This agreement sample is for informational and educational purposes only. The agreement sample is not intended to be used for any purpose and is not a substitute for professional legal advice. You should always seek the advice of your legal services provider before entering into any agreement.

 

LEASE DEED

 

An agreement made the _________________ day of ___________years between

Sri./Smt._____________etc., (herein after called “the Lessor”) of the one part and

Sri./Smt.____________ etc. (hereinafter called “the Lessee”) of the other part.

 

Whereby it is agreed as follows:

 

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 _____________ to hold the same to the Lessee from

___________ day of _______ for the term of ______ years (or, year to year)

paying therefor during the said term the monthly rent of Rs._________

(Rupees _____________ 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;

 

3. The Lessor hereby agrees as follows:-

 

(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.

 

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_____ months 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) ______________ 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.

 

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 (or, at_______), 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 (or; at_______)

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

(Leased under this deed)

 

All the piece and parcel of immovable property bearing No.____________*

Measuring _______________

 

Bounded by:-

 On the East :

 On the West :

 On the South :

 On the North :

 

Market value of the property leased under this deed is Rs._____________

(Rupees____________________________________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 at _______________ on this ______________ day of

______________ year in presence of the witness:

 

WITNESSES:

 

1. LESSOR

 

 

2. LESSEE

 

 

 

[*Full details of the property number such as Khata number, street/road with reference to the

local authority records and boundaries shall be furnished. If the property leased is a Flat /

Apartment details of the property on which the Flat / Apartment is constructed, flat number, floor

number, name of the apartment etc., full details of the property so as to identify shall be

furnished.]

 

 

Source: http://www.karnataka.gov.in/karigr/modeldeeds/leasedeed.pdf