CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease made and entered into this_______day of ____________________, in

______, Philippines by and between:

______________________ of legal age, Filipino citizen, with address at

________________________________hereinafter referred to as the “LESSOR”.

- and -

___________________________, of legal age, single and with address at

________________________________ hereinafter referred to as the “LESSEE”.

-WITNESSETH: That-

WHEREAS, the LESSOR is the registered owner of a residential ______ ( ) bedroom/s unit
known as the Unit, ___________________________________________________, furnished unit, (refer
to Annex A) containing a floor area of ____ sqm. more or less, hereinafter referred to as the
“PREMISES”;

WHEREAS, the LESSEE represents and warrants that she has the legal capacity to enter into this
Contract of Lease;

WHEREAS, the LESSEE desires to lease the above-mentioned PREMISES and the LESSOR is willing
to lease the same unto the LESSEE, subject to the terms and conditions hereinafter set forth;

NOW, THEREFORE, for and in consideration of the foregoing mutual covenants hereinafter
contained, the LESSOR has let and by these presents does hereby let and lease unto the LESSEE the
aforesaid PREMISES and the LESSEE hereby accepts the same, subject to the following terms and
conditions;

1. LEASED PREMISES – The subject PREMISES is a residential ______ ( ) bedroom/s unit located
at __________________________________________________________________.
.
2. PERIOD OF LEASE - This Contract of Lease, hereinafter referred to as CONTRACT, shall be for a
period of _________ ( ) months from ___________________to__________________
renewable at the conformity of the LESSOR and subject under such terms and conditions by
mutual agreement of both parties. Should the LESSEE desire to renew this CONTRACT, the
LESSEE must signify his/her intention by written notice thereof to the LESSOR at least (1) month
prior to the expiration of this CONTRACT.
3. AMOUNT OF RENT – The parties herein agree that the monthly rental of the PREMISES shall be
_____________________________________________________ (Php _____________)
Philippine currency. The monthly rental shall be inclusive of the monthly association dues.
4. MANNER OF PAYMENT
a. Upon signing of this CONTRACT and prior to move-in, the LESSEE shall pay the sum of
________________________________________ (Php ______________) representing
___________ ( ) month/s advance rental payment and ___________ ( ) month/s
security deposit. The balance of __________ ( ) monthly rental payments shall be
paid in cash on the ___________ ( ) month of the lease period. A penalty of Php
200.00/day for late payment. After 15 days of delayed payment from every
____________ day of each month the Lessor has the right to terminate this contract and
forfeit the two months security deposit.
b. The security deposit shall be used to settle unpaid bills, costs/expenses for any damage
to the premises, furniture, fixtures, appliances, equipment, and/or unpaid bills such as
electric, water, long distance calls and other expenses as may be applicable. If the
security deposit is not enough to settle such costs/expenses, the LESSEE shall be obliged
to settle the same unto the LESSOR. The unused amount shall be refunded without
interest within thirty five (35) days after the expiration of the contract, provided the
LESSEE has settled all bills. The said security deposit shall not, during the lease period or
any extension or renewal thereof, be used to offset rentals or other payments to the
LESSOR from the LESSEE.
5. UTILITIES – Electricity, water, and other services shall be for the account of the LESSEE and shall
immediately be paid by the LESSEE upon receipt of the billing.
6. TAXES AND INSURANCE – Real Estate taxes, fire insurance premium, and other assessments
shall be for account of the LESSOR.
7. RESIDENTIAL PURPOSE – The PREMISES shall be used for residential purpose only. It shall be
used exclusively by ___________ ( ) occupants. Only a short stay, defined as one to three
days shall be allowed for guest/s or relative/s. It shall not be sub-leased without the written
consent of the LESSOR.
8. HOUSE RULES AND REGULATIONS – The LESSEE agrees to abide by the existing rules and
regulations promulgated by the _________________________________________________.
The LESSOR prohibits smoking and pets in the unit. Rowdy parties in the unit should be avoided.
9. FIRE HAZARD AND OBNOXIOUS SUBSTANCES – The LESSEE shall not keep, deposit, or store in
the PREMISES any obnoxious substance or inflammable material that may be hazardous nor
install any apparatus or equipment which may expose the PREMISES to fire or increase fire
hazard to the building, In the event of fire in the PREMISES due to the fault or negligence of the
LESSEE, his household member/s, guest/s and/or visitor/s in the PREMISES, the LESSEE shall take
full responsibility in paying for the cost of damages.
10. IMPROVEMENTS – The LESSEE shall not make any change, alteration, and/or improvement in
the PREMISES without the written consent of the LESSOR. Likewise, the LESSEE shall not drill
holes on the walls, including the bathroom, for whatever purpose. Upon termination of the
contract, any permanent improvement so introduced by the LESSEE in the PREMISES with prior
written consent of the LESSOR, shall automatically become the property of the LESSOR without
any obligation on the latter’s part to pay or refund its value or cost to the LESSEE.
11. SANITATION, REPAIRS AND MAINTENANCE
a. The LESSEE hereby expressly acknowledges that the PREMISES, furniture, fixtures,
appliances and equipment are in good condition and agrees to maintain them in such
condition. The LESSEE agrees to keep the PREMISES in a clean and sanitary condition,
free from obnoxious odours. Upon expiration of the CONTRACT, the PREMISES,
furniture, fixtures, appliances and equipment shall be returned in as good condition as
that which they were actually found at the beginning of the lease.
b. The LESSOR shall be responsible for all major repairs on the PREMISES caused by
ordinary wear and tear, except repairs due to the fault or negligence of the LESSEE, his
household member/s, guest/s and/or visitor/s.
c. Minor repairs costing less than Three Thousand Pesos (P3,000.00) for each occurrence
shall be for the account of the LESSEE. The clause for minor repair shall take effect one
(1) month after the LESSEE has moved in.
12. INSPECTION OF PREMISES – With prior notice to the LESSEE, the LESSOR reserves the right to
enter and inspect the premises at reasonable times and with advance notice to the LESSEE, and
in the presence of the LESSEE’s representative.
13. NON-LIABILITY OF LESSOR - The LESSOR shall not be liable for any loss, damage, or
inconvenience which the LESSEE may sustain in the PREMISES due to any cause whatsoever,
including but not limited to interruption of service (electricity, water, telephone, internet, etc.),
fire, theft, or and/or any fortuitous events.
14. THIRD PARTY LIABILITY – The LESSEE shall hold the LESSOR free and harmless from any damage,
liability, or responsibility to any person or for any property arising out of a consequence of the
use of the PREMISES by the LESSEE, his household member/s, guest/s, and/or visitor/s.
15. RETURN OF THE LEASED PREMISES – Upon termination of this CONTRACT, unless it has been
renewed or extended, the LESSEE shall immediately and peacefully return to the LESSOR the
possession of the PREMISES in as good, clean, sanitary tenantable condition as when the LESSEE
received it from the LESSOR. The furniture, fixtures, appliances and equipment (ANNEX __) shall
be turned over by the LESSEE to the LESSOR in good condition as then the LESSEE received
these.
Thirty (30) days prior to the expiration or cancellation of this contract, the LESSOR may show the
PREMISES to prospective tenants at reasonable hours and with at least two (2) working days
advance notice to the LESSEE. If the PREMISES are not surrendered at the expiration of the
leased period or any and all claims made thereof, the LESSEE shall indemnify the LESSOR against
any and all claims made by the possession of the PREMISES to such succeeding tenant, insofar as
such delay is occasioned by the failure of the LESSEE to surrender the Leased Premises on time.
16. PRE-TERMINATION – Should the LESSEE decide to pre-terminate this CONTRACT for whatever
reason, the security deposit in the amount equivalent to two (2) months rental shall be forfeited
in favour of the LESSOR, as penalty for pre-terminating the CONTRACT, exclusive of any
applicable cost for damages to the PREMISES, furniture, fixtures, appliances, equipment and/or
other payables such as electric, water, telephone long distance bills. The LESSOR may terminate
 this contract without need of any prior notice in case of violation of any section of the
CONTRACT.
17. NON-WAIVER – The failure of the LESSOR to insist upon a strict performance of any of the
terms, conditions, and covenants herein shall not be deemed a relinquishment or waiver of any
right or remedy which the LESSOR may have nor shall it be construed as a waiver of any
subsequently breach or default of the terms, conditions, and covenants herein contained, but
the same shall continue to be in full force and effect. No waiver by the LESSOR shall be deemed
to have been made unless expressed in writing and signed by the LESSOR.
18. BREACH OR DEFAULT – The LESSEE agrees that all the terms and agreements herein contained
shall be deemed conditions as well as covenants and that if breach or default is made of any
such covenants and conditions, then this CONTRACT, at the discretion of the LESSOR, may be
terminated and cancelled forthwith, and the LESSEE shall be liable for any and all damages,
actual and consequential, resulting from such default and termination.
19. VENUE – In case of court action arising from or in relation to this CONTRACT, the venue shall be
only and exclusively in the proper court of LAS PINAS CITY.

IN WITNESS WHEREOF, the parties have hereunto set their hands at the place and date first
above written.

LESSOR LESSEE

SIGNED IN THE PRESENCE OF:

________________________________ _________________________________

ACKNOWLEDGEMENT

Republic of the Philippines)

Las Pinas City )

Before me, this __________ day of ___________________, 2019, in , personally

appeared:

Known to me and to me known to be the same persons who executed the foregoing instrument
and they acknowledged to me that the same is their free and voluntary act and deed.

This instrument refers to a Contract of Lease consisting of ___ pages including ANNEX ____, and
this page whereon this acknowledgement is written and signed by the parties and their instrumental
witness on each and every page thereof.

WITNESS MY HAND AND SEAL

Doc. No. ____________

Book No. ___________
Page No. ___________
Series of 2019