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Lease Agreement Format

This document is a lease agreement between a property owner (lessor) and the President of Pakistan (lessee) for a bungalow, detailing terms such as lease duration, rent, maintenance responsibilities, and conditions for termination. The lessor agrees to provide necessary utilities and maintain the property, while the lessee is responsible for utility charges and returning the property in good condition. The agreement includes clauses for arbitration in case of disputes and emphasizes that both parties commit to the agreed terms without objection.

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0% found this document useful (0 votes)
49 views2 pages

Lease Agreement Format

This document is a lease agreement between a property owner (lessor) and the President of Pakistan (lessee) for a bungalow, detailing terms such as lease duration, rent, maintenance responsibilities, and conditions for termination. The lessor agrees to provide necessary utilities and maintain the property, while the lessee is responsible for utility charges and returning the property in good condition. The agreement includes clauses for arbitration in case of disputes and emphasizes that both parties commit to the agreed terms without objection.

Uploaded by

umerikhlas93
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

PART-IV LEASE AGREEMENT FOR EXECUTION BETWEEN OWNER AND GOVERNEMT.

(I) Please do not fill in the left over blanks The same shall be filled at the time of execution
of the lease agreement
(II) The owner should personally appear in AGPR office to execute lease agreement on
issuance of sanction

1. THIS INDENTURE is made and entered into at ________________________ on this day the
______________________ ________________ between __________________________________ hereinafter
referred to as “the lesser” (Which expression shall unless repugnant to the context, mean and include his heirs
assignees executors administrator and legal representatives) of the one part and President of Pakistan
________________herein after referred to as “the lessee” (Which expression shall where the context admits be
deemed to include the assignees of the President of Pakistan) of the other part.

2. WHEREAS the said lessor is the owner and in possession of and agreed to give on lease a
_________ storied bungalow on plot No. ________________ MEASURING __________________ Sq. Ft. and the
lessee has agreed to take on lease for a period of ________ year/years the said bungalow consisting of
_____________________________________________________
_________________________________________ hereinafter called the said premises for the office/residential
accommodation of the officers of the lessee.

3. NOW THIS INDENTURE WITHESSETH THAT pursuant to the aforesaid agreement and in
consideration of the rent here in reserved and the covenants and conditions herein contained the lesser do-hereby
grant and demise into the lessee the said premises for the period of ________ year/years commencing from
_______________ which period can be extended if necessary for a further period of one year on the same terms and
conditions if the lessee notifies the lesser one month prior to the termination of the lease otherwise the lease shall
terminate automatically.

4. The rent of the Said premises shall be Rs. ________________


(Rupees.______________________________________________ per month inclusive of fittings and fixtures (which
will be adjusted at the monthly rate of Rs. ____________________________ against the rent in respect of the said
premises until full adjustment thereof. The rent of _________ months has been kept in reserve to meet the repair
chargers etc. which shall be used by the lessee in case the lessor fails to carry out the repairs etc. after he has bee
served with a notice 30 days. It any balance is left out of the said reserve after expiry of the lease period. In case the
lessee is obliged to incur expense in excess of ______________ months rent it will be recoverable form the lessor.
The lessee shall have to render the account to the lessor of the expenditure incurred on repair etc, on his behalf.

5. The lessor hereby covenants with lessee as follow:-

(i) The lessor will pay all rates, taxes and assessment including urban property taxes etc, as assessed and
revised on the said premises by Government or Municipal authority or any other local Provincial or Central
Authorities.
(ii) The lessor shall provide Gas connection up to kitchen and drawing-cum-dinning room and
______________________ Geysers for supply of hot water to ____________________ bath room/rooms
and also _____________________ of ceiling fans, Gas cooking range ________________ gas burners
shall be provided in the Kitchen. The aforesaid rent includes rent for these fixtures and the lessor shall not
claim rent separately for the some.
(iii) The lessor shall have the said premised with washed and repaired every year at his own const.
Distempering shall be done once every two years. It he/shall does not do so , the work will be carried out
at this cost by Pak-PWD after 30 days notice. The charge shall be met form the reserve money referred to
at Para-4, in case of any dispute between the lessor and lessee ovary the expenditure of repairs incurred
by the Pak-PWD on the behalf of the owner, the matter shall be referred to arbitration, Secretary Works
being sole arbitrator. The award given by the arbitrator shall be final and binding on the both the parties.
(iv) The lessor shall take over peaceful possession of the said premises after the expiry of the lease period if it
is desired bye the Government, if the leasor fail to take over the premises, the Government Chowkidar will
be posted in the premises at the own cost.

6. The lessee do hereby covenant with the lessor as follows:-

(i) The lessee shall not carry out any alteration or additions to the premises or demolish any part there of
without the consent of the elssor in writing except non structural repairs these to including minor repairs to
sanitary, water and electrical installations which shall be the responsibility of the lessee
(ii) The lessee shall be responsible for charges and consumption of electricity, Sui Gas, water and
conservancy charges during the subsistence of lease.
(iii) The lessee shall deliver peaceful and vacant possession of the said premises after the expiry of the lease
period in the original condition as far as possible and subject to normal wear and tear.

7. And is also hereby covenanted between the lessor and the lessee as follows:-

(v) Whenever the said premises or any essential part thereof is destroyed or damaged by fire earthquake,
war civil disturbance or any other natural calamity or due to faulty constructions so as to make it unfit for
further tenancy, the lease shall stand terminated at once.
(vi) The opinion of the lessee that the premises or part there of have become unfit for further tenancy, shall be
final.
(vii) If for the reasons stated in sub-para (i) the premises are partially damaged, the lease shall be terminable
on the part of the lessee by 30 days notice.
(viii) Estate Office may terminate a lease agreement in public interest due to charge in Govt. Policy by giving
30 days notice to the owner

No rent shall be payable to the lessor from the date of such termination of the lease; and lessor shall to the lessee the
unadjusted portion of the advance rent paid. If he does not do so, the matter shall be referred to an arbitration,
Secretary, Housing and Works being the sole arbitrator, the award given by the arbitration shall be final and shall by
acceptable to the lessor and the lessee both.

8. THE LESSEE as well as the lessor do hereby irrevocably commit themselves no to dispute or
raise any objection to the agreed amount of rent and the terms and conditions of this lease through the lease period.

9. IN WITNESS WHERE OF THE lessor and the leas have executed this indenture of and here into subscribed
there names and set their respective seal as the date first above written.

FOR AND ON BEHALF OF


WITNESS:
1. ____________________________ AGPR OFFICE
____________________

ADDRESS _____________________ OWNER LESSOR


_____________________

2. ____________________________

ADDRESS _____________________

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