Beruflich Dokumente
Kultur Dokumente
This CONTRACT OF LEASE, made and entered into this ____ day of ____________,
_______________________________________________ hereinafter
- And -
_______________________________________________ hereinafter
- WITNESSETH : That -
_____ sqm., and the attached list of appliances and fixtures as Annex “A”, herein
is willing to lease the same unto the LESSEE subject to the terms and conditions
hereinafter specified.
mutual covenants herein contained, the LESSOR has let and by these presents
does hereby let and lease unto the LESSEE the Leased Premises and the LESSEE
hereby accepts the same by way of lease subject to the terms and conditions
which follows:
extend/renew the lease for another period by giving the LESSOR written
notice thereof thirty (30) days prior to the expiration of the lease period. The
hereof except the rental price, which shall be subject to the mutual
2. RENTAL
(a) PAYMENT - The parties herein agree that the monthly rental of the Leased
Premises throughout the period of lease, shall be at PH PESOS:
payment for unpaid bills for utilities such as water, electricity, cable TV,
damages shall exclude those arising from natural wear and tear, at the
termination of this lease contract. The same currency and amount paid by
the LESSEE shall be returned to the LESSEE THIRTY (30) days after the Leased
Premises have been vacated by the LESSEE and after the LESSEE has been
cleared of all utilities costs (water, electricity, telephone and other private
The ____ months advance rental and ____ months security deposit
(c) PAYMENT TERMS – The LESSEE shall pay the LESSOR the amount of PH PESOS:
representing the remaining ___ months advance rental via post dated
(d) FURNISHING – The leased premises is a furnished unit with appliances and
fixtures that are listed in detail in attached Annex “A” of this contract. Upon
the expiration of the lease, the LESSEE shall ensure the appliances are
not arising from the usual wear and tear will be deducted from the security
deposit.
The inventory of fixtures has been made between the parties. In case of
and the good and tenantable condition before signature of the lease
The reading meter of water and electricity will be executed upon the day
of turnover of the unit. Payment due for the said utilities will be paid by the
3. UTILITIES - The LESSEE shall pay at his exclusive expense the consumption for
electricity, water, cable TV, telephone, internet, and other private utilities
comply with all the laws, rules, regulations and policies set by the building
administration office. LESSEE is also accountable for all other dues and
payments, if there’s any, aside from the monthly dues, which are for the
account of the LESSOR, during the period covered by this lease contract.
and shall not be used for purposes other than residential without the written
consent of the LESSOR. The LESSEE shall not assign or sublet the Leased
Leased Premises shall remain the exclusive property of the LESSEE upon the
the Leased Premises, for which the same shall inure to the benefit of the
LESSEE in the Leased Premises with the written consent of the LESSOR shall
automatically inure to the benefit of the LESSOR and become the property
of the LESSOR without any obligation on the latter's part to pay or refund
the value or cost of these improvements, unless the said improvements may
8. SANITATION AND REPAIRS – The LESSEE has inspected the leased premises
and found the same to be the same and in good tenantable condition
that the LESSEE shall at her expense keep the premises clean and in sanitary
condition and keep them in all times in good condition. The LESSOR shall be
responsible for all major repairs on the leased premises including water,
and tear, the lapse of time or any damage attributable to termite or other
similar causes, except for repairs required for damage due to the fault or
The LESSOR, upon prior notice to the LESSEE, shall have the right during
reasonable hours with prior consent of the LESSEE, to enter and inspect the
LEASED PREMISES and to make the necessary repair thereon. Minor repairs
For the purpose of clarifying these provisions, “major repairs” shall refer to
including cost of material and labor. Minor repair shall be for the account of
the LESSEE while major repair shall be for the account of the LESSOR. The
LESSEE shall be responsible for all repairs due to the fault or negligence of
9. FIRE HAZARDS - The LESSEE shall not keep, deposit or store in the Leased
10. INSPECTION AND VISITATION - The LESSEE shall maintain the Leased Premises
in good tenantable condition and for such purpose, the LESSOR reserves
the right, at reasonable times and with prior notice to the LESSEE, to enter
and inspect the Leased Premises and to make necessary repairs, therein.
The LESSEE likewise agrees to cooperate with the LESSOR in keeping the
LESSEE.
11. TAXES AND INSURANCE - Real estate taxes and all other government
LESSOR/UNIT OWNER.
mortgage or encumbrance of the same, the LESSEE shall have the first
option to purchase the property under the same terms and conditions that
is offered to the buyer. The LESSOR shall warrant that the purchaser,
including the provisions for the renewal thereof. To this end, the LESSOR
undertakes to inform any existing or prospective buyer, mortgagee, or any
any other cause, the LESSEE shall give immediate notice thereof to the
or any other natural calamities and without the fault or negligence of the
possible after such notice. However, the LESSEE may make the said repairs
and shall be entitled to full reimbursement from the LESSOR, if the LESSOR is
Premises is not suitable for occupancy, the LESSEE shall be entitled to refund
either party may demand for the rescission of this lease contract and in
such case, the deposit mentioned above, (after deducting any unpaid bills
for the water, electricity and any other outstanding account of the LESSEE)
guests.
The LESSEE, during his occupancy of the leased premises shall hold the
leased premises by the LESSEE, his agents, employees, domestic help and
guests.
15. RETURN OF THE LEASED PREMISES - Upon the termination of this lease
contract for any reason whatsoever or any extension thereof, the LESSEE
LESSOR peacefully and without need of demand. The LESSEE shall return the
was upon LESSEE’s occupancy; otherwise, the cost of such cleaning and
repairs shall be for the account of the LESSEE. The Leased Premises must be
turned over by the LESSEE to the LESSOR in a clean and orderly manner.
Within thirty (30) days prior to the expiration of the agreed lease period, and
in the event that the LESSEE should fail to exercise his option to extend the
LESSEE.
In the event LESSEE fails to vacate the LEASED PREMISES at the end of the
period of lease, the LESSEE shall, with LESSOR’s prior consent, be extended
(Php __________________.00).
16. PRE-TERMINATION – The LESSEE warrants the fulfillment of the initial full term
of this lease contract during which no refund of the advance rentals and
____ months security deposit can be made. However, should the LESSEE be
circumstances beyond his control during the initial lease term, the LESSEE
shall have the option to assign another officer of the LESSEE’s company or
the new assignee. Upon notice to the LESSOR, the said new occupant shall
continue the remaining portion of the lease and abide by the terms and
Upon receipt of the said notice to terminate, the LESSOR may show the
In the event of the termination of this lease contract for any reason
whatsoever, the LESSEE shall immediately vacate the premises with due
LESSOR in the same habitable condition as it was when the LESSEE set in
arbitration shall pay the aggrieved party, the sum equivalent to twenty five
18. VENUE OF ACTION - Any action arising under this contract shall be brought
19. This contract supersedes any and all contract executed prior hereto, which
IN WITNESS WHEREOF, the parties hereto have signed these presents on the date
LESSOR LESSEE
By: By:
_________________________________ ___________________________________
_________________________________ ___________________________________
ACKNOWLEDGEMENT
) SS.
foregoing Contract and acknowledge to me that the same is their free and
voluntary act and deed which they represent for uses and purposes therein set
forth.
I further certify that said Contract consists of eight (8) pages including this one
and Annex A and signed by the above named parties and his witness.
Page No.______;
Book No.______;
Series of 20____.