Building Lease 1 in Marathi

THIS INDENTURE of lease is made at ................. this ................. day of ................., 2000, between A, son of ................. resident of ................ (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 ........................... a company incorporated under the Companies Act, 1956 and having its registered office at ................. (hereinafter called "the Lessee", which expression shall, unless be 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 building bearing Municipal No. ................. situated at ………………………………………..

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 ................. years 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 bearing Municipal No. situated at …………………………………………… (more particularly described in Schedule I hereto) and hereinafter called as the demised premises, TOGETHER WITH ALL the fixtures and fittings therein, (a complete list whereof is given in Schedule II hereto) TOGETHER WITH the electrical installations and together with the right for the Lessee, its employees, servants, agents, customers and persons authorised by the Lessee in common with the Lessor and all the persons authorised by the lessor to use the entrances, door ways, entrance hall, stair cases, landings and passages in the demised premises for the purpose of ingress thereto, TO HOLD the demised premises unto the Lessee for the period of ................. years only commencing from the ................. and determining on ................. but determinable earlier as hereinafter provided PAYING therefor unto the Lessor during the said term monthly rent of Rs.................. payable by the tenth of each succeeding calendar month to which it relates.

2. The lessee hereby covenants with the lessor as follows:

1. To pay the rent as aforesaid on the days and in the manner aforesaid.
2. To pay rates, taxes, assessment, duties, cess, impositions, outgoings and burdens whatsoever payable to State of .................. Municipal Corporation of.................. local or other authority, which may at any time or from time to lime during the term hereby created be imposed or charged upon the demised premises.
3. To pay the electricity bills for the electricity consumed for lighting the demised premises and for operation of Air Conditioners, Fans, Computers and electrical appliances in the demised premises.
4. Not to make any structural alterations into or upon the demised premises or make any alterations or addition to the external appearance or any part of the demised premises without the previous consent of the Lessor in writing.
5. To use the demised premises for office purposes of the Lessee.
6. 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 any way interfere with the quiet or comfort of the Lessor or other Lessees and occupiers of the said building.

Building Lease
 

This Indenture made at ___________ this ______ day of_____ 201___ between ABC of __________, Indian Inhabitant, hereinafter called ?The Lesser? (which expression shall unless it be repugnant to the context or meaning thereof be deemed to include his heirs, executors, administrators and assigns) of the One Part, and XYZ also of _________, Indian Inhabitant, hereinafter called ?The Lessee? (which expression shall unless it be repugnant to the context or meaning thereof be deemed to mean and include his heirs, executors, administrators and permitted assigns) of the Other Part;

Whereas :?

(a)  The Lesser is seized and possessed of or otherwise well and sufficiently entitled to the plot of land situate at Peddar Road in Mumbai and more particularly described in the Schedule hereunder written with the building and structures standing thereon.

(b)  The Lesser has agreed to demise to the Lessee the said Plot of land together with the building and structures standing thereon or which may hereafter be erected thereon for the period and at the rent and upon the terms and conditions therein contained.

(c)  At the request of the Lessee, the Lesser has agreed to execute these presents in favor of the Lessee.

Now this indenture witnesseth as follows :?

1.   In consideration of the rent and Lessee?s covenant hereinafter reserved and contained he the Lesser doth hereby demise Unto the Lessee All That piece of land situate at Peddar Road and more particularly described in the Schedule hereunder written and also the structures and buildings now standing thereon and shown in pink wash delineated by red colored boundary line on the plan thereof hereto annexed together with structures hereafter to be erected thereon by the Lessee TO Hold Unto the Lessee the premises hereby demised (hereafter for brevity?s sake referred to as ?the demised premises?) from the _______day of  _______ Two thousand ___ for the term of 999 years (nine hundred and ninety-nine) yielding and paying therefore during the said term yearly and proportionately for any fraction of a year the rent of 
 Rs. _______ (Rupees __________________ only) to be without any deduction by first day of ___________, the first day of ____________ and the first day of _____________ each year the first payment shall be made on _____________ And also yielding and paying in the event of the said term being determined by re-entry under the provisions in that behalf hereinafter contained a proportionate part of the said rent for the fraction of the current quarter forthwith on such determination.

2.   The Lessee doth hereby expressly covenants with the Lesser as follows :?

(a)  That he will during the said term pay to the Lesser the yearly rent hereinbefore reserved without deduction upon the days and in the manner aforesaid and in the event of failure to pay the rent for any quarter within seven days after the same shall fall due pay interest on such quarterly installment of rent in arrears  at the rate of 15 per cent per annum from the date on which the same ought to have been paid to the date of actual payment such interest being recoverable as if the same formed part of the rent and will carry compound interest at the same rate with six monthly rests and that this provision of interest shall be without prejudice to the other rights and remedies of the Lesser.

(b)  That he will also pay and discharge all rates taxes, charges, duties, burdens, assessments, outgoings and impositions whatsoever now pay?able or hereafter during the said term to become payable and now or hereafter during the said term assessed charged or imposed upon the demised premises or any part thereof or upon the buildings or struc?tures for the time being standing thereon or the buildings to be hereafter erected whether payable by landlord, tenant or occupier in respect thereof respectively.

(c)  That he the Lessee will at his own expense and cost construct and complete within a period of ..................... ............... years from the date of these presents upon the land hereby demised a new building or buildings with all requisite and proper sewers, drains and other conveniences thereto including boundary walls with new materials in a proper workman like manner. The Lessee will for the aforesaid purpose be at liberty to demolish the existing structures comprised in the demised premises PROVIDED HOWEVER AND IT IS HEREBY AGREED AND DECLARED that in default of the Lessee constructing and completing within a period of five years from the date hereof (time being of the essence of the contract) a building or buildings as hereinabove provided the Lessee shall pay to the Lesser a sum of Rs................................... (Rupees .............................................) only as and by way of Liquidated damages without prejudice to the Lesser right to terminate the Lease and to re-enter upon the demised premises in the manner set out in clause 3 hereof.