AGREEMENT OF LEASE
[Storage Unit]
Made and entered into by and between:
Papavangelo Trading 235 (Pty)Ltd
(Reg. No: 2003/025421/07)
T/A RUSTENBURG STORAGE 4 U
[Represented by NL Claassen duly authorized thereto]
(Hereinafter referred to as the “LESSOR”)
and
_____________________________________________________________________
(Hereinafter referred to as the “LESSEE”)
The LESSOR hereby leases the Storage Unit to the LESSEE, which hires the
same from the LESSOR on the terms and conditions set out in this Lease
Agreement.
1. THE LEASED PREMISES:
Storage Unit No: __________ type ____, situated on Remaining Extent,
Portion 1 of Holding 31, Waterval, Rustenburg.
2. THE COMMENCEMENT AND DURATION OF THE LEASE:
This lease agreement shall commence on the _______ day of
______________ 2012 and shall continue, for a minimal period of three(3)
calendar months, until the _______ day of _____________ 20____ on which
date it shall terminate. The Lessee will have the option to extent the lease
period for another minimal period of three(3) months by giving the Lessor
notice of his/her intention to do so at least thirty(30) days prior to the
termination date.
3. RENTAL:
The rental payable by the LESSEE hereunder for the hire of the premises shall
be R_______________ ( ___________________________________ Rand)
per month plus VAT.
4. SIGNATURE AND SURETY
On signature this document constitutes a formal and written agreement of
lease between RUSTENBURG STORAGE 4 U (“the Lessor”) and the Lessee.
By his/her signature, the Lessee acknowledges the suitability of the unit and
accepts that he/she is bound by the Terms and Conditions printed on the page
attached hereto and signed by both parties and confirms the information on
the attached Information Sheet both of which shall form an integral part of this
agreement.
Should the Lessee be a company, trust, close corporation or any other
legal entity the person signing this lease agreement bind
himself/herself as co-principal debtor and surety in solidum with the
Lessee for any amount due by the Lessee to the Lessor arising from
this lease agreement.
Signed at Rustenburg on this __________ day of _______________________ 2012.
_______________________ ______________________
For: Lessor For: Lessee