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  • Third Prty Lease Agreement

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    This lease agreement is between Mr./Mrs. [LESSOR NAME] and IRCON International Limited [LESSEE] for the lease of a flat located at [ADDRESS]. The key terms are: 1) The Lessee will pay Rs. [AMOUNT] in rent per month by the 10th. 2) The lease is for [NUMBER] months from [DATE] to [DATE] for use by an IRCON employee and family. 3) Either party can terminate with one month's notice. The Lessor is responsible for taxes and major repairs, while the Lessee pays utilities and damages during the lease.

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    This lease agreement is between Mr./Mrs. [LESSOR NAME] and IRCON International Limited [LESSEE] for the lease of a flat located at [ADDRESS]. The key terms are: 1) The Lessee will pay Rs. [AMOUNT] in rent per month by the 10th. 2) The lease is for [NUMBER] months from [DATE] to [DATE] for use by an IRCON employee and family. 3) Either party can terminate with one month's notice. The Lessor is responsible for taxes and major repairs, while the Lessee pays utilities and damages during the lease.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    41 views2 pages

    Third Prty Lease Agreement

    Uploaded by

    api-3823524
    This lease agreement is between Mr./Mrs. [LESSOR NAME] and IRCON International Limited [LESSEE] for the lease of a flat located at [ADDRESS]. The key terms are: 1) The Lessee will pay Rs. [AMOUNT] in rent per month by the 10th. 2) The lease is for [NUMBER] months from [DATE] to [DATE] for use by an IRCON employee and family. 3) Either party can terminate with one month's notice. The Lessor is responsible for taxes and major repairs, while the Lessee pays utilities and damages during the lease.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    of 2

    ANNEXURE-III

    THIRD PARTY LEASE AGREEMENT

    This lease Deed is made in New Delhi on _____________ between Mr./ Mrs.
    _______________________________ owner of flat ______________________ ___ _________
    _______________________ and resident of __________________
    _________________________ __________________________
    _____________________________________ hereinafter referred to as the LESSOR and
    IRCON International Limited through its representative Mr. /Mrs.
    __________________________________ hereinafter referred to as the LESSEE.

    The LESSOR hereby agrees to lease to the LESSEE his/ her accommodation flat
    _________________________________________ together with all electrical & sanitary fittings
    and fixtures, under the following terms and conditions:-
    1) The Lessee agrees to pay the LESSOR a monthly rent @ Rs.___________
    (Rupees________________________________________) per month by 10th of every month.

    2) The lease is for a period of ____ months from _________ to __________ and for
    excusive residential use of Lessee’s official Mr. /Mrs.
    __________________________________ and his/ her family.
    3) The lease may be terminated during the currency of lease agreement by giving one
    month’s notice on either side.
    4) All taxes payable to the municipality or any other authority shall be paid by the LESSOR
    at his own cost.
    5) Major repairs of the house shall be done by the LESSOR at his own cost.
    6) The water & electricity charges shall be liable to paid by the LESSEE’s executive
    residing in the premises.
    7) The LESSEE shall be liable to pay breakages, damages to sanitary and electrical fittings.
    etc. during the lease period.
    8) The LESSEE shall not make any structural additions or alterations without the written
    consent of the LESSOR.
    9) The LESSEE shall not sublet the premises without written consent of the LESSOR.
    10) The LESSEE shall give vacant and peaceful possession of the premises on expiry/
    termination of the Lease.
    11) The LESSEE shall pay an advance of Rs. _______________ to the LESSOR as deposit,
    which shall be promptly returned to the LESSOR at the time of vacation of premises.

    IN WITNESS WHEREOF, the parties have set and subscribe their hand in the presence of the
    witness mentioned herein below:-

    __________________________________ ________________________________
    (LESSOR) IRCON INTERNATIONAL LIMITED
    (LESSEE)
    WITNESS:-

    1
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