Construction Lease Agreement

Construction Lease Agreement

These are key clauses of the agreement and must be well thought out to avoid conflicts. 1. The owner accepts the shipwreck to the tenant and the tenant agrees to obtain the land with the land number …………… located on ……………. (described in more detail in the list below), for a period of 99 years at an annual rent of Rs ………… to be paid in advance from the date of the rental deed. The tenant is also required to pay to the municipal body of ………… Government of ………. or a local or other authority. This leasing agreement was concluded on ……… ……..

Day of …………. 2000, between A, son of …………… Residence at …………….. hereinafter referred to as “owner” of a party and B, son of …………….. Residence in ………………….. hereinafter referred to as “the tenant” of the other party. . . .