Common Contracts
2 similar Lease Agreement contracts
CONTENTSLease Agreement • July 30th, 2021
The issue regarding the giving of agricultural lands on lease in Punjab has engaged the attention of the land owners/lessors and lessees. In the recent years there have been changes in agrarian relations which have changed the concept of traditional tenancy to a primarily commercial one. A booming land leasing market has emerged in Punjab, which covers a quarter of the total cultivated area. The lease of lands at present is mostly oral which is a sign of lack of trust and confidence in the existing laws. The lessors while leasing out their lands generally do not show or reflect the lessee to be in occupation of the land leased to him. This is because the lessor has a strong apprehension that in case it is so recorded, his ownership rights might get adversely affected and he might have to engage in protracted litigation. The lessee also suffers since he is unable to get crop loan and claim relief for any damage to the crops.
CONTENTSLease Agreement • November 23rd, 2020
The issue regarding the giving of agricultural lands on lease in Punjab has engaged the attention of the land owners/lessors and lessees. In the recent years there have been changes in agrarian relations which have changed the concept of traditional tenancy to a primarily commercial one. A booming land leasing market has emerged in Punjab, which covers a quarter of the total cultivated area. The lease of lands at present is mostly oral which is a sign of lack of trust and confidence in the existing laws. The lessors while leasing out their lands generally do not show or reflect the lessee to be in occupation of the land leased to him. This is because the lessor has a strong apprehension that in case it is so recorded, his ownership rights might get adversely affected and he might have to engage in protracted litigation. The lessee also suffers since he is unable to get crop loan and claim relief for any damage to the crops.
