lessor. 16. That the Lessor retains the right to inspect the said property, at reasonable time during the day, to know the co ndition of the building. J 7. That the said property can and shall be used only for the lawful purposes. 18. That if the Lessor or Lessee wants to have the premises vacated before expiry of the tenancy period, one month clear notice shall be given in writing to the other party and on such vacation lessor r'shall refund the advance paid after deducting any dues/damages. Any dispute ~f,yging between the parties hereto shall be subject to the jurisdiction of the cotrr'tSi''in ' . 19. .Any other conditions: (if.any): SCHEDULE OF THKIIDW'ASED PROiflER.TY: Revenue District Village ...... . Local Sub-Registrar Office Body conce rned. .. ... . Ward ~No . .. . ~•. . ... . .. . . .. GRS No/O. S,~o/ R.Survey No.rr. S.No . (whichever is app licable) Survey Block No.1 Survey Ward No Tota l Extent Extent of Lan d Leased : .. Hec.lSq.M. , .", ". Hec/Sq .M. ~ I Street Nam e: ! oS ·· ·· · ·· ·· ···· · ··· ··· .. · No· Dam. n't ·· I'l~ \t ct N i. :0 . . _ If roe. property ]ect~'':'.:i is a portion of the above said property Details of propeny leased: 19 . AI1Y othe r detail s regarding Schedule of Propel1y : 20. Permi ssible Land Use : 2 1. Actual Land Use ,. , . IN WITNESS WHEREOF, the parties hereto have set their hands to this lea se deed on the clay, month and year first mentioned abo ve in the presence of the following witnesses> . Signature of the Lessor WITNESSES: 1. (Name, father's name and address) . 2. (Name, father's name and address) Signature of the Lessee .