Lease Transaction Agreement Example

A lease transaction agreement It is a contract in which the parties are exempt from the conflicts caused by the various inconveniences that may arise in this type of contracts, inconveniences such as non-payment, non-use of the property, improper use of it, mistreatment or damage between other

Example of a lease transaction contract:

Bilateral transaction contract, signed on the one hand by Mr. Humberto Carrillo Pérez, who will be represented by Mr. Humberto Carrillo Contreras, who hereinafter and for the purposes of this contract will be called "Landlord" and as counterpart The Mrs. Felisa Moreno Rojas, who will be called "Lessee" and who agree to be bound by the following statements and clauses:

STATEMENTS:

1.- Declare “the Landlord” and “the Lessee”:

1. That they have the legal capacity and enough to enter into the next contract.
2. Recognize as their addresses to hear and receive notifications the following
3. By the "Tenant" Av. Industrial Number 98 col Michigan, Del Miguel Hidalgo. Federal District. C.P 55623.
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4. By the "Landlord" Calle Matamoros number 125 Col Romero, municipality of Ecatepec de Morelos State of Mexico C.P 56200.
5. They acknowledge having entered into a lease agreement related to the property located at Av. Nextengo number 7, on the streets of Miguel Hidalgo and Vicente Rivapalacio, at the Iztapalapa Mexico D.F. Delegation. contract that is fully recognized in each and every one of its parts as well as his signature, which was reflected in his own handwriting.
6. Be fully aware of the obligations and rights that are committed in said document and in this document in writing, with the lessor having the temporary use and enjoyment of the real estate and the lessee the obligation to pay the amounts indicated in the contract object of the lease, having to do it in the time and form that for the effect is he pointed.
7. In accordance with the provisions of the corresponding chapter of the Civil Code for the Federal District and its equivalent in the State of Mexico; agree that in the case of non-compliance in the payment established in the lease contract or for not being in conditions of use of the property for reasons not attributable to any of the parties is that they are subject to the clauses that will be presented later.
8. The service of the law firm “MENDEZ Y RIVAS S.C is recognized as the law firm with personality to follow and fulfill this contract in accordance with the following clauses:

CLAUSES:

First.- Both the "LESSEE" and the "LESSOR" agree to enter into this Transactional contract, making their respective concessions for the purpose of terminate the lease between them in relation to the property located at Av. Nextengo number 7, Miguel Hidalgo and Vicente streets Rivapalacio, in the Iztapalapa Mexico D.F Delegation; This contract will take effect, when the tenant stops paying the agreed price as the rent of said property as agreed in said contract or when the landlord's property is not in the conditions of use and enjoyment corresponding to its nature and condition; thus avoiding conflict or controversy with the parties.

Second.-  In accordance with what is established in this contract, the Landlord will return the amount received for the lease, if the property is in uninhabitable conditions in the otherwise, the tenant will be forced to vacate the property that is the object of the lease in the event of not paying the rent for a period exceeding three months in the consecutive. The foregoing will be adjusted in everything related to its acts, effects and compliance with the law firm "MENDEZ Y RIVAS S.C.

Third.- It is the obligation of the parties to notify "MENDEZ Y RIVAS S.C" the cases listed below:

Non-payment by the tenant will be notified in writing, this notice may be made on the third day after the three months set.

In the event that the property is found with hidden injuries, vices or damages that make your room impossible, the Lessee must give written notice to "MENDEZ Y RIVAS S.C" who will inform the Landlord to make the amount above settled down.

Quarter.- If after the counterpart has been clearly notified, and it has not complied with the stipulated in this contract, in a period of 10 days, it will accept what is established in that sense in this contract.

Fifth.- "The Lessee" will be obliged to vacate expeditiously within a period of 10 days that will be counted from the notification corresponding, as well as the one that must be delivered in the conditions in which the property was delivered alone or with improvements or wear correspondent.

Sixth.- "The Lessor" is obliged to return the agreed sums except for those not claimed or caused by alternative effects. All in accordance with the rights corresponding to the tenant.

Seventh.- "MENDEZ Y RIVAS S.C" must be notified with a margin of 10 days of any breach by the parties, and they must indicate all the corresponding details.

Eighth.- The address of "MENDEZ Y RIVAS S.C." It will be the site where the parties can make the notices, notifications and presentation of corresponding documents.

Ninth.- The parties grant all the corresponding powers to "MENDEZ Y RIVAS S.C", to carry out all the activities and movements necessary for the full compliance of this contract.

Tenth.- The Transactional Lessor party in compliance with the reciprocity of obligations for breach of the Lessee undertakes not to exercise legal action of execution of this contract before judicial courts, if the Lessee does not owe overdue rents entered into in this lease and not collect expenses and costs of judgment for this reason, having the obligation to absorb the cost of the move for the removal of their belongings.- And for that matter, of non-compliance of the transactional lessor is obliged to return to the tenant the sum of money received for the rent except for that which she has used and enjoyed in terms of what was agreed.

Eleventh.- The landlord will deliver the property within 10 days after three months have elapsed since the payment has been suspended, there being no legal recourse in by virtue of which it recognizes that only with the non-payment of the contracted rent, it incurs a failure to fulfill the contract, running all the expenses generated by its own account.- And in the case of non-compliance of the transactional lessor, it will vacate in terms of the aforementioned, and the lessor will receive the property and in the case of not doing so, the keys will be deposited in the offices of "MENDEZ Y RIVAS S.C." in a sealed envelope that will be delivered to the landlord by said signature.

Twelfth.- To the debtor party, the assets that cover the debt for unfulfilled rents may be seized in any case.

Thirteenth.- This transactional contract has with respect to the parties, the same efficacy and authority of res judicata, renouncing any other order or application other than the clauses indicated here, as it is considered fair and attached to the law, the object of this contract being to carry out a legal verification purpose, for the establishment of the certainty and legal effectiveness, as well as enforceability in its compliance, ending any controversy, therefore submitting to the means of enforcement that for these purposes is the proceeding in terms of the Code of Civil Procedures for the Federal District or its correlative in the State of Mexico, submitting to the Federal District Courts for its execution or compliance.

After reading this contract to the parties, and being clear of their rights, powers, benefits and obligations, it is passed to the signature thereof, and of In accordance with the parties, the original will be kept in the offices of "MENDEAZ Y RIVAS S.C" and a copy will be delivered to each of the parts.

Mexico Federal District as of August 9, 2012

"LANDLORD TENANT"
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