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Long LEASE_303 Constn

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Page 1: Long LEASE_303 Constn

8/13/2019 Long LEASE_303 Constn

http://slidepdf.com/reader/full/long-lease303-constn 1/4

 AGREEMENT TO LEASE FOR A LONG PERIOD

 AGREEMENT TO LEASE is made at ........ this ........ day of ... ....

between Mr. A of ....... hereinafter referred to as the Lessor of the One Part

and Mr. ! ........ of ....... hereinafter referred to as the Lessee of the Other Part.

"#EREAS the Lessor is abso$%te$y sei&ed and 'ossessed of or otherwise

we$$ and s%ffi(ient$y entit$ed to the 'ie(e of $and sit%ated at ..... and more

'arti(%$ar$y des(ribed in the S(hed%$e here%nder written.

 AND "#EREAS the Lessee has a''roa(hed the Lessor with a re)%est to

*rant a $on* $ease of the said $and with a +iew to (onstr%(t a b%i$din* or other

str%(t%re thereon either for $ettin* o%t the same or any 'art thereof or for (arryin*

on b%siness therein and whi(h the Lessor has a*reed to do on the fo$$owin*

terms and (onditions a*reed to between the 'arties.

NO" IT IS AGREED !, AND !ET"EEN T#E PARTIES #ERETO AS

FOLLO"S-

. The Lessor a*rees to demise to the Lessee and the Lessee a*rees to ta/e

on $ease the said 'ie(e of $and sit%ated at ..... and more 'arti(%$ar$y

des(ribed in the S(hed%$e here%nder written for a 'eriod of 00 years

(ommen(in* from the date of the deed of $ease to be e1e(%ted as

hereinafter mentioned at the year$y rent of Rs . ..... to be 'aid in ad+an(e

from the (ommen(ement of the $ease witho%t any ded%(tions.

2. The rent sha$$ be e1($%si+e of the ta1es3 assessments3 d%es and d%ties

'ayab$e in res'e(t of the said $and and the b%i$din* or b%i$din*s to be

(onstr%(ted thereon3 to the Go+ernment or the M%ni(i'a$ 4or'oration or

any other $o(a$ a%thority or '%b$i( body and whi(h ta1es et(. wi$$ be

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'ayab$e by the Lessee as and when they be(ome d%e and 'ayab$e.

5. The Lessor sha$$ ma/e o%t a mar/etab$e tit$e to the said 'ie(e of $and free

from a$$ en(%mbran(es and ($aims or reasonab$e do%bts.

6. The Lessor sha$$ 'rod%(e or (a%se to be 'rod%(ed to the Lessee or his

 Ad+o(ate a$$ do(%ments of tit$e in his 'ossession or 'ower for in+esti*ation

of the tit$e to the said $and.

7. The Lessee or his Ad+o(ate sha$$ send re)%isitions on tit$e3 if any to theLessor or his Ad+o(ate within fo%r wee/s from the date of 'rod%(tion of

the tit$e deeds for ins'e(tion as aforesaid fai$in* whi(h the Lessee sha$$ be

deemed to ha+e a((e'ted the tit$e of the Lessor.

8. On the Lessor ma/in* o%t a mar/etab$e tit$e as aforesaid or the Lessee

a((e'tin* the tit$e3 b%t not otherwise3 the Lessor sha$$ *rant a $ease of the

said 'ie(e of $and by e1e(%tin* a Deed of $ease in d%'$i(ate for the said

'eriod and at the said rent.

9. The Deed of Lease wi$$ (ontain %s%a$ (o+enants to be *i+en by the Lessee

and Lessor and other %s%a$ terms and (onditions 'ro+ided that there wi$$

be no restri(tion on the Lessees ri*ht to assi*n the $ease and the Deed of

Lease wi$$ a$so (ontain a (ondition that on the determination of the Lease

by eff$%1 of time or otherwise3 the Lessee wi$$ s%rrender the $and to the

$essor a$on*with the b%i$din* or b%i$din*s standin* thereon witho%t any

(om'ensation. The draft of the Deed of Lease wi$$ be 're'ared by the

Lessees Ad+o(ate and a''ro+ed by the Lessors ad+o(ate.

:. The transa(tion wi$$ be (om'$eted within a 'eriod of three months from the

date hereof.

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0. The Lessor sha$$ *i+e (om'$ete +a(ant 'ossession of the $and to the

Lessee on the date of (om'$etion and %nti$ then he wi$$ not a$$ow anybody

to (ommit en(roa(hment or tres'ass thereon.

;. A$$ the ta1es and other o%t*oin* In res'e(t of the said $and %'to the date

of (om'$etion of the $ease wi$$ be 'aid by the Lessor.

. The (osts by way of stam' d%ty and re*istration (har*es in res'e(t of the

Deed of Lease wi$$ be borne and 'aid by the 'arties hereto in e)%a$shares. Ea(h 'arty wi$$ bear and 'ay a$$ other (osts in(%rred by him

In($%din* his Ad+o(ates fees.

2. The Lessor de($ares that the said $and is not s%b<e(t to any reser+ation or

any Intended a()%isition or re)%isition and there are no b%i$din*

restri(tions on the $and.

5. The Lessee wi$$ be at $iberty to (onstr%(t a b%i$din* or b%i$din*s thereon

with a$$ re)%isite and 'ro'er sewers3 drains and other (on+enien(es and

the b%i$din* or b%i$din*s wi$$ be (onstr%(ted as 'er '$ans that wi$$ be

san(tioned by the m%ni(i'a$ (or'oration and=or other $o(a$ a%thority or

'%b$i( body as may be re)%ired and he wi$$ (onform to a$$ r%$es and

re*%$ations in that beha$f.

6. Nothin* in this a*reement sha$$ be (onstr%ed as a 'resent demise of the

said $and or any 'art thereof.

7. If any 'ermission or No Ob<e(tion 4ertifi(ate Is re)%ired to be obtained

from any a%thority for *rantin* a $ease of the said $and as aforesaid the

Lessor sha$$ obtain the same at his own (osts as a (ondition 're(edent to

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the e1e(%tion of the Deed of Lease.

8. If the Lessor fai$s to (om'$ete the transa(tion as herein 'ro+ided3 the

Lessee wi$$ ha+e the o'tion either to (an(e$ this a*reement by fifteen days

'rior noti(e to the Lessor to that effe(t or to s%e for s'e(ifi( 'erforman(e

and or dama*es. If the Lessee fai$s to (om'$ete the transa(tion3 on the

Lessor ma/in* o%t a mar/etab$e tit$e3 the Lessor wi$$ ha+e the o'tion to

(an(e$ this a*reement by fifteen days 'rior noti(e to the Lessee to that

effe(t or to s%e for s'e(ifi( 'erforman(e and=or dama*es.

IN "ITNESS "#EREOF the 'arties ha+e '%t their res'e(ti+e hands the

day and year first hereinabo+e written.

THE SCHEDULE ABOVE REFERRED TO

Si*ned and De$i+ered by the withinnamed Lessor ........ in the 'resen(e of

Si*ned and De$i+ered by the withinnamed Lessee ........ in the 'resen(e of