Surrender of a Portion of Demised Land and Proportionate Reduction of Rent by Shiva

Surrender of a Portion of Demised Land and
Proportionate Reduction of Rent

THIS DEED OF SURRENDER made on the . . . . . . . . day of . . . . , 20 . . . . BETWEEN A. B. etc. (hereinafter called ‘‘the Lessee’’) of the one part AND C. D. etc. (hereinafter called ‘‘the Lessor’’) of the other part.

WHEREAS by a deed of lease dated . . . . . . . . . the Lessor granted a heritable and non-transferable permanent lease of the land described in the Schedule hereto to the Lessee on an annual rent of Rs . . . . . . . . .;

AND WHEREAS the aforesaid permanent lease comprised among other lands the plot No. . . . . . . . . . containing an area of . . . . . . . . . but as the same has been in actual possession of X. Y. and his ancestors as statutory tenants the Lessee could not obtain possession thereof;

AND WHEREAS the Lessee has agreed with the Lessor for the surrender to him of the said plot No. . . . . . . . . . in consideration of the reduction of rent hereinafter agreed to be made.

NOW THIS DEED WITNESSES as follows:

1. In pursuance of the said agreement and in consideration of the reduction of rent hereinafter agreed to be made the Lessee hereby surrenders and yields up to the Lessor the said plot No. . . . . . . . etc. and all the estate, right, title, interest, claim or demand whatsoever of the Lessee into, out of or upon the said plot to the intent that the perpetuity created by the said permanent lease as to the said plot and all estate and interest of the Lessee in the said plot under or by virtue of the said permanent lease be absolutely and forever extinguished from the date hereof and the said plot may revert to the Lessor.

2. It is hereby agreed and declared as follows:

(i) In consideration of the surrender hereinbefore contained the yearly rent of Rs . . . . . . . . . reserved by the said permanent lease shall as from the year . . . . . . . . . be reduced to the sum of Rs . . . . . . payable at the time and in the manner mentioned in the said permanent lease.

(ii) All the covenants and conditions contained in the said permanent lease shall continue in force in respect of and so far as they apply to the land remaining subject to the said permanent lease with such modifications as may be necessary in consequence of these presents.

IN WITNESSES WHEREOF etc.

Disclaimer:

The information contains in this web-site is prepared for educational purpose. This site may be used by the students, faculties, independent learners and the learned advocates of all over the world. Researchers all over the world have the access to upload their writes up in this site. In consideration of the people’s participation in the Web Page, the individual, group, organization, business, spectator, or other, does hereby release and forever discharge the Lawyers & Jurists, and its officers, board, and employees, jointly and severally from any and all actions, causes of actions, claims and demands for, upon or by reason of any damage, loss or injury, which hereafter may be sustained by participating their work in the Web Page. This release extends and applies to, and also covers and includes, all unknown, unforeseen, unanticipated and unsuspected injuries, damages, loss and liability and the consequences thereof, as well as those now disclosed and known to exist.  The provisions of any state’s law providing substance that releases shall not extend to claims, demands, injuries, or damages which are known or unsuspected to exist at this time, to the person executing such release, are hereby expressly waived. However the Lawyers & Jurists makes no warranty expressed or implied or assumes any legal liability or responsibility for the accuracy, completeness or usefulness of any information, apparatus, product or process disclosed or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product process or service by trade name, trade mark, manufacturer or otherwise, does not necessarily constitute or imply its endorsement, recommendation or favouring by the Lawyers & Jurists. The views and opinions of the authors expressed in the Web site do not necessarily state or reflect those of the Lawyers & Jurists. Above all, if there is any complaint drop by any independent user to the admin for any contents of this site, the Lawyers & Jurists would remove this immediately from its site.