Lease Deed
A legal document for the lease of a property for a long period. This document belongs to the Real Estate category.
Document Preview
LEASE DEED
THIS LEASE DEED is made on this [date] at [place] between:
1. [lessorName], resident of [lessorAddress], hereinafter called the Lessor.
2. [lesseeName], resident of [lesseeAddress], hereinafter called the Lessee.
WHEREAS the Lessor is the owner of the property situated at [propertyAddress] and the Lessee has agreed to take the same on lease.
NOW THIS DEED WITNESSETH AS UNDER:
1. That the lease shall be for a period of [leasePeriod] years starting from [startDate].
2. That the annual lease rent shall be Rs. [leaseRent] payable by the 10th of every year.
3. That the Lessee shall pay the taxes and other charges as per law.
4. That the Lessee shall not use the property for any illegal purpose.
5. That the Lessor shall have the right to terminate the lease for breach of any condition.
6. That the lease shall be governed by the Transfer of Property Act, 1882.
IN WITNESS WHEREOF, the parties have signed this Deed on this [date] at [place].
LESSOR
LESSEE
WITNESSES:
1. [Witness 1 Name]
2. [Witness 2 Name]