Rent Agreement Format Pakistan Pdf

LEASE AGREEMENT

This Lease Agreement (the "Agreement") is made and entered into this [Day] day of [Month], [Year] (the "Effective Date"), by and between:

LESSOR: [Full Name of Landlord/Company], holding CNIC/NTN [Number], residing at/having its principal office at [Full Address] (hereinafter referred to as the "Lessor");

AND

LESSEE: [Full Name of Tenant/Company], holding CNIC/NTN [Number], residing at/having its principal office at [Full Address] (hereinafter referred to as the "Lessee").

(The Lessor and Lessee are collectively referred to as the "Parties" and individually as a "Party").

1. OPERATIONAL DEFINITIONS

1.1 "Premises" means the property located at [Full Property Address including Floor/Unit Number], comprising an area of approximately [Area size] sq. ft. 1.2 "Rent" means the monthly sum of PKR [Amount in Figures] ([Amount in Words] Pakistan Rupees) payable by the Lessee to the Lessor. 1.3 "Security Deposit" means the refundable sum of PKR [Amount] held by the Lessor as collateral for the performance of this Agreement. 1.4 "Term" means the period of [Number] months commencing on [Start Date] and expiring on [End Date]. 1.5 "Utilities" means all charges for electricity, gas, water, internet, and sewerage services consumed at the Premises.

2. SUBSTANTIVE TERMS AND OBLIGATIONS

2.1 Grant of Lease: The Lessor hereby grants the Lessee the right to occupy and use the Premises for [Residential/Commercial] purposes only. 2.2 Rent Payment: The Lessee shall pay the Rent in advance by the [Day] of each Gregorian calendar month via [Bank Transfer/Cheque]. 2.3 Security Deposit: The Security Deposit shall be paid upon signing. This amount shall not accrue interest and shall be refunded within [Number] days of lease expiry, subject to deductions for damages exceeding normal wear and tear. 2.4 Maintenance: The Lessor shall be responsible for structural repairs. The Lessee shall be responsible for routine maintenance, minor repairs, and the cost of all Utilities. 2.5 Subletting: The Lessee shall not assign, sublet, or transfer the Premises or any part thereof without the prior written consent of the Lessor. 2.6 Representations: The Lessee represents that they have the legal capacity to enter into this contract, and the Lessor represents that they hold valid legal title to the Premises.

3. DEFAULT, TERMINATION, AND REMEDIES

3.1 Events of Default: A default occurs if (a) Rent remains unpaid for [Number] days after the due date, (b) the Lessee breaches any material covenant, or (c) the Lessee becomes insolvent. 3.2 Notice and Cure: Upon a breach, the non-breaching Party shall provide written notice. The breaching Party shall have [30] business days to cure the default. 3.3 Remedies: If the default remains uncured, the non-breaching Party may: (i) Terminate this Agreement upon [30] days' written notice; (ii) Retain the Security Deposit as liquidated damages (where applicable); (iii) Pursue legal action for eviction and recovery of arrears through the competent courts in [Jurisdiction].

4. BOILERPLATE LEGAL PROVISIONS

4.1 Severability: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. 4.2 Entire Agreement: This document constitutes the entire agreement between the Parties and supersedes all prior discussions or understandings. 4.3 Force Majeure: Neither Party shall be liable for failure to perform duties due to acts of God, war, civil unrest, or governmental restrictions beyond their reasonable control. 4.4 Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the Islamic Republic of Pakistan and the provincial laws of [Province/Jurisdiction]. 4.5 Dispute Resolution: Any dispute arising out of this Agreement shall first be attempted to be resolved via amicable mediation. If unresolved within [30] days, the dispute shall be submitted to the exclusive jurisdiction of the competent courts in [City/Jurisdiction].

5. FORMAL EXECUTION

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

LESSOR:

Signature: __________________________ Name: [Name of Lessor] CNIC: [Number] Date: [Date]

LESSEE:

Signature: __________________________ Name: [Name of Lessee] CNIC: [Number] Date: [Date]

WITNESS 1:

Signature: __________________________ Name: [Name] CNIC: [Number]

WITNESS 2:

Signature: __________________________ Name: [Name] CNIC: [Number]