LEASE DEED

This Lease Deed is made on this the 25th day of October, 2016 at NEHU between Smt.
Keshary Nath daughter of Sonading Nath, resident of Polo, East Khasi Hills, Meghalaya hereinafter
called the LESSOR (which expression unless repugnant to the context or law shall include his/her
heirs successors, legal representatives and assigns) of the one part
AND
Shri Laiban Sangma Son of Shri Gelson Marak, resident of Polo, Shillong, East Khasi Hills,
Meghalaya hereinafter called the LESSEE (which expression unless repugnant to the context or law shall
include its successors, and assigns) of the other part.

WHEREAS the Lessor owns the premises being Flat No. 58789 consisting of ten (10) numbers of
bedrooms, three (3) numbers of bathrooms/toilets with geysers, one drawing-cum-dining room and one
kitchen along with all the fixtures and fittings described in Annexure I attached hereto as also one covered
car parking space.

AND WHEREAS, the Lessee is wants to arrange for residential accommodation for self and family
in the said premises.

AND WHEREAS, the Lessee is desirous of taking the said flat on rent for the aforesaid purpose
and Lessor has agreed to let out the said Flat No. 58789 on the terms and conditions appearing
hereinafter, for a period of five (5) years.

NOW THIS LEASE DEED WITNESSETH AS UNDER:

1. That the Lessor has agreed to leased out the Flat No. 58789 to the Lessee at a rent of
Rs.50000/- (fifty thousand only) per month inclusive of maintenance and other charges towards
fittings and fixtures for a period of five (5) years commencing from 20 th October, 2016, after
deduction of tax as required by law.

2. That the flat has been handed over in a good tenantable condition by the Lessor to the Lessee.

3. That the Lessee is fully entitled to request the Lessor for renewal of the lease for a further period of
time on the same terms and conditions except that the rent would be revised by 200% p.a. which
is acceptable to the Lessor.

4. That the Lessee shall pay charges for electricity and water consumed as per bills received from the
concerned authorities before the due date.

5. That the Lessee shall not make any additions or alterations or structural changes in the said flat
provided, however, that the lessee may erect temporary partitions, install air-conditioners,
refrigerators, cooking range and other fixtures, fittings and equipment at its own cost and on
termination of the lease restore the said flat to its original condition.

6. That all day-to-day minor repairs shall be carried out by the Lessee at its own cost and all major
repairs shall be carried out by the Lessor at his own cost. For the said purpose, the Lessee shall
permit the Lessor or his authorised agents, surveyors and workmen with all necessary appliances
to enter into the flat during working hours to carry out such major repairs, for which the Lessor
would, on receiving such request, send a notice to the Lessee in this behalf.

7. That the Lessor will ensure to the Lessee a peaceful and uninterrupted use and enjoyment of the
flat during the terms of this lease and extension thereof without any interruption from the Lessor
or any of his/her agents.

8. That the lessee shall exclusively use the said flat for residential purposes as mentioned above.

9. That the Lessee shall not keep or store any goods or any other material of a combustible or
explosive nature, or cause any nuisance or annoyance to the neighbours and other occupants of
the building and shall observe and perform all the rules and regulations and bye-laws as to the
use of the building as laid down by the concerned Association/Society of the building from time to
time.
 10. That the Lessee shall not interfere with the usage of common portions of the building and in no
way obstruct the free passage and movement in the common portions reserved for use of other
occupants of the building like corridors, common stairs etc.

11. That the Lessee shall hand over the vacant possession of the said Premises to the Lessor on
expiry of lease with all fittings and fixtures in good repair (normal wear and tear excepted).

12. That on expiry of the lease period, if the same is not renewed or is determined earlier, for any
reason whatsoever, the Lessee shall vacate and voluntarily hand over vacant physical possession
of the said premises to the Lessor.

13. That the Lessee and Lessor are at liberty to terminate the lease by sending to the other party one
month’s notice.

14. That the Lessor will have the right to terminate the lease in case of breach of the terms of the lease
or any other covenant, term or condition contained herein.

15. That in the eventuality of the Lessee vacating the premises under any circumstances, it will be
entitled to remove all the fixtures and fittings, air conditioners, refrigerators, cooking range or any
other equipments brought in or installed by it in the demised premises.

16. That the Lessee has, at the request of the lessor, deposited a sum of Rs. 100000/- (one lakh only)
as interest free security deposit with the lessor which shall be either refundable at the time of
vacation of the premises or be adjusted in the last two months rent before vacating the premises
by the lessee.

17. That the lessee is entitled to deduct income tax or any other tax, as may become applicable, out of
the payment of rent to the lessor. However, the lessee assures and undertakes that it shall issue
the necessary TDS certificates on account of any statutory deductions having been made, within
the time prescribed by law.

18. That the lessor shall be a liable for payment of all taxes including property tax, house tax, ground
rent, scavenging tax or any other tax cess or charge imposed by any municipal of public authority
in respect of the property in question.

19. That the lessor has handed over the premises to the lessee in good tenantable condition, which the
lessee accepts. However, any defect or deficiency discovered later on by the lessee would be
rectified and attended to by the lessor at her own cost.

20. That the lessor accepts the purpose of use of the subject premises by the lessee. However, in case
of any violation of any laws, the lessee would be responsible for the same. In any case, if any
permission, approval or license is required, the lessor agrees to sign the necessary papers in that
regard.

21. That the lessor and the lessee represent and warrant that they are fully empowered authorized and
able to execute this lease and that the lessor shall keep the lessee free and harmless of any
demands, claims, and actions of proceedings in respect of the said premises.

22. That the lessee shall be required to give a notice in writing to the lessor of its intention to have the
lease renewed for a further period of five years.

IN WITNESS WHEREOF the Lessor and Lessee have set their signature to the this Lease Deed
on the day, month and year first herein mentioned in presence of the witnesses signing hereunder:
Witnesses:
1.

2. Sd/-
LESSOR
3.

Sd/-
LESSEE