LEASE DEED

THIS INDENTURE OF LEASE made at New Delhi this ________day of
___________.
                                           BETWEEN
Sh. /Smt. __________________Hus/Wo. _____________________R/o
______________ _____________________(hereinafter referred to as the
"Lessor", which expression unless repugnant to the context hereof shall mean
and include her heirs administrators, executors and assigns) of the ONE PART.
AND
Sh. ____________________S/o Shri_______________________, R/o
______________ _________________Doctors Lane, __________________.
(hereinafter referred to as the "Lessee" which expression unless repugnant to the
context thereof shall mean and include his heirs, administrators, executors and
assigns) of the OTHER PART. WHEREAS the lessor is the absolute owner of the
residential property bearing Flat No.
_______________________________________________(hereinafter
"Residential Property").
AND WHEREAS the lessee has agreed to take on lease the said Residential
Property comprising of two bedrooms, drawing-cum-dining, kitchen, one
bathroom, one toilet, one balcony and one scooter garage admeasuring a total
built up area of ____________. (Approximately) or its thereabouts (hereinafter all
of the aforementioned referred to as "Demised Premises") for the residential
purpose of Sh. ______________and his family, such demise being purely
temporary and limited to the period of this lease. Accordingly, the Lessor and
Lessee (hereinafter collectively referred to as the "Parties") are executing this
Lease Deed to reduce the terms and conditions agreed in respect of the
Demised Promises in writing.
NOW THIS DEED WITNESSETH and it is hereby agreed by and between the
Parties hereto as follows:
1. This the lease in respect of the demised premises shall commence w.e.f.
__________________and shall be in force initially for a period of one year
which may be further extended for a period of one more year with an
increase of Rs. ____________ in monthly rent.
2. That the Lessee shall pay to the Lessor, lease rent of Rs. ____________
per month in advance but before the _________of the month through a
cheque drawn in favour of Mrs. _______________.
3. That the Lessee shall pay to the Lessor a sum of Rs.
____________________ as security deposit free of interest which will be
refunded at the time of the premises having been handed back properly to
the Lessor with all the fittings and fixture etc. in good condition, all dues
having been cleared.
4. The Lessee shall pay the Electricity & Water according to the concerned
authorities/Bills.
5. It is further agreed to by and between the parties that after the expiry of
the Term i.e. ______years, the Lease in respect of the demised premises
shall ipso-facto be terminated.
6. That the Lessee shall not make any structural addition/ alternations, but
may install air conditioners or room coolers etc. without damages to the
property.
7. That the Lessee shall not sublet the premises the whole or any part
thereof during the period of tenancy nor will allow at the time of vacating
the premises and will hand over peacefully vacant possession of the
premises to the Lessor or his authorized agent.
8. That the Lessee will use the premises purely for the residential purposes
and shall not use the premises. Nor part of it for any other purpose.
9. That at the time of occupation, the Lessee shall see that all fittings and
fixtures are in perfect order and shall be responsible to restore this in the
same condition in which they have been taken over except natural wear
and tear.
10. That the Lessee shall allow the Lessor or his authorized agent to enter the
said premises at reasonable hours or when necessary for inspection/
repair etc.
11. That day to day repairs arising out of the normal wear and tear or resulting
from any modifications by the Lessee shall be done by the Lessee at his
own cost but any major structural repairs will have to be done by the
lessor at his own cost.
12. That the Lessee or the Lessor has the right to terminate the Lease Deed
with written notice of one month of either party.
13. That the Lessor shall pay all the taxes i.e. house tax, property tax, service
tax etc.
14. That in case of default of non-payment of the Lease amount for the
maximum period of _________months, the Lessee has got to vacate the
premises immediately. No claim whatsoever will be entertained.
15. That the Lessee has agreed to abide by the terms and conditions of the
Lease Deed. In case of failure to comply with any condition the Lessor
shall have option/right to get the premises vacated without any notice.
16. That any dispute related for the aforesaid house shall be subject to the
jurisdiction of the Court at __________.
IN WITNESS WHEROF THE parties have set and subscribed their hand in the
presence of the witnesses mentioned herein below.

WITNESSES:
1.                                                                                          LESSOR


2.                                                                                          LESSEE