Lease Financing - Legal Drafting in English

Download Indian lease financing templates: land/building leases, leave & licence, equipment/machinery leases, renewals, surrender, sub-lease, and tripartite agreements.

Quick Overview

This Lease Financing directory offers practitioner-ready Indian drafts covering land and building leases, office and residential leases, leave and licence agreements, equipment and machinery leases, mineral and special-purpose leases, perpetual leases, renewals, surrenders, sub-leases/under-leases, tripartite agreements with guarantors, and ancillary letters. It is designed for owners, tenants, lenders, and counsel seeking compliant, filing-ready templates with clear commercial and regulatory coverage.

All templates are provided for reference and should be reviewed by legal professionals before use.

FAQs

What is the difference between a lease and a leave and licence agreement?

A lease creates an interest in property for a term, while a leave and licence grants permission to occupy without creating tenancy rights. Stamp duty, registration, and remedies differ.

When should I use a tripartite lease agreement?

Use it when a guarantor or financier is involved alongside the lessor and lessee—for example, in equipment financing or when a third party guarantees obligations.

What are essential clauses in a land/building lease?

Premises description, term, rent/escalation, security deposit, use restrictions, maintenance, taxes, indemnity, insurance, assignment/sub-lease, termination, and dispute resolution.

Do lease deeds need to be registered in India?

Yes, leases of immovable property for terms exceeding 11 months generally require registration and appropriate stamp duty as per state law.

What is a deed of renewal of lease?

It extends the lease term per the renewal clause, recording revised rent, tenure, and other updated terms, and may require fresh stamping/registration.

When is a deed of surrender of lease used?

When the lessee and lessor mutually end the lease before expiry, documenting handover, settlement of dues, restoration obligations, and release of claims.

What should an equipment or machinery lease include?

Asset details, delivery/acceptance, rent schedule, risk/insurance, maintenance, no title transfer, default/termination, buyout options, and return conditions.

Can I sub-lease the premises?

Only if the lease permits. Use a sub-lease or under-lease format and obtain the lessor’s prior written consent where required.

What is ‘lease disguised as licence’?

It refers to documents titled ‘licence’ that actually confer exclusive possession and function as leases; courts look at substance over title to determine rights.

What letters are included for equipment leasing?

Templates include a delivery acknowledgement by the lessee and a letter exercising the option to purchase the leased equipment.