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    Siham Apartment Lease Agreement

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    Shahid Hussain
    The document is a lease agreement between a lessor and lessee for residential property. It outlines terms including a one year lease at Rs. 650,000 per month rent increasing 5% annually, with 12 months rent paid in advance. The agreement details responsibilities of maintenance, repairs, notice for vacating, and penalties for non-compliance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Siham Apartment Lease Agreement

    Uploaded by

    Shahid Hussain
    131 views4 pages
    The document is a lease agreement between a lessor and lessee for residential property. It outlines terms including a one year lease at Rs. 650,000 per month rent increasing 5% annually, with 12 months rent paid in advance. The agreement details responsibilities of maintenance, repairs, notice for vacating, and penalties for non-compliance.

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    H13 siham Apartment lease agreement

    Original Title

    siham Apartment lease agreement

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    The document is a lease agreement between a lessor and lessee for residential property. It outlines terms including a one year lease at Rs. 650,000 per month rent increasing 5% annually, with 12 months rent paid in advance. The agreement details responsibilities of maintenance, repairs, notice for vacating, and penalties for non-compliance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    131 views4 pages

    Siham Apartment Lease Agreement

    Uploaded by

    Shahid Hussain
    The document is a lease agreement between a lessor and lessee for residential property. It outlines terms including a one year lease at Rs. 650,000 per month rent increasing 5% annually, with 12 months rent paid in advance. The agreement details responsibilities of maintenance, repairs, notice for vacating, and penalties for non-compliance.

    Copyright:

    © All Rights Reserved
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    You are on page 1of 4

    LEASE AGREEMENT

    THIS LEASE AGREEMENT is made at Islamabad in this _____ day of ____ 2019 between Mrs. Suria
    Begum Widow of (Late) Ajmal Khan CNIC No.371017-367618-6 through her legal attorney, Mr. Shuja
    Shariff Son of Ch Mohammad Shariff CNIC no. 61101-9418977-9, Resident of Off # 14, Block # 8, F.F ,
    Shoukat Plaza, F-6, Super market Islamabad, hereinafter referred to as “LESSOR” (which expression shall
    include here legal representative, heirs, executors, administrators and assignees) of the ONE PART

    AND

    __________________ s/o _________ CNIC no: _______________- Resident of ______________,


    Pakistan herein after referred to as “LESSEE” (which expression shall include her legal representative,
    heirs, executors, administrators and assignees) of the OTHER PART.

    WHEREAS the “LESSOR “is rightful owner and renting the House No. 2 A-B Street No. _____________,
    Sector F-8/3 Islamabad, hereinafter referred to as the “PREMISES”.

    1. Whereas the said Lessor agrees to give on Lease the above mentioned premises to the
    Lessees with all the appertaining rights and privileges there to for an initial term of One (1)
    year purely for residential use only. Lease will commence from _________-2019 and
    ending on ____________ at a monthly rent of Rs. 650,000/- (Rupees __________only) the
    rental advance payment shall be paid to the Lessor as under
    2. During the entire course of the lease the rent will be paid on 12 months advance basis and
    will increase by 5% on every anniversary of the lease.
    a. An amount of Rs. _______/= (Rupees ____________ only) (650,000 X 12) is being paid
    now at the time of signing of the Agreement.
    b. In case of both the parties mutually increase to extend this lease Agreement beyond five
    years than the payment to be made against sub clause above will be paid as mentioned
    below. An amount of Rs. __________/= (Rupees __________ only) (___________).
    3. Rs. 650,000(Rupees ______________ only) equal to one month rent is being paid to the
    Lessor, as security deposit against utility bills and damages. This amount shall be refunded
    back to the Lessee at the time of vacation after checking all the bills and time.

    LESSOR: __________________ LESSEE: ___________________

    THE LESSOR HEREBY COVENANTS WITH THE LESSEE AS FOLLOWS

    Page 1 of 3
    4. The Lessor shall pay all Taxes except the charges for water electricity, telephone and gas in
    respect to the said premises for the Lease duration.
    5. The Lessor shall be responsible for major structural repairs to the said premises, provided
    the cost of the repairs over Rs 10,000/- (Rupees ten thousand only).
    6. The Lessor shall allow peaceful occupation of the said premises without any interruption /
    disturbance for the period of this Lease.
    7. The lessor have assured the lessee that they have tested all electric, gas, water installation in
    the premises and hand over all installation, fitting, as mentioned in inventory list “Annexure
    (A)” in serviceable and working conditions when the hand over the premises to lessee on
    01-03-2019 and that no outstanding bill remain prior to this date and photocopy of the last
    paid bills shall be handed over by the Lessor to the Lessee
    8. That if the lessee intends to vacate the premises then lessee will serve prior two month
    notice to the Lessor and the balance payment of unutilized rent if any shall be refunded by
    the Lessor. The Lessee will not serve any notice for vacation during the first year of the
    Lease.

    THE LESSEE HEREBY COVENTANT WITH THE LESSOR AS FOLLOWS

    9. To pay to the authorities concerned all charge as levied. Charges incurred for water
    electricity, telephone, gas and all other utilities in respect of the said premises incurred
    during the lease period will be paid and photocopy of the last bill paid before the expiry of
    the lease agreement shall be handed over by the lessee to the Lessor at the time of vacation
    of the premises.
    10. To carry out all minor repairs (running periodic maintenance) to the premises at its own cost
    and keep in good condition during the period of lease.
    11. The Lessee shall permit the Lessor or their representatives to the enter premises at
    reasonable hours of the day for inspection or repair,provided that the Lessor shall give the
    lessee a prior written notice of at least one day for carrying out inspection or repair.
    12. Not to assign, sublet, under the premises or any part thereof without the prior written
    consent of the Lessor, which may or may not be granted.
    13. On expiry of this lease shall hand over the vacant premises along with all fitting and fixtures
    in serviceable working condition expect for normal wear and tear. Damages caused by act of
    God, civil commotion, raids,sabotage or any force majeure event would not be the liability of
    the Lessee.
    14. That if the Lessor intends to get the premises vacated then the Lessor will serve prior two
    month notice to the lessee and the balance payment of rent if any shall be refunded to the
    lessee. Such notice will not be served during the first year of the Lease.
    15. That the Lessee shall abide by all the by/laws of CDA and shall not put the Premises to non-
    conforming use. The premises will be used for residential purpose only. Any penalties / fines
    imposed by the authorities due to non-conforming use by the Lessee shall be paid for by the
    Lessee.
    16. After expiry of first two years, the agreement shall be extendable for further period. The
    rent and the extension period shall be mutually decided by both the parties. In case nothing
    is mutually decided the monthly rent will increase by 10 % of the preceding year’s rent on
    the anniversary of the Lease.
    17. A list of fittings and fixtures (INVENTORY) attached with this Agreement is an integral part of this
    Agreement. All fittings and fixtures are in perfect working condition upon commencement of the
    Lease.
    18. At the time of termination of this Lease the fittings and fixtures as per the inventory shall be handed
    back over in perfect working condition subject to normal wear and tear. Any damages / breakages
    shall either be deducted from the security deposit or paid in cash by the Lessee to the Lessor.

    LESSOR: __________________ LESSEE: ___________________

    Page 2 of 3
    19. If by fire, earthquake, tempest, flood, war, violence of any military force or of a member
    other irresistible force any material part of the premises destroyed or rendered substantially
    unfit for residential purpose, this Lease at the option of the Lessee and upon given notice to
    the Lessor within thirty days of such casualty shall terminate. The Lessor agrees to refund
    the balance rent to the lessee with in notice period time of thirty days.
    20. Both the parties agree that the contact person / person’s for repair, maintenance, rental
    payment lease extension, lease termination etc., will be as follows:
    Panther Builders 051 282 3410, 282 1678, 282 2190
    Mr. George Masih, (Cell. 0333 511 1249)
    Mr. Fida Hussain Shah, (Cell. 0300 511 2023)

    Both the Parties have signed this agreement on the day, month and year mentioned above in

    presence of the following witnesses.

    LESSOR __________________ LESSEE_________________________

    Mr. Shuja Shariff s/o Ch Mohammad Shariff Mr. _________________________

    CNIC No: 61101-9418977-9 CNIC No: _________________

    (Attorney)

    WITNESS: 1 ___________________ 2: _________________________

    Page 3 of 3
    Page 4 of 3

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