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A lease deed is a contract between a lessor and lessee, which states that the lessor would receive a payment in exchange of allowing the lessee to occupy and use the property. In this agreement, the lessor is the landlord, and the lessee is the tenant of the property. It defines the terms and conditions that govern the relationship between a landlord and a tenant during the period of the lease. It is required when the property is leased for the period ranging from one to five years or even longer. The lease deed plays a crucial role to govern the relationship between the lessor and lessee and the provisions bound on both the parties.
CONTENTS
The provisions that shall be included in the lease deed are as follows:
Description of Property: It must contain the description of the property like location, area, address, furniture and fittings, structure, etc.
Time Duration: It must mention the period until which the lease deed will be valid. It can also include the information relating to the renewal of the lease deed if both the parties wish to renew and continue their contract.
Maintenance, Security and Rent: This clause should clarify the rent, due dates, mode of payment, security deposit, interest on delay in payment, etc. It should also include the details for paying any utility bills, society charges, maintenance charges, etc.
Termination: The deed must state the reasons for terminating the agreement by stating the reason for the same as a breach of the deed, failure to pay rent amount, use of the property for illegal acts, nuisance by the tenant, etc.
Subletting: The deed must state whether the tenant is permitted to sublet the property or not.
Resolution of Dispute: The lease deed must mention how the legal disputes arise due to the breach of the provisions mentioned in the lease deed. It may include any ADR processes like arbitration, mediation, etc.
Applicable Laws: The lease deed should mention one clause related to the applicable laws in case of dispute and under which court the jurisdiction will deal the matters.
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Connect with a Legal Expert easily Legato is your one stop destination with everything related to legal. It empowers you with access to a network of verified lawyers providing their services at all costs. Moreover, our dedicated Case Follow-Up Manager will assist and update you with the progress.
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Quick results Once, the legal expert is finalized, you are ready for quick action related to your work. Majority of the lawyers will share a time estimate of what to expect moving forward.
You need to select one of the Lawyers considering your case category and profile of the Lawyers. Once you are sure with the Lawyer, you need to select call option given in the profile page of the Lawyer, in the website as well as in the mobile app. After selecting the call option,the time slot needs to be selected, and payment needs to be made for confirmation of the call consultation. At the selected time our system shall connect you and Lawyer We have half an hour time slots placed for every call consultation and after said time slot selected call shall automatically get disconnected.
Kindly make sure that you keep all information and documents about the matter handy before the time of call so that to avoid any delays.
In an event where you miss the call at the selected time, our system shall dial-in the call again after 5 minutes as a second attempt. In case of failure of the second attempt,the system shall try after another 5 minutes as a third attempt.
After the failure of the third attempt, you need to contact our support team (contact details shared on the website) so that they can talk to respective Lawyer, and reschedule the time of the call.
In such an event you can contact our support team (contact details shared on the website), and they shall be assisting you as quickly as possible in completing your call.
Yes, they are diligently verified. For your ease, we have mentioned their bar council number as well so that their identity can be checked from Indian Bar Council.
Definitely yes. We are using high-end technology and SSL certificates to secure data. In addition to this,we are using AWS secured cloud storage together with 256-bit encryption. Further, we are using Paytm as our payment gateway, which is highly secured as per legal standards.
We are using high-end technology and SSL certificates to secure data. In addition to this,we are using AWS secured cloud storage together with 256-bit encryption.
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