Sample of Lease Agreement

 

(For Islamabad)
 
 
 This lease Agreement is made at Islamabad on this ______________ day of _________ ,2006 between Mr.______________ S/o________________ R/o ___________________ having
 NIC________________ hereinafter reffered to as the “LESSOR” of the first part ,
 
 AND
 
 Mr.______________ S/o __________________ R/o _________________ having
 NIC_________________, hereinafter reffered to as the “LESSEE” of the second
 part.
 
 WHEREAS the lessor above named is the sole and absolute owner of House _______
 Street____ Sector_________ Islamabad ,equipped with all necessary fittings and
 fixtures, hereinafter reffered to as the “SAID PREMISES”.
 
 WHEREAS the lessor has agreed to let out the said premises and the lessee has
 also agreed to take the said premises on rental basis on terms & conditions as
 hereunder:-
 1. That the lease agreement shall be deemed to be effective from _______ ,
 for a period of _______ years , While after 1 year the rent of the said
 premises shall be increased @ 8 % .
 2. That the MONTHLY rent of the said premises has been mutually agreed
 upon at Rs._______ (Rupees _______________________only) .
 3. That the lessee has paid to the lessor Rs
 ________/-(Rupees___________________ only), as ______ month,s ADVANCE RENT
 and Rs._______/-(Rupees _____________________ only) being the SECURITY DEPOSIT
 which shall be refunded to the lessee at the time of vacating the said premises
 and handing over its vacant and physical possession to the lessor, subject to
 adjustment of any loss damages or dues, if any, thus the lessee has paid to the
 lessor total sum of Rs___________/-(Rupees ____________________ only) through
 cheque No. _________drawn on _______________________________ .
 4. That after the expiry of ____ month,s lease period, the RENT of the said
 premises shall be paid by the lessee on _____ monthly basis in advance to the
 lesor.
 5. That the lesse shall keep the said premises in good condition and in
 case of any loss or damage to any item of the said premises, the lessee shall
 be liable to repair or replace the same at his own cost.
 6. That the lesse shall not make any structural addition/ alteration
 without written permission of the lessor.
 
 7. That one month,s porior notice shall be served on either side in case
 premises is
 To be vacant before the expiry of lease period .
 8. That the lessee shall permit the lessor or his nominee, during
 reasonable time of
 The day, to enter and to view the state of the condition therefore or for any
 reasonable purpose as may be required, with the permission of the lesse.
 9. That the lessee shall use the said premises at his own residential
 purposes and
 Shall not sub-let it or portion therefore to anybody else.
 10. That if the lesse wants to install telephone connection in the said
 premises at his
 Own cost and expenses, then lessor will have no objection.
 11. That the lessee shall pay regularly all the dues for consumption of
 gas,water,
 Electricity and telephone charges to the concerned departments during the period
 of his stay in the said premises and will show the receipts of the paid bills
 to the lessor, if desired by him.
 12 That the minor repairs will be made by the lessee whereas the
 responsibility of
 major repairers rests with the lessor
 
 
 IN WITNESS WHERE OF, both the parties have set and subscribed their
 respective hands to this deed on this day of above mentioned date in the
 presence of witness.
 
 
 
 
 
 LESSOR: _________________________ LESSEE: __________________________
 
 
 
 
 WITNESS:
 
 
 1)____________________________ 2)____

The Millennium Builders

We have introduced Client Relationship Management and a system for individual performance and career management as part of a total performance management programme. Total performance management endorses three performance standards which represent non-negotiable minimum standards of behaviour - we will serve our clients, support our people and aspire to leadership in field of Real Estate.

TMB Services

Millennium offers a comprehensive suite of commercial real estate services, including transaction, management, financial and advisory services. We’ve designed our corporate structure to best serve our clients by enhancing collaboration across our organization; whether you are a user/occupier or an owner/investor, organized to deliver truly integrated solutions to meet your unique needs.

Contact Numbers

Feel free to contact us anytime

  Phone: +92 322 322 7001

 Phone: +92 301 531 6151

 Phone: +92 343 948 3955

 Phone: +92 334 537 1058

 Phone:   +1 780 709 4405

Email : info@themillenniumbuilders.com 

Our Locations

National Head Office:

Office#9, Lane#3, Block 2, Ground Floor Time Square Bahria Town Phase 7 ISLAMABAD

Overseas Office:

10830 107 Ave NW #206, Edmonton, AB T5H 3B5, CANADA

Islamabad Office:

Office No. 10, 1st Floor, Salma Plaza Double Road, F-10 Markaz, ISLAMABAD.