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Tuesday 5 March 2013

Lease Deed Sample

fill execution OF A RESEDIENTIAL PROPERTY

THIS INDENTURE OF LEASE made at Gurgaon this 24th day of October 2012.
BETWEEN
Sh. Samir Sahni Hus of Supriya Sahni R/o House No.- 5, Dlf variety -1, Gurgaon,Haryana (hereinafter referred to as the Lessor, which expression unless repugnant to the stage setting hereof shall cerebrate and include her heirs administrators, executors and assigns) of the ONE PART.

AND
Sh. Akshayy Kapoor S/o Shri Manish Kapoor, R/o House No. 23/4, Dlf Phase 4, Gurgaon, Haryana. (hereinafter referred to as the Lessee which expression unless repugnant to the context thereof shall mean and include his heirs, administrators, executors and assigns) of the OTHER PART. WHEREAS the lessor is the absolute owner of the residential berth bearing Flat No. 22/15, Dlf Phase 2, Gurgaon, Haryana. (hereinafter residential Property).

WHEREAS THE LESSOR is absolutely seized and possessed of or otherwise well & sufficiently owner of the residential House No. 22/15, Dlf Phase 2, consisting of two bedrooms, drawing-cum-dining, kitchen, one bathroom, one toilet, one balcony and a garage, and fittings & fixtures as per detail in Annexure 1( hereinafter referred to as the DEMISED premise).

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AND WHEREAS the lessee has agreed to take on lease the say residential Property for the residential purpose of Sh. Akshayy Kapoor and his family, such demise being purely temporary and limited to the period of this lease. Accordingly, the Lessor and Lessee (hereinafter collectively referred to as the Parties) are executing this Lease Deed to reduce the toll and conditions agreed in respect of the Demised Promises in writing.

NOW THIS DEED WITNESSETH AS UNDER:

1. The monthly rent for the express premises shall be Rs. 70,000 and such rent shall be collectible in advance on or before fifteenth day of each calendar month (due date). Failure to take away the payment of lease rentals within 15 days from the said due date shall render the LESSEE liable to pay rice beer @ 25% p.a....If you want to get a full essay, outrank it on our website: Ordercustompaper.com



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