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Form #1163City As Lessor
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Submissions to this site, including any legal or business forms, posts, responses
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City as lessor.
This lease made _________[year], between the
city of _________(city), and _________, of _________, as lessee,
witnesses:
That, in consideration of the rents, covenants and
conditions on the part of lessee to be paid, kept and performed, as herein
mentioned, city leases to lessee, lessee's executors, administrators and
assigns, all that lot or parcel of land situated on _________ street in the
city of _________, and bounded as follows: [Description.]
To have and to hold such parcel of ground to lessee,
lessee's executors, administrators and assigns, for and during the full end and
term of 99 years from _________[year], and city covenants that at the
expiration of such term of 99 years it will cause to be executed another lease
of premises for the same term and containing the same covenants, clauses,
conditions and rents as this indenture, and it is understood by the parties aforesaid
that this is a clause of perpetual renewal, and it is their intention so to
make it, and city covenants and agrees that it will keep lessee, lessee's
executors, administrators and assigns, in the full and complete use, occupation
and enjoyment of premises during the term aforesaid, free of all let or
hindrance, interruption or disturbance whatever, in consideration of which
lease and the foregoing covenants by city, lessee and lessee's executors,
administrators and assigns agree to pay to city the annual sum of $_____, to
become due in equal semiannual instalments, computing the time from the
_________ day of _________[year], being the rent reserved and payable
and issuing out of the ground leased as aforesaid, and upon the rent or any
part thereof becoming due and being in arrear, city by its collector or assigns
shall have the right to distrain, sue for and recover the same without delay,
and such rent or any part thereof remaining in arrear and unpaid for the space
of _________ months, from the time it shall become due, then it shall be in the
election of city, or its assigns, to recover the same either by distress and
suit, or to reenter on premises, and upon such reentry this lease shall become
and be utterly null and void, and the premises with the buildings and
improvements and appurtenances shall vest in city forever, and its assigns. It
is further agreed that lessee is to keep an insurance upon the premises and
this lease and the buildings thereon, and the same shall be exempt from city
taxation for the term aforesaid.
In testimony whereof the city of _________ has caused
the name and signature of the mayor with the public seal of city to be hereunto
affixed, and _________ has hereunto set hand and seal the day and year first
above written.
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not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
These downloadable forms are only for personal use. Retransmission, redistribution,
or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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Keywords: City As Lessor, Real Estate, Lease, Free Forms
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