Lease Deed – Commercial
What is a Lease Deed?
A lease deed is designed for renting or leasing business belongings. The condominium settlement or lease deed is a criminal record which lays out the prescribed phrases and situations under which the rented belongings is leased out this is to be observed between the land lord and the tenant.
How to use it?
The rent settlement is used inside the cases of any dispute or another issues via the leasor or the leasee. The condo agreement have to be published on a Non-Judicial Stamp Paper with a value of Rs.A hundred/- or more. The apartment settlement is normally signed on price of a deposit for the condo property among the lessor and the lessee. Two copies of the file are commonly executed, with every party maintaining one of the authentic copies.
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