Professional Documents
Culture Documents
This Deed of Lease has entered into the 14th of March 2014 between,
Smt. H.B.Bhagya, aged about 59 years, W/O P.N.Chandrashekar, residing at
No.1/7, P.V.N. Block, Adipampa Road, V.V.Mohalla, Mysore-2 hereinafter called
as the LESSOR of the First party,
AND
M/S BSR INFRATECH INDIA LTD,#851,D Block,15th cross,sahakar
nagar,Bangalore-560092.
8. The Lessee is hereby undertakes for any reason in the Lessee commits any
breach of all or any of the conditions mentioned above in such an event
the Lessor has every right to evict the Lessee from the schedule premises.
9. The right of extension of the lease period will be with the lessee subject to
the acceptance of the Lessor. The option of extension of lease period by the
Lessee shall be intimated by Lessee to the Lessor through a written notice,
30 days prior to the expiry of the agreed lease period. Wherein the lessor
shall intimate Lessee about acceptance or refusal of extended lease period
within 7 days from the date of receipt of written Notice as mentioned
above. In case the Lessor failed to cause a reply to the Lessee within the
prescribed period it is agreed that the extension period of lease offered by
lessee is deemed to be accepted by the Lessor.
10.It is agreed between the lessor and the Lessee that option of further
extension of lease period by the Lessee shall be for a maximum period of
one year excluding the lease period motioned under this Lease Deed.
11.It is agreed that in case of the Lease that the schedule has to be returned
back to the lessor in the same condition when it was taken for the lease,
12.Wherever the work Lessee and Lessor is mentioned the same shall
include their respective legal heirs, administrators, assigns, legatees and the
person or persons claiming through or under the said persons.
13.The lessee agreed that the tenure period will be completed by him, in case
of vacating before the tenure period the caution deposit (advance) will be
paid by the lessor after the completion of the tenure period only.
14.The lessor will keep with him the rites of extending the tenure of the lessee
at his discretion and at the time of vacating the lessor deducts 10% of the
caution deposit (advance) amount for painting and maintance and rest will
be paid to the lessee. In case the lessee as done any damage for the said
schedule the bearing amount need to be paid by the lessee only and
binding.
Schedule
House Door. No. 1/4 (House), P.V.N. Block, Adipampa Road, V.V.Mohalla,
Mysore-2, bounded on the
South by: private property,
North by:- first party property,
East by:- adipampa road.
West by:- shops,
The Lessor and the Lessee are hereby affix their signature to this Deed
in the Presence of the following witnesses of lease on this the 4th day of june
2014 at Mysore.
Witnesses:
1.
First Party
LESSOR
From the second party Rs
90000/as been taken
as
Caution
deposit
(advance)
2.
Second Party
LESSEE
Receipt
The lessor as taken a sum of Rs.90000/-(ninty thousand) towards the caution deposit
(advance), for the House Door. No. Bearing, 1/4 (House), P.V.N. Block, Adipampa Road,
V.V.Mohalla, Mysore-2, from the lessee.
Lessor
LESSOR
LESSEE
LEASE AGREEMENT
This Deed of Lease has entered into between Sri P.N.Chandra Shekar, aged about
66 years, Son of Late Sri.P.V.Narayanswany, residing at No.1/7, P.V.N. Block,
Adipampa Road, V.V.Mohalla, Mysore-2 hereinafter called as the LESSOR of the
First party,
AND
right of inspection of the schedule shops premises within the reasonable time
that is during the business hours.
8.The Lessee is hereby undertakes for any reason in the Lessee commits any
breach of all or any of the conditions mentioned above in such an event the
Lessor has every right to evict the Lessee from the schedule shops premises.
9.The right of extension of the lease period will be with the lessee subject to
the acceptance of the Lessor. The option of extension of lease period by the
Lessee shall be intimated by Lessee to the Lessor through a written notice, 30
days prior to the expiry of the agreed lease period. Wherein the lessor shall
intimate Lessee about acceptance or refusal of extended lease period within 7
days from the date of receipt of written Notice as mentioned above. In case
the Lessor failed to cause a reply to the Lessee within the prescribed period it
is agreed that the extension period of lease offered by lessee is deemed to be
accepted by the Lessor.
10.It is agreed between the lessor and the Lessee that option of further
extension of lease period by the Lessee shall be for a maximum period of two
years excluding the lease period motioned under this Lease Deed.
11.It is agreed that in case of the Lease period is extended beyond the agreed
period of 24 months, the Lessee is agreed to pay 10% enhanced rent shall be
only after the period of every two years inclusive of 24 months period agreed
in this deed.
12.Wherever the work Lessee and Lessor is mentioned the same shall
include their respective legal heirs, administrators, assigns, legatees and the
person or persons claiming through or under the said persons.
Schedule
House No 159/5B measuring each about 10x16 and 8x16 situated at
opposite kuvempu Trust Building, Vijayanagar I stage, Mysore, bounded on
the south by: MUDA Site, North by:-MUDA Site, East by:-Sri
Ramachandras House, West by:- Main Road
The Lessor and the Lessee are hereby affix their signature to this Deed
in the Presence of the following witnesses of lease on this the 1 st day of
august 2011 at Mysore.
Witnesses:
1
First Party
LESSOR
Second Party
LESSEE