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Lease Of Agricultural Land - Legal Draft

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Category : Agreements Lease Lisence And Lease Financing

This Deed of Lease

made at ................. on the ................. day of ................. 19

..... between A, son of ................. resident of .................

(hereinafter called the "Lessor") of the One Part and B, son of

................. resident of .................................. (hereinafter

called the "Lessee") of the Other Part.1.

This

Deed Witnesseth as Follows:In consideration of

the rent hereinafter reserved and of the Lessee's agreement hereinafter

contained, the Lessor hereby demises to the Lessee a lease of All Those Piece and

Parcels of Land bearing Survey No. .................. Hissa

No................... situate, lying and being at Village ............ Taluka

.................. District ................. and the particulars whereof are

specified in the Schedule hereto (all of which hereditaments are hereinafter

called the "farm") together with a cottage, out houses and a farm

house constructed in the Survey No ................... and trees, fences,

hedges, ways, waters, walls, liberties, easements and appurtenances whatsoever

belonging to the said farm To Hold the farm unto the lessee for the term of

............. years from the ................. day of ................. paying

therefor during the said term the yearly rent of Rs. ................. by equal

half-yearly payments on the ................. day of ................. and the

................. day of ................. free from all deductions except for

landlord's property tax, the first payment to be made on the ................

day of ................. next .................1.2.

The

Lessee hereby covenants with the Lessor:i.

To

pay the reserved rent on the days and in the manner aforesaid.ii.

To

pay all existing and future rates, taxes, assessment and outgoings payable by

law in respect of the farm by the owner or occupier (except Lessor's property

tax).iii.

To

repair and keep in repair the cottage, out houses, and farm house on the farm

and to whitewash when necessary and from time to time to tar such woodwork and

coverings of buildings as may require so to be treated and to do all carting of

material at his own expense.iv.

To

clean out and keep open and free and in working order all ditches, pipes,

sewerages, drains, wells, springs, streams on the farm and to prevent streams

from overflowing or being diverted so as to cause injury to adjoining

occupants.v.

To

use the farm for agricultural purpose only.vi.

Not

to permit or suffer waste or spoil of any part of the farm nor to permit any

encroachment and to use his best endeavours to prevent the acquisition of new

rights of way or easements over any part of the farm.vii.

To

farm cultivate manure and manage the farm in a good and husband like manner

according to the most approved methods o cultivation, so as to keep the farm in

good condition.1.2.3.

The

Lessor hereby covenants with the lessee:i.

To

permit the lessee on his paying the rent hereby reserved and performing and

observing the stipulations and provisions contained hereinabove, peaceably to

hold and enjoy the farm and to enjoy its income, profits and crops during the

term aforesaid without any interruption by the lessor or any person rightfully

claiming under or in trust for him.ii.

To

pay the property tax in respect of the farm.iii.

The

lessee will have the option to renew the lease for a further period of

................. years, provided he informs to the Lessor of his intention to

do so before the expiry of his lease; provided that the rent for the extended

term of lease will be Rs. ................. per annum.1.2.3.4.

It

is hereby agreed and declared that the term "Lessor" and

"Lessee" herein used shall unless inconsistent with the context or

meaning thereof be deemed to include the heirs, executors, administrators and

assigns of the respective parties.5.

This

Lease Deed shall be executed in duplicate. The original shall be retained by

the Lessor and the duplicate by the lessee.6.

The

stamp duty and all other expenses in respect of this Lease Deed and duplicate

thereof shall be borne and paid by the lessee.7.

The

marginal notes and the catch lines hereto are meant only for convenience of

reference and shall not in any way be taken into account in the interpretation

of these presents.IN WITNESS WHEREOF,

the lessor and the Lessee have put their respective hands on the original and

duplicate thereof the day, month and year first hereinabove written.The schedule above

referred toWITNESSES Signed and

delivered by the within named Lessor ......1.2. Signed and

delivered by the within named Lessee ..


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