Perpetual Lease Of A Land Legal Draft Template

This Contract of

Lease entered into on the..day of.between X son

of.r/o..(hereinafter called first party) and Y

s/o.r/o(hereinafter called the second party) witnesses as

follows :-1.

The

first party hereby agrees to lease out the plot of land number . situated

in ..in the District ..of.., move precisely described in the

schedule annexed herewith , to the second party from the date of this lease in

perpetuity on payment of yearly rent of Rs.payable in four quarterly

installments of Rsfirst installment failing due on..day ofmonth,

second installment failing due on..day ofmonth, third installment failing

due on..day ofmonth each year.2.

The

second party hereby agrees:-i

to

pay the rent hereby reserved in the manner hereinbefore started.ii

To

pay all rates, taxes and charges which are payable or may so become at a future

date in respect of the said plot of land.1.2.3.

Default

in payment in two consecutive installments of rent shall entitle the first

party to enter upon the said land and determine the lease.IN WITNESS WHEREOF

the first and second party have signed this contract on this day and year first

above mentioned.Signed bySigned

by1st party2nd

partyIn the presence ofIn

the presence of...........