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Sample Land Rent Agreement
Sample Land Rent Agreement
1. This Contract is made for the land registered in the name of first party located at
Budanilkantha Municipality, Ward no. 05, Kathmandu district, Bagmati Zone, with plot
no. 1422, 1260 & 1261, area (0-8-3-0) to provide on rent to second party Agriculture
purpose by the second party. This contract will be effective for five years from today.
2. Rent for aforesaid land is decided to be RS. 20,000.00 monthly and rent for the every
year should be paid within first running years.
3. Rent will increased at the event of 2 years with RS. 5,000.00
4. The second party cannot do any illegal activities in the rented land and if done so, itself
will be liable of punishment as per law.
5. Both the parties can vacate the land or can ask to vacate the land giving at least three
month pair to notice to next party getting consent thereof.
6. Any dispute that may arise during the course of implementation of this contract will be
solved in mutual agreement and if not possible arbitration or existing laws will be
implemented the aggrieved party can receive compensation from the next party as per
law.
We both parties have clearly read and understood the above mentioned terms and conditions
of the contract and we hereby sign this contract at the presence of under mentioned witness.
Signature: Signature: