Perpetual
Lease Of A Land
THIS CONTRACT OF
LEASE entered into on the..day of.between X son of.r/o..(hereinafter called
first party) and Y s/o.r/o(hereinafter called the second party) witnesses as
follows :-
1. The first party hereby agrees to lease
out the plot of land number . situated in ..in the District ..of.., move
precisely described in the schedule annexed herewith , to the second party from
the date of this lease in perpetuity on payment of yearly rent of Rs. payable
in four quarterly installments of Rs. first installment failing due on..day of month,
second installment failing due on..day of month, third installment failing due
on..day of month each year.
2.
The second party hereby agrees:-
(i) to pay the rent hereby
reserved in the manner hereinbefore started.
(ii) To pay all rates, taxes and
charges which are payable or may so become at a future date in respect of the
said plot of land.
3. Default in payment in two consecutive
installments of rent shall entitle the first party to enter upon the said land
and determine the lease.
IN WITNESS WHEREOF
the first and second party have signed this contract on this day and year first
above mentioned.
Signed by Signed by
1st party 2nd party
In the presence of In
the presence of
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