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In the event of a default for a period of ten (10) days in the payment of rent, the Lessor, without prejudice to any other rights or remedies that it may have, shall have the right, immediately or at any time thereafter, to re-enter the premises and remove all persons and property from the premises and relet the ...
It is a one-time payment. This payment is refundable while vacating the house. This deal involves hefty payment so execute lease agreement with notary public.
A land lease contract, also known as a land agreement or ground lease, is a contract that allows a landowner (landlord) to rent their land to another person or company (tenant). The land may be used by the tenant for multiple uses ranging from agricultural to residential or commercial purposes.
The Lessee has paid to the Lessor / s a sum of Rs. _________ only being ___________ month / s rent in respect of the 'said premises' as deposit of rent to be adjusted towards the rent for the last ____________ month / s of the tenancy. also be borne and paid by lessor (landlord).
What to Include in a Land Lease Agreement Names of Parties: Clearly state the full legal names and contact information of the landowner and the tenant. Property Description: Provide a detailed description of the leased land, including its address, boundaries, and any structures or improvements on the land.