THIS LEASE MADE ON THIS
______ DAY of ___ in the year ____ Between _________ r/o______ hereinafter
called the " LESSOR ", which expression shall include his/her heirs,
successors, legal representatives and assignees of the ONE PART AND
_____________ hereinafter called the " LESSEE ", which expression shall
include his/her heirs, successors, legal representatives and assignees of
the OTHER PART.
WHEREAS the Lessor is the
absolute owner of the premises known as _____ having full and unfettered
rights to Lease out the same or any portion thereof at such terms and
conditions as he may think fit.
AND WHEREAS the Lessor has
agreed to Lease out and the Lessee has agreed to TAKE ON LEASE the Ground
floor/First floor/Front unit/Back unit/Side unit/Whole house of the said
premises no._________ which consist of _________________ hereinafter
referred to as " THE PREMISES ".
Now therefore it is agreed between the Parties hereto as follows :-
1. That the Lessor
represents and warrants that he is duly authorised to make this Lease and
hereby covenants with the Lessee that during the term of this Lease and
any extension thereof:
a) the Lessee shall have
free and unobstructed access to the leased Premises at all times.
b) the Lessee shall enjoy
quiet and peaceful possession of property Leased without disturbances by
Lessor or by any successor in interest of the Lessor or by any other
person claiming and proving title paramount to the Lessor.
2. That the Lessee shall
pay to the Lessor for the Premises Rs.__ ( Rupees __ ) only per month on
account of Rent.
3. That the Lessee shall pay the aforesaid rent in advance for __ months
which shall be adjustable in the first period of the Lease.
4. That the period of the Lease granted by the Lessor to the Lessee for
the premises has been agreed to be ________ commencing from ________ till
_________.
5. That the Lease is renewable with mutual discussion and consent upon
expiration for a further period of ________.
6. That the Lessor accepts full and sole responsibility for the payment of
all taxes and for any other charges of a public nature which are or may be
assessed against the property of which the Premises covered by this Lease
form a part.
7. That the charges for Electricity ( Power & Light ), Filtered &
Unfiltered water shall be paid by the Lessee as per bills received from
the local authorities.
8. That all the Rules, Regulations, Laws and Bye-Laws of the Municipal
Committee or any other local authority having jurisdiction over the
demised premises shall be complied with by the Lessee.
9. That no Structural Additions or Alterations shall be made by the Lessee
in the Premises or any part thereof without the prior written consent of
the Lessor.
10. That the Premises shall be distempered, painted and polished by the
Lessor prior to the handing over the possession thereof to the Lessee and
the Lessor shall not be required to do the same again before the expiry of
the Lease.
11. That all the Sanitary, Electrical and other Fittings in the Premises
shall be restored by the Lessee to the Lessor at the time of handing over
the Premises to Lessor in as good a condition as they are at present
subject to natural wear and tear and damage by the act of God.
12. That the Lawn & Plants shall be maintained by the Lessee at his own
expense.
13. That the Premises shall be used by the Lessee for Purposes of
Residence only.
14. That the Lessee shall not sub-let the Premises or any part thereof.
15. That the Lessee shall not be responsible for damages resulting from
fire, earthquake, storm, war, civil disturbances, white ants and other
insect life and other conditions over which the Lessee has no control.
16. That the Lessee shall permit the Lessor, his authorized
representatives etc., to enter upon the demised Premises for inspection
and carry out repairs etc., at reasonable time with prior advance notice
as and when necessary.
17. That the Lessee shall have the right, during the existence of this
Lease , to attach fixtures and install cooling and/or air-conditioning
equipment in or upon the demised Premises provided such additions and/or
fixtures shall not be detrimental to or inconsistent with:-
a) the rights granted to
tenants on the property or in the building and/or
b) bye-laws of the
Municipal Authority, local government or any other statutory body.
The fixtures, additions, or
installations so placed in or upon or attached to the said Premises by the
Lessee shall be an remain to be his property and will be removed
there-from by the Lessee prior to termination of this Lease.
18. That the day to day repairs ( such as fuses and leakage's of water
taps ) arising in the course of normal use and those incidental to damage
arising from negligence or misuse on the part of the Lessee or his
domestic staff shall be done by the Lessee at his own cost but any major
repairs such as leakage in. electric current or bursting of sanitary pipes
or any damage to the structure due to age or any fundamental defect, the
same shall be done by the Lessor at his own cost.
19. That in case the Lessee is OFFICIALLY TRANSFERRED from Delhi, the
Lessee shall be at liberty to TERMINATE this Lease by giving the Lessor
___ month’s written notice in advance and shall not be required to pay the
rent for the unexpired portion of the Lease and in this eventuality the
Lessor will refund back to the Lessee this amount.
20. That at the expiry of the Lease and option period, if any, the Lessee
shall hand over the vacant possession of the Premises to the Lessor.
21. That if the Lessor sells, transfers, bequeaths, gives, mortgages, or
in any manner transfers ownership or control of the property described
herein, this Lease shall remain in effect for the full period of the Lease
and renewals thereto.
22. That this Lease has been finalized through the agency of M/s LubbSheez
Consultant Private Ltd, Friends Colony East, New Delhi 110 065 who will be
entitled to equivalent of one month’s rent as commission from each side.
Service Tax, as applicable, will be extra.
IN WITNESS WHEREOF the Lessor and the Lessee have hereunto subscribed
their hands on this day, month and year first above written.
Our Brokerage: Rent: Equivalent to one month's rent : Sale: Equal to 2% of
the deal value. Service tax extra (10.2%) Short term let: 15% of the gross.
TDS on brokerage - 5.61% TDS on rent - 16.83%
Lease, sale, franchise, collaborations etc. Residential,
Office,
Industry, Retail, School etc. Delhi, Gurgaon, Noida, Faridabad, Ghaziabad.
Call +91 98110 57103
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