TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE

Select State / UT*

Stamp paper shown for illustration only — not included in your download.

Non-Judicial

TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE

AND THE GUARANTOR

THIS AGREEMENT of Lease made at .................... this .................. day of ................, 2000, between ABC Co. Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at .................... (hereinafter referred to as "the lessor") of the FIRST PART and XYZ Co. Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at ................... (hereinafter referred to as "the lessee") of the SECOND PART and M, son of .................... resident of ..................... (hereinafter referred to as "the Guarantor") of the THIRD PART.

WHEREAS on the request made by the Lessee, the Lessor has agreed to purchase the equipment, more particularly described in the Schedule hereto (hereinafter referred to as "the Equipment") at the price mentioned in the proposal form signed by the Lessee.

AND WHEREAS the Lessee has offered to take the equipment so purchased by the lessor.

AND WHEREAS the Guarantor has agreed to stand surety for the payment of lease rentals and observance and performance of covenants, stipulations and terms and conditions of this agreement.

AND WHEREAS the Lessor has agreed to purchase and lease the said equipment to the Lessee upon the terms and conditions hereinafter appearing.

NOW IT IS HEREBY AGREED AS FOLLOWS:

1. In pursuance of the said agreement and in consideration of the lease rent hereby reserved and of the covenants, stipulations and terms and conditions herein contained and on the part of the lessee to be observed and performed, the Lessor doth hereby grant the lease of the equipment unto the Lessee upon the terms and conditions hereinafter mentioned for the term of ............... years commencing on the .................... day of ...................., 2000.

2. The Lessee shall pay to the Lessor lease rent at the rates on the days and in the manner specified in the Schedule hereunder written without deduction or abatement in advance on the 1Oth day of each calendar month, the first such payment to be made on the .................... day of .................... and if the lease rent is not paid on the due dates, the Lessee shall pay interest thereon at the rate of .................... % per month from the due date till payment.

3. The equipment shall be delivered to the Lessee by the manufacturer at the Lessee's factory at the address specified in the Schedule and the Lessor will not be liable for any loss or damage caused to the equipment before or in the process of transportation or delivery of the equipment.

4. The Lessee acknowledges, declares and agrees that:

(i) the equipment is of a size, design, capacity and manufacture selected by the Lessee;

(ii) the Lessee has selected the equipment and the manufacturer based on its own judgment;

(iii) the Lessor is not the manufacturer or supplier of the equipment and it has not made any representations or statement about the equipment and the Lessee disclaims any reliance on the statement made by the Lessor, if any relating to the equipment;

(iv) the Lessee has not given any warranties express or implied on to any matter whatsoever including the condition, fitness or merchantability of the equipment or suitability of the same for any purpose;

(v) the Lessor will not be liable to the lessee for any liability, claim, loss, damage or expenses of any kind or nature whatsoever arising from the leasing, installation, use or operation of the equipment or its failure to operate or perform or otherwise howsoever.

5. The lessee shall throughout the said term:

(i) Pay the lease rentals and other amounts regularly and punctually payable hereunder.

(ii) Keep and maintain the equipment in good and substantial

Download PDF₹49 Download Word₹49

100% Legally Valid Format · 2026
Instant Download

0 people have downloaded this document

About this agreement

This TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE is a ready-to-use legal template under the General Agreements collection on Contract Easily. It provides a structured format that you can customise with parties, dates, and particulars before execution.

When this document may be used

Use this template when you need a formal tripartite lease agreement between lessor, lessee for submission before a court, notary, registration authority, or other competent body, as applicable to your facts.

What to complete

Fill every blank carefully. Names, addresses, dates, and amounts should match your supporting records. Do not leave optional fields incomplete if the receiving authority requires them.

Execution

Sign only before the appropriate notary public, oath commissioner, registrar, or other authorised official. Stamp paper value and attestation rules vary by State.

Important legal note

This template is a general format and is not a substitute for advice from a qualified advocate. Have the completed document reviewed where significant rights or disputed facts are involved.

Important Guidelines

Use this TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE template after confirming it matches your purpose and jurisdiction.

Drafting and execution guidance:

Read the full template and identify every blank or placeholder.
Enter parties' full legal names exactly as on identity documents.
Complete addresses with PIN code, city, district, and State where required.
Insert correct dates in the format expected by the receiving authority.
Fill any schedule, annexure, or schedule of property / particulars carefully.
Remove unused optional clauses only after legal review.
Check spelling of all names against Aadhaar / PAN / passport records.
Print on the stamp paper denomination required in your State (if applicable).
Sign only before the notary / oath commissioner / registrar — not in advance.
Keep attested copies and supporting documents for filing or registration.
Confirm local filing, court fee, or registration requirements before submission.
Consult a qualified advocate if the matter is contested or high-value.

Caution: Incomplete or incorrectly attested documents are often rejected. Match every particular to your source records.

Supporting Documents

Documents commonly required when preparing and executing a TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE. Exact lists vary by State and receiving authority.

Photo identity proof of parties / deponent
Aadhaar, PAN, passport, voter ID, or driving licence.
When: Always, for identification and KYC.
Address proof
Aadhaar, utility bill, or other accepted address proof.
When: Usually required for notarization / filing.
Supporting title or factual documents
Prior deeds, agreements, notices, court papers, or records relevant to this template.
When: When the document relies on earlier transactions or proceedings.
Passport-size photographs
As required by the notary or filing office.
When: Often for affidavits and certain applications.
Stamp paper (if applicable)
Non-judicial stamp paper of the local required denomination.
When: Where State law requires the instrument on stamp paper.

Frequently asked questions

What is a TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE?→

It is a standard legal template you can customise and execute for the purpose indicated by its title, subject to applicable Indian law and local practice.

Do I need a lawyer to use this template?→

The template helps you start with a correct structure. For disputed, high-value, or complex matters, have a qualified advocate review the completed draft before signing.

Is notarization or registration required?→

It depends on the document type and your State. Many affidavits need notarization; some deeds need registration. Confirm with the receiving authority or your lawyer.

Can I edit the wording?→

Yes — adapt particulars to your facts. Do not delete operative legal clauses without advice, as that can weaken enforceability.

What stamp paper value should I use?→

Stamp duty is State-specific and document-specific. Check your State’s stamp schedule or ask a local advocate / stamp vendor.

Select State / UT*

TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE

Stamp paper shown for illustration only — not included in your download.

Non-Judicial

TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE

AND THE GUARANTOR

AND WHEREAS the Lessee has offered to take the equipment so purchased by the lessor.

AND WHEREAS the Guarantor has agreed to stand surety for the payment of lease rentals and observance and performance of covenants, stipulations and terms and conditions of this agreement.

AND WHEREAS the Lessor has agreed to purchase and lease the said equipment to the Lessee upon the terms and conditions hereinafter appearing.

NOW IT IS HEREBY AGREED AS FOLLOWS:

4. The Lessee acknowledges, declares and agrees that:

(i) the equipment is of a size, design, capacity and manufacture selected by the Lessee;

(ii) the Lessee has selected the equipment and the manufacturer based on its own judgment;

5. The lessee shall throughout the said term:

(i) Pay the lease rentals and other amounts regularly and punctually payable hereunder.

(ii) Keep and maintain the equipment in good and substantial

Download PDF₹49 Download Word₹49

100% Legally Valid Format · 2026
Instant Download

0 people have downloaded this document

TRIPARTITE LEASE AGREEMENT BETWEEN LESSOR, LESSEE

About this agreement

When this document may be used

What to complete

Execution

Important legal note

Supporting Documents

Frequently asked questions

Related documents

When this document may be used

What to complete

Execution

Important legal note