Lease Agreement Sample Philippines

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. NOW THEREFORE, for and taking into account the above premises, the LESSOR leased to LESSEE and LESSEE accepted by the LEASED premises, subject to: 1. PURPOSES: These premises are rented exclusively by LESSEE for residential purposes and should not be diverted for other purposes. It is expressly agreed herein that if the premises are used at any time for other purposes, THEORS has the right to withdraw from this contract, without prejudice to its other legal rights. 7. PUBLIC UTILITIES: Lessee pays for the duration of the lease for telephone, electricity, cable television, water, Internet, association fees and other utilities and utilities. A rental agreement is an agreement for one person (the “tenant”) who leases the property of another (the “lessor”) for residential purposes for a certain period of time. 1) that the term of this lease begins from the signing of the contract for a period of – (years/month) (years/month) (years/month) from the signing of this contract and may then be extended by mutual agreement between the parties; 2. That the monthly rents on the rental properties mentioned above _____P____________die then _____P____________ The rents are paid monthly by LESSEE to the LESSOR payable on the day of the month or before the _______th day of the month; 6. SUB-LEASE: LESSEE cannot sublet, admit, or completely or indirectly, the occupation of premises rented by a person, form or organization, or transfer or transfer its rights to another person or institution under that sub-direction and no interest or transfer rights are transferred by the LESSEE without the written consent of the ESOR.

NOW, THEREFORE, for and taking into account the terms agreed by the parties, LESSOR heresafter leases to LESSEE, its heirs, successors and assignments, the land described above, which is subject to the following conditions: The parties choose the above addresses as fashionable addresses for the purpose of providing a notification, payment of any amount and for which legal proceedings relating to this real estate lease may be initiated. 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.