Lease Contract Agreement Sample Philippines

9. LESSOR`S RIGHT OF ENTRY: The LESSOR or its authorized representative has the right to enter the premises in the presence of the LESSEE or its representative at any appropriate time, in the presence of the LESSEE or its representative, in order to examine or repair them, to present them for the operation and maintenance of the building or to expose the premises rented to DESSEE. or for other legitimate purposes that they consider necessary. CONSIDERING that LESSOR owns THE LEASED PREMISES, a residential property located in the rental property; 5. DEFAULT PAYMENT: If the ESEA is late in paying the rent, z.B. if the cheques are disgraced, the LESSOR may, at its choice, terminate this contract and eject the LESSEE. LESSOR has the right to close the premises if the LESSEE is late for one (1) month and may expire any rental deposit or advance granted by LESSEE. The parties choose the above addresses as their physical addresses for the purpose of providing a notification, payment of any amount and legal action in connection with this property lease. Each party can change the information about its physical addresses at any time, by written notification to the other party. This amendment will come into effect on the 7th day after the other party receives the notification.

Any notification that the landlord must send to the tenant is considered valid if it is sent by prepaid recommended letter to the tenant in the property or left by the landlord or his representative at that address, which is considered to be 5 days after the publication by recommended letter or on the day of sending the notification by telephone. 4. DEPOSIT: That the LESSEE, at the time of the signature of this contract and before the withdrawal, pay an amount equivalent to the rent of THREE (3) MONTHS or the sum of PESOS: AMOUNT IN WORDS (P 00,000.00), currency of the Philippines. the two-month deposit is considered rent for the 11th and 12th months, and the balance of one (1) month`s deposit is partly liable for damages and other commitments for utilities such as water, electricity, CATV, telephone, association fees or because of a violation of the provision of this contract. NOW, THEREFORE, for and taking into account the terms agreed by the parties, THEOR herely leases to LESSEE, its heirs, successors and assignments, the property described above and subject to the following conditions: A housing lease is a legally binding contract between the two parties. It contains the following information: 3. RENTAL RATE: The monthly rental price of rented premises is in PESOS: AMOUNT IN WORDS (P 00,000.00), Philippine currency. All rents must be paid to THEOR. A residential rental agreement is used when a landlord wishes to rent or lease a property to a tenant for residential and possibly residential purposes. For example, this form would be used to rent an apartment or basement suite. 10. LEASE EXPIRATION: At the expiry of the lease or termination, as stipulated here, LESSEE will immediately provide the LESSOR with the premises rented with all the appropriate keys and in a condition as good and durable as today, ordinary wear without all occupants, moving furniture, objects and effects of any kind.

The non-compliance with the provisions of this clause by LESSEE gives LESSOR the right to refuse the acceptance of the premises after its election and to compel LESSEE to pay the rent at the same rate plus twenty-five (25) % including a penalty until the LESSEE has complied with the above conditions. The same penalty is imposed if the LESSEE does not leave the premises at the expiry of this lease or termination agreement for any reason.