Ahmedabad Cantonment Board
Ahmedabad Cantonment
Board
Property
Home PropertyLeases
 
Leases
 
Defined

A lease of immovable property is a transfer of rights to enjoy such property, made for certain term, express or implied, or in perpetuity in consideration of price paid or promised of money to be rendered periodically or on specified occasions to the owner by the transferee who accept the transfer for such terms .

 
  Renewal of Lease
  Transfer of Lease
  Subdivision of site
  Encroachment
  Performa of leases in Cantonment
  Detail of leases given in civil area of Cantonment
 
Lessor/Lessee/Premium/Rent

The owner of the property is called lesse, the transferee is called lessee. The price is called a premium and the money to be so rendered periodically is called rent.

 
Lease/Deed

The written contract between the lessee and the lessor specifying on the terms and conditions governing the lease.

 
Types of Lease
Two categories of lease are in existence in Cantonment -
  One is relates to transfer of land only.
  Other relates to transfer of buildings.
 
Construction

Invariably all type of leases provide for parameters of permissible construction in the property involved, any construction in violation of these parameters can result in cancellation of leases and resumption of property.

 
Purpose

Every lease in the Cantonment is granted for a specific purpose which is clearly mentioned in lease deed. Any change of purpose by the lessee without prior permission of lessor is likely to result in cancellation of lease deed and resumption of the property by the lessor.

 
Term

Every lease has a specific term which is mentioned in the lease deed and holding over the property by the lessee beyond the specific term requires prior permission of the lessor without which the property can be resumed by the lessor. Some lease has indefinite term called perpetuity.

 
Copyright © 2009 Cantonment Board Ahmedabad. | Disclaimer
Designed and Maintained by- Silver Touch Technologies Ltd.