LRS Indeminity Bond PDF
LRS Indeminity Bond PDF
LRS Indeminity Bond PDF
(On Non- Judicial stamp paper of Rs. 100 & Notarised) [To besubmitted
along with application form)
This indemnity bond and under taking executed on this ....... day of .........2020 by
1.Smt/Sri...............................................S/o/.W/o.................................
age.............. occupation....................
The Applicant/Owner R/o [Address].......................................................
Herein after called the FIRST PARTY, which term shall include their legal heirs
successors, assignee, agents, representatives and tenants.
IN FAVOUR OF
The Vice chairman...................................................................UDA/
Commissioner............................ Municipal Corporation/ Municipality, Herein
after called the SECOND PARTY, which term shall include all officials and staff of
the .................UDA/Commissioner........................ Municipal Corporation/
Municipality.
Whereas FIRST PARTY has applied for the regulation of unapproved
layout/unapproved subdivision of plots in Sy.No...................to an extent
of...............................Sq.mts / Acres of................ (R.V) .............. .............. (G.P)
...............................Mandal......................District.
Whereas the SECOND PARTY has agreed to consider the regulation of the said
regulation of unapproved layout/unapproved subdivision of plots in terms of Andhra
Pradesh Regulation and unapproved and Illegal layout Rules ,2020 and made it a
condition that there shall not be any defects/litigations over the said site/land and the
same shall be free from the all claims of Govt.. /Banks/ and attachment of courts and
FIRST PARTY has to indemnify the SECOND PARTY to this effect.
Whereas the FIRST PARTY having agreed to aforesaid condition hereby indemnifies
the SECOND PARTY with the above assurance and hereby solemnly declare that the
above said site/land is the property of the FIRST PARTY which is possessed by
him/her since the date of purchase and the same is free from all defects, litigations,
claims and attachments from any courts etc., and in case of any disputes /litigations
arises at any time in future the FIRST PARTY shall be responsible for the settlement
of the same and the SECOND PARTY shall not be a party to any such
disputes/litigations.
Hence this Indemnity Bond
I affirm that I shall abide by the conditions imposed by the Second Party and I
hereby undertake to hand over the roads, streets, open spaces/area affected in road
widening earmarked in the regulated layout to the local authority free of cost through
a registered gift deed.
SIGNATURE & Name of FIRST PARTY
1.Owner/Applicant
WITNESSES:
1. SIGNATURE:
Name and address:
2. SIGNATURE:
Name and address:
PUBLIC NOTARY