Sample Deed Of Lease Agreement

DEED OF LEASE AGREEMENT

This mutual agreement is signed between the parties on this 1^st day of June 2013 A.D.

BETWEEN

Mrs. Amena Begum, D/O Late shohor Ali, 196 Fakirerpool (2^nd floor), Dhaka- 1000, hereinafter referred to as the house owner (ON THE FIRST PARTY)

AND

Hazi Md. Kamal Hossain, S/O Late Alhajj Abdul Gofur, am the proprietor of Rupshi Net, 196 Fakirerpool (4^th floor), Dhaka- 1000, hereinafster referred to as the house tenant (ON THE SECOND PARTY)

WHERE AS:

The house tenant has proposed to take the house for Rupshi Net as rental basis and house. Owner has accepted the proposal and has. Been agreed under the following terms & conditions.

TERMS AND CONDITIONS ARE AS FOLLOWS:

01.       The house tenant will pay Tk. 2,00,000.00 (Two lac only) as advance to the house owner and the same will be refunded to house tenant at the time of vacating the house after including the cost of damages (if any).

02.       The initial term of this Agreement shall be for a period of 5 (five) years affecting 1^st june 2013 to 31 st May 2018.

03.       Unless terminated as provided herein, Upon expiration of the “Initial term”, this agreement shall be renewed automatically for successive 1 (One) year terms.

04.       That monthly rent of the house has been fixed tk. 10,000.00 (ten Thousand only).

05.       that the house tenant will pay the monthly rent to the house owner within the first week of every month.

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06.       That the house tenant shall not do anything which may cause any harm of damage to the building or the neighboring premises which may harm the atmosphere of the surrounding area.

07.       That the house tenant shall the Electricity bill, Water Bill and expenditure in connection with run the house.

08.       That the house tenant has no right to change, alter, extent any part of the house without prior permission of the house owner.

09.       That the major repair/maintenance will be carried out by the house owner but minor repair/maintenance will be carried out by the house tenant.

10.       That after three years rent will be re-fixed by the consent of both parties on the basis of that time market standard rent.

11.       That to break the contract, 3 (three) monthly notice must be issued by either of partied.

SCHEDULE OF THE SPACE

House space 760 Saft. 196 Fakirerpool (Ground floor), Dhaka- 1000, Bangladesh.

Therefore in the presence of the under-mentioned witness this lease agreement has been executed and signed with full consent satisfaction by the both parties.

First Party: Signature by Name : Mrs. Amena Begum Witness 1 for first party Signature by:

Second Party:             Signature by              Name : Hazi Md. Kamal Hossain             Witness 1 for Second party                                     Signature by: