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Land

This Ground Lease Agreement is established between a landlord and tenant for a site located at Land Number 828, Ndimwananzala, with a size of 40 by 80. The lease term begins on July 1, 2025, and ends on July 1, 2021, with an option for extension. The tenant is required to pay a deposit of 10,000 Ksh and monthly rent of 10,000 Ksh starting July 1, 2025.

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0% found this document useful (0 votes)
9 views1 page

Land

This Ground Lease Agreement is established between a landlord and tenant for a site located at Land Number 828, Ndimwananzala, with a size of 40 by 80. The lease term begins on July 1, 2025, and ends on July 1, 2021, with an option for extension. The tenant is required to pay a deposit of 10,000 Ksh and monthly rent of 10,000 Ksh starting July 1, 2025.

Uploaded by

abel moli
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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LAND /GROUND LEASE AGREEMENT

THIS GROUND / LEASE AGREEMENT IS ENTERED TO AS OF THE 7TH JUNE 2025

BETWEEN:

Land lord:

Name: ___________________________

ID/Passport No: __________________

Phone: __________________________

AND

Tennant:

Name: ___________________________

ID/Passport No: __________________

Phone: __________________________

For good and valuable consideration stated herein the sufficiency of which hereby acknowledged the parties agreed as follows:

1.AGREEMENT TO LEASE : landlord agrees to lease to tenant and tenant agrees to lease from landlord according to the terms and conditions
set forth herein. Site:

• Land Number : 828


• At Ndimwananzala
• Size: 40 By 80

2. The site may be used and occupied for business purposes

3 TERM

This agreement will be for a term beginning on 1ST JULY 2025 and ending on 1ST JULY 2021 the parties hereto may elect to extend this agreement
upon such terms and conditions as may be agreed upon in writing and signed by both parties at the time of any such extension.

RENT:

Tennant will pay landrod a deposit of 10,000/= ksh on 20TH JULY 2025.the tennant will be required to pay rent of 10,000 ksh evry month
effective on 1st JULY 2025

8. Signatures

LAND LORDS SIGNATURE: ____________________

Name: ____________________

Date: ____________________

TENNANTS SIGNATURE: ____________________

Name: ____________________

Date: ____________________

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