Commercial Property Rental Agreement
THIS INDENTURE of lease is made at City__________________ this Day, Month ____________________ of Year ______,
between Lessor Name _________ W/O _____________, resident of Address _________________________________________
__________________________________________________________________________,(hereinafter called “the Lessor”, which
expression shall, unless repugnant to the context and meaning include his heirs, successors,
administrators and assigns) of the ONE PART and Lessee Name ______________________________________________,
resident of Address _______________________________________________________________________________________________,
(hereinafter called “the Lessee”, which expression shall, unless repugnant to the context and meaning,
include its successors and assigns) of the OTHER PART.
WHEREAS the lessor is absolutely seized and possessed or otherwise well and sufficiently entitled to the
premises at Lease Property Address _____________________________________________________________________________
with a total area of Lease Property Area _________________________________________________________________________
AND WHEREAS on the request of the Lessee, the Lessor has agreed to grant lease in respect of the demised
premises for a term of Lease Term in Months ___________________________ in the manner hereinafter appearing.
NOW THIS DEED WITNESSETH AS FOLLOWS:
1. In pursuance of the said agreement and in consideration of the rent hereby reserved and of the
covenants, conditions and stipulations hereinafter contained and on the Lessee’s part to be paid,
observed and performed, THE LESSOR HEREBY DEMISES UNTO THE LESSEE ALL THAT the building
situated at Lease Property Address, ____________________________________________________________________________________
_______________________________________________________________________________________ and hereinafter called as the
demised premises, TOGETHER WITH ALL the fixtures and fitting therein, TOGETHER WITH the
electrical installations and persons authorized by the lessor to use the entrances, doorways, entrance
staircases, in the demised premises for the purpose of ingress thereto,TO HOLD the demised premises
unto the Lessee for the period of Lease Term in Months ___________________________ only commencing from the
Lease Deed Start Date _____________________________ and determined on Lease Deed Signing Date _____________________
but determinable earlier as herein after provided PAYING there for unto the Lessor during the said
term monthly rent of Rs. (Lease Amount per Month) 25,000 payable by the Date of Monthly Payment 1st date
of each succeeding calendar month to which it relates & an Interest free deposit of Rs 25,000
Refundable at time of vacant without any Interest.
2. The lessee hereby covenants with the lessor as follows:
a. To pay the rent as aforesaid on the days and in the manner aforesaid.
b. To pay the electricity bills Every Month’s 1st Date with 12 Rs Per Unit by sub-miter reading
for the electricity consumed for lighting the demised premises and for operation fans,
computers and electrical appliances in the demised premises.
c. Not to make any structural alterations into or upon the demised premises or make any
alterations or additions to the external appearance or any partof the demised premises without
the previous consent of the Lessor in writing.
d. To use the demised premises (shop no-_15,Saraswati Vihar, Housing Board complex 1st
floor) without any roof right) for office purposes of the Lessee.
a. Not to do or suffer to be done in or upon the demised premises or other parts of the said
building in common with other persons anything whatsoever, which may be or become a
nuisance or annoyance to or in anyway interfere with the quite or comfort of the Lessor or
other Lessees and occupiers of the said building.
b. Not to place or keep or permit to be placed or kept on the demised premises any offensive,
dangerous or highly inflammable or explosive material or any other article or things, which
may constitute a danger, nuisance or annoyance to the demised or surrounding premises or
the owners or occupiers thereof.
c. Not to sub-let, transfer, assign or part with the possession of the demised premises or any
part thereof.
d. To permit the Lessor, his servants, employees or agents duly authorized byhim to enter into
and upon the demised premises at all reasonable times for viewing the condition of the
demised premises or doing such works orthings as may be requisite or necessary.
e. To hand over the peaceful possession of the demised premises at the end or the sooner
determination of the said term together with all the Lessors fixtures and fittings in as good
condition as received, fair wear and tear, damage by fire, acts of God, riots or other civil
unrest, war, enemy action and/or other cause not within the control of the Lessee, being
excepted.
f. Not to obstruct or suffer to be obstructed the entrance, doorways, passages, staircase or lifts.
g. To replace all broken fittings and fixtures by equally good or better substitutes.
3. To Lessor doth hereby covenant with the Lessee as follows:
a. That on the Lessee paying the rent on the due dates thereof and in the manner herein provided
and observing and performing the convents, conditions and stipulations herein contained and
on his part to be observed and performed, shall peaceably and quietly hold, possess and enjoy
the demised premises during the term without any interruption, disturbance, claim and
demand by the Lessor or any person lawfully claiming under or trust for the Lessor.
b. To keep the interior, exterior of the demised premises, the drainage thereof in good and
tenable repair and condition.
c. To keep the entrance, doorways, staircases, lobbies and passages in the said building leading
to demised premises well and sufficiently cleaned and lighted at his own expense.
d. To pay rates, taxes, assessment, duties, impositions, outgoings and burdens whatsoever
payable to State or local or other authority, which may at any time or from time to time during
the term hereby created be imposed or charged upon the demised premises.
4. It is hereby agreed and declared that these presents are on the express condition,that if the rent or any
part thereof payable in respect of the demised premises shallbe in arrears for a period of 10 Days or by
if the Lessee shall omit to performor observe any covenants or conditions on the Lessee’s part herein
contained, theLessor may re-enter upon the demised premises provided that the Lessor has served a
notice to the Lessee and a period of one month has elapsed after the issue of such notice, the Lessee
does not pay the rent or does not perform or observe the covenant or condition and thereupon this
demise and all rights of theLessee hereunder shall determined.
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 marginal notes and the catch lines hereto are meant only for convenience of references and shall
not in any way be taken into account in the interpretation of there presents.
IT IS HEREBY EXPRESSLY AGREED BETWEEN THE PARTIES AS FOLLOWS:
a. The lessee shall be entitled to erect fittings, fixtures, wooden partitions, cabins or make any
such additions or alterations, as may be necessary for its use by the Lessee; provided that the
lessee shall remove the said fittings,fixtures, wooden partitions, cabins, additions or alterations
and restore the demised premises to the Lessor on the expiry of the term of sooner
determination of the lease in the same condition as existed before making such changes.
IN WITNESS WHEREOF, the Lessor has set its hands unto these presents and a duplicate hereof and the
Lessee has caused its common seal to be affixed hereunder and a duplicate hereof on the day, month and
year first hereinabove written.
For Lessor, For Lessee,
Name-
Name-
Address- Address-
Witness 1: Witness 2:
Name-
Name-
Address- Address-
