Surrender of Tenancy Rights [CD1]
THIS AGREEMENT OF
SURRENDER OF TENANCY made at __________ on this _____________ day of
_____________ 200___;
BETWEEN
ABC of _____________, Indian Inhabitant,
residing at ___________ ______________________________, hereinafter referred to
as “THE TENANT” (Which expression
shall unless repugnant to the meaning and context thereof, be deemed to include
his heirs, executors and administrators); OF
THE ONE PART; AND PQR VENTURES ESTATES & DEVELOPMENTS PVT. LTD., a
company incorporated under the Companies Act
1956 having its registered office
at
_________________________________________________________,
hereinafter referred to as “THE
LANDLORD” (Which expression shall unless contrary to the context or meaning
thereof mean and include its successors and assigns); OF THE OTHER PART;
WHEREAS:—
(a)
The Landlord is the owner of
the building known as “________________” situate at ________________ and which
is more particularly described in the First
Schedule hereunder written. The
Landlord is also the owner of residential flat
No. __________ on the ________ floor of the said building “___________”
admeasuring 600 sq.ft. of carpet area (hereinafter referred to as “the said flat”) and which is more
particularly described in the Second
Schedule hereunder written;
(b)
The Tenant is the lawful tenant
in respect of the said flat. The rent receipt in respect of the said flat
stands in the name of the Tenant; and
(c)
The Tenant has agreed to
surrender his tenancy and occupancy rights in respect of the said flat in
favour of the Landlord on the terms and conditions hereinafter stated.
NOW, THEREFORE,
THIS DEED OF SURRENDER BY AND BETWEEN THE PARTIES WITNESSETH AS FOLLOWS:
1.
The Tenant hereby surrenders
his tenancy and occupancy rights, title and interest in the said flat No.______
on the _______ floor of the said building “_____________” admeasuring 600sq.ft.
of carpet area and which is more particularly described in the Second Schedule
hereunder written to the Landlord. In consideration of the surrender of the
said tenancy rights as aforestated, the Landlord has on or before execution
hereof paid a sum of Rs._____________/- (Rupees _______________________________
only) to the Tenant in full and final consideration (the payment and receipt
whereof the Tenant doth hereby admit, confirm and acknowledge).
2.
The Tenant has upon execution
hereof handed over quiet, vacant and peaceful possession of the said flat to
the Landlord. Henceforth, the Tenant shall have no right, title, interest
and/or claim of whatsoever nature in the said flat and the Landlord shall be
fully entitled to deal with the same in the manner it desires without any
objection of whatsoever nature from the Tenant.
3.
The Tenant has represented and
assured the Landlord that he has not created any kind of third party rights in
respect of the said flat. The Tenant further states that he is in no manner
directly and/or indirectly prevented from entering into this Deed and/or
surrendering tenancy rights of the said flat to the Landlord.
4.
The stamp duty and registration
charges, if any, in respect of the present instrument shall be borne by the
Landlord as agreed.
THE FIRST SCHEDULE ABOVE
REFERRED TO
(Give description of the entire building of the Landlord)
THE SECOND SCHEDULE ABOVE
REFERRED TO
(Give description of the tenanted flat)
IN WITNESS WHEREOF the parties have caused this Deed to be executed
the day and year first hereinabove written.
SIGNED, SEALED AND DELIVERED by the )
Within named ABC “THE TENANT” ) in the presence of ...... )
THE COMMON SEAL
OF THE WITHINNAMED)
M/S. PQR VENTURES ESTATES
AND )
DEVELOPMENTS PRIVATE
LTD., )
“THE LANDLORD” above named is hereunto ) affixed pursuant to the resolution of its Board of ) Directors passed in that behalf, on
the ________ ) day of ______________
200__ in the presence of ) 1. ______________________, Managing
Director and )
2
________________________, Director and in the
presence of …………. )
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