LICENSE AGREEMENT

LICENSE AGREEMENT

Agreement made at _______________ this _______ day of _________ years between Sri./Smt._____________ herein after referred to as “the Licensor” of the one part and Sri./Smt.____________ herein after referred to as “the Licensee” of the other part, as follows:-

WHEREAS

1.  The Licensor is the owner of the property described in the schedule written here in under herein after called as “scheduled property”.

2.  The Licensee is approached the Licensor with request to allow the Licensee to temporarily to occupy and use the scheduled property for carrying on his

____________________ business, on license basis until the Licensee gets other more suitable accommodation.

3.  The Licensor has agreed to grant license to the Licensee to occupy and use the said scheduled property on the following terms and conditions agreed to between the parties hereto.

NOW IT IS AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:

1.     The Licensor hereby grants license to the Licensee to occupy and use the scheduled property for a period of ______________ month from

_________. The Licensee agrees to vacate the said premises even earlier if the Licensee secures any other accommodations.

2.     The Licensee shall pay to the Licensor a sum of Rs._________ per month as license fee or compensation to be paid in advance for each month on or before the _______ day of each month.

3.     All the municipal taxes and other taxes and levies in respect of the licensed premises will be paid by the Licensor alone.

4.     The electric charges and water charges for electric and water consumption in the said licensed scheduled property will be paid by the Licensee to the authorities concerned and the Licensor will not be responsible for the same.

5.     Licensee will be allowed to use the licensed scheduled property.

6.     The licensed scheduled property will be used only for carrying on business and for no other illegal, immoral purpose.

7.     Licensed scheduled property has normal electricity fittings and fixtures. If the Licensee desires to have any additional fittings and fixtures, the Licensee may do so at his cost and in compliance with the rules. The Licensee shall remove such fittings and fixtures on the termination of the license failing which they shall be deemed to be the property of the Licensor.

8.     The licensed scheduled property is given to the Licensee on personal basis and the Licensee will not be entitled to transfer the benefit of this agreement to any body else or will not be entitled to allow any body else occupy the scheduled property or any part thereof. Nothing in this agreement shall be deemed to grant a lease or tenancy and the Licensee agrees and undertakes that no such contention shall be taken up by the Licensee at any time.

9.     The Licensee shall not be deemed to be in the exclusive occupation of the licensed scheduled property and the Licensor will have the right to enter upon the premises at any time during working hours to inspect the scheduled property.

10. The Licensee shall maintain the licensed scheduled property in good condition and will not cause any damage thereto. If any damage is causes to the scheduled property or any party thereof by the Licensee or his employees, servants or agents, the same will be made good by the Licensee at the cost of the Licensee either by rectifying the damage or by paying cash compensation as may be determined by the Licensor’s Architect.

11. The Licensee shall not carry out any work of structural repairs or additions or alterations to the said scheduled property. Only such alterations or additions or not of structural type or of permanent nature may be allowed to be made by the Licensee inside the scheduled property with the previous permission of the Licensor.

12. Licensee shall not cause any nuisance or annoyance to the people in the neighbourhood or store any hazardous goods in the schedul ed property.

13. If the Licensee commits a breach of any term of this agreement then notwithstanding anything herein contained the Licensor will be entitled to terminate this agreement by _____________ days prior notice to the Licensee.

14. On the expiration of the said term or period the license or earlier termination thereof, the Licensee shall hand over vacant and peaceful possession of the licensed scheduled property to the Licensor in the same condition in which the scheduled property now exists subject to normal wear and tear. The Licensee’s occupation of the scheduled property after such termination will be deemed to be that of a trespasser.

SCHEDULE

(License under this deed)

All the piece and parcel of immovable property bearing No.____________* Measuring _______________

Bounded by: -

On the East

On the West

On the South

On the North

Market value of the property Licensed under this deed is Rs._____________ (Rupees____________________________________only).

The Stamp duty is paid as per Article 32A of the Schedule to the Karnataka Stamp Act, 1957.

IN WITNESS WHEREOF the parties herein have affixed their respective signatures to this deed at _______________ on this ______________ day of ______________ year in presence of the witness:

WITNESSES:
1.	LICENSOR
2.	LICENSEE

LEASE DEED

LEASE DEED

An agreement made the _________________ day of ___________years between Sri./Smt._____________etc., (herein after called “the Lessor”) of the one part and Sri./Smt.____________ etc. (hereinafter called “the Lessee”) of the other part.

Whereby it is agreed as follows:

1.  The Lessor hereby demises to the Lessee all that dwelling house with the land fully described in the schedule hereto together with all out -houses, pucca well, motor garage, kitchen, pathways, passage, garden and other appurtenances thereof, situated at _____________ to hold the same to the Lessee from

___________ day of _______ for the term of ______ years (or, year to year) paying therefor during the said term the monthly rent of Rs._________

(Rupees _____________ only) payable on the first day of the month succeeding that for which the rent is due;

2.  The Lessee hereby agrees that he will during the said term (tenancy) pay all rates; taxes and other charges excluding the house tax which now are or may hereafter becomes payable in respect of the demised property;

3.   The Lessor hereby agrees as follows:-

(i)                That the Lessor shall keep the premises in good and substantial repairs during the said term and shall annually white-wash and do all necessary repairs to the out-houses and demised premises and on the Lessee giving the Lessor notice in writing of any special decays, defects and want of separation the Lessor will within one calendar month from the receipt of such notice repair and amend the same;

(ii)              That the Lessor shall repair when necessary, the well, the passages, pathways and the road connecting the provincial road with the bungalow hereby demised and shall get the well cleaned at least once a year.

4.   Provided always and it is hereby agreed as follows:

(i)                That whenever any part of the rent hereby reserved shall be in arrears for_____ months after due date or there shall be a breach of any of the covenants by the Lessee herein contain the Lessor may re-enter on the demised premises and determine this lease.

(ii)              The tenancy hereby created shall be determinable at the option of the Lessor/Lessee (or either party) by giving to Lessee/Lessor (or, the other party) ______________ calendar month’s notice in writing.

5.  It is hereby agreed between the parties that in respect of the demised premises the parties hereto shall respectively have all the rights and be subject to all the liabilities of a lessor and of a lessee as set forth in Section 108 of the Transfer of Property Act, 1882, except Clause (m) thereof which is hereby excluded.

6.   It is hereby agreed between the parties as follows:

(i)                That any demand for payment or notice requiring to be made upon or given to the Lessee shall be sufficiently made or given if sent by the Lessor or his agent through the post by registered letter addressed to the Lessee at the demised premises (or, at_______), and that notice requiring to be given to the Lessor shall be sufficiently given if sent by the Lessee through the post by registered letter addressed to the Lessor at his usual or last known place of residence or business (or; at_______) and that any demand or notice sent by post in either case shall be assumed to have been delivered in the usual course of pose.

(ii)              That wherever such in interpretation would be necessary in order to give the fullest scope and effect legally possible to any covenant or contract herein contained the expression “the Lessor” herein before used shall include the owner for the time being of the Lessor’s interest in the demised premises and the expression “the Lessee” herein before used shall include his heirs, executors, administrators and permitted assigns.

In witness whereof the parties have put their signatures hereunder on the day and the year first above -written (or, on the respective date mentioned against their signatures)

SCHEDULE

(Leased under this deed)

All the piece and parcel of immovable property bearing No.____________ Measuring  _______________

Bounded by: -

On the East

On the West

On the South

On the North

Market value of the property leased under thi s deed is Rs._____________ (Rupees____________________________________only).

The Stamp duty is paid as per Article 30 of the Schedule to the Karnataka Stamp Act, 1957.

IN WITNESS WHEREOF the parties herein have affixed their respective signatures to this deed at _______________ on this ______________ day of

______________ year in presence of the witness:

WITNESSES:
1.	LESSOR
2.	LESSEE

GIFT DEED

GIFT DEED

This deed of Gift is executed on ________ day of ______________ month of

_____________ year by Sri./Smt.__________________________, S/o./ W/o.______________________, occupation___________________,

and                           aged                            __________                           years,                           residing

at______________________________ herein after called the DONOR. 

In favour of

Sri./Smt.__________________________S/o./W/o._________________________,

occupation____________________,      aged         __________       years,        residing

at_________________________Herein referred to as the DONEE. 

Whereas, the term Donor and Donee unless repugnant to the context shall mean and include their representatives heirs, successors, executors, administrators, trustees, legal representatives and assigns.

Whereas, the Donor herein, is the sole and absolute owner of immovable property  bearing No.___________ known as _____________________ situated at morefully described in the schedule hereunder written and herein after called the schedule property.

Whereas,  the  Donor  is  the  absolute  owner,  having  acquired  the  property,  by

____________________  and since then Donor has been in possession and enjoyment of the schedule property and paying taxes and levies thereon, as sole and absolute owner thereof.

Whereas the Donee is related to the Donor as ____________.

Whereas the Donor desires to grant the said land and premises morefully described in the schedule written hereunder and hereinafter referred as scheduled property to the Donee as gift in consideration of natural love and affection subject to the condition herein after mentioned.

NOW THIS DEED WITNESSETH that the Donor, without any monitory consideration and in consideration natural love and affection which the Donor bears to the Donee hereby grant and transfer by way of gift, the scheduled property situated at ___________________________together with all the things permanently attached thereto or standing thereon and all the liberties, privileges, easements and advantages appurtenant thereto and all the estates, rights, title, interest, use, inheritance, possession, benefits, claims and demand whatsoever of the Donor TO HAVE AND TO HOLD the same unto the use of the Donee absolutely but subject to the payment of all taxes, rates, assessments, dues and duties now and here after chargeable thereon to the Government or local authorities.

Whereas the Donor hereby covenant with the Donee;

(a)   That the Donor now has in himself, absolute right, full power, and absolute authority to grant the said scheduled property hereby granted as gift in the manner aforesaid.

(b)  The Donee may at all times herein after peacefully and quietly enter upon, take possession of the scheduled property and enjoy the said scheduled property as he deems fit without any interruption, claim or demand whatsoever from or by the Donor or his heirs, executors, administrators and assigns or any person or persons lawfully claiming or to claim by from under or in trust for the Donor.

(c)   AND FURTHER that the Donor and all persons having or lawfully claiming any estate or interest whatsoever to the said scheduled property and premises or any part thereof from under or in trust for the Donor or his heirs, executors, administrators and assigns or any of them shall and will from time to time and at all times hereafter at the request and cost of the Donee do and execute or cause to be done and executed all such further and other acts, deeds, things, conveyances and assurances in law whatsoever for better and more perfectly assuring the said scheduled property and every part thereof unto and to the use of the Donee in the manner aforesaid as by the Donee his heirs, executors, administrators and assigns or counsel in law shall be reasonably required.

SCHEDULE OF THE PROPERTY

(Gifted under this deed)

All the piece and parcel of immovable property  bearing No.____________

Measuring _______________

Bounded by:-

On the East                     :

On the West

On the South

On the North

Market value of the property gifted under this deed is Rs._________ (Rupees ______ ____________only).

 

The Stamp duty is paid on the market value as computed above.

IN WITNESS WHEREOF the Donor as well as the Donee (by way of acceptance of the said gift) have put their respective hands the day and year first herein above written.

WITNESSES:
1.	DONOR
2.	DONEE