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Lease Of A House On Monthly Tenancy Legal Draft Template

Category Agreements Lease Lisence And Lease Financing
Format
File name Lease of a House on Monthly Tenancy

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This Agreement of

Lease is entered into on. Between X son of Y r/o .. (hereinafter

addressed as the lessor) and A son of B r/o .(hereinafter

addressed as the lessee)Both The Lessor And

The Lessee Agree On The Following Terms And Conditions Of This Agreement Of

Lease:1.

That

the lessor is owner and landlord of the House No. . situated in .

which he has agreed to let to the lessee at the rent of Rs. Per month to

the lessor payable on the first day of each month in advance. The lessee agrees

to take the aforesaid house on lease at the aforesaid rate of rent.2.

That

the lease is to commence with effect from .. and the duration of the lease

shall be eleven months from the date of its commencement.3.

That

the lessee shall be responsible for keeping the leased premise in good shape.

He shall keep all the fixtures, electric fittings and water connection in good

running condition However, the lessor reserves for himself the right to inspect

the premises at all reasonable times and shall have the premises white washed

and effect the substantial repairs.4.

That

the lessee shall use the premises exclusively for the residential purposes and

shall not sublet the premises without the written permission of the lessor.5.

That

the lessee shall pay the water-tax and electricity charges in respect with the

leased premises to the lessor in addition to the payment of rent as aforesaid.6.

That

the lessee shall deliver the peaceful vacant possession of the premises to the

lessor at the termination of the period of lease. Lessee intending to vacate

the premises at an earlier date, shall give a notice of his intention to the

lessor to vacate the premises at the expiry of the period mentioned in the notice.IN WITNESS WHEREOF

the lessor and the lessee have signed this deed on the day and year first above

written.Signed by Signed by..(The lessor) (The

lessor)In Presence of In

presence of1. 1.2. 2

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