Section 620: Special provision relating to the contract of lease of immovable property

1) Notwithstanding anything contained elsewhere in this Chapter, a contract of lease of any immovable property shall be concluded in writing.

2) While leasing any immovable property for a period of more than ten years, the contract of lease, setting out such matter, shall be registered in a body legally authorized for that purpose.

3) Notwithstanding anything contained elsewhere in this Chapter, no immovable property can, without the consent of the Government of Nepal, be leased to a person who cannot acquire ownership in any immovable property in Nepal according to law, for the purpose of farming, constructing a building, or housing and land development.

4) In returning any building, shed or other structure built by the lessee, or the garden, forest or trees located, in the land leased under the contract of lease to the lessor upon the expiry of the validity period of the contract of lease, except as otherwise provided for in the contract, the lessee shall be deemed to have right and ownership in such building, shed or other structure or garden, forest or trees located therein, and the lessee shall accordingly remove such building, shed, structure, garden, forest or trees from such land.

5) Notwithstanding anything contained in sub-section (4), if the lessor desires to take such building, shed, or other structure or garden, forest, or trees located in such land on an as-is, where-is basis, the lessor shall pay the mutually agreed price for the same.