The document is a contract of lease between Jocelyn R. Reta (the lessor) and an unnamed lessee. It details the terms of the lease of a property located in Nagpayong, Pinagbuhatan, Pasig City from January 17, 2013 to January 17, 2014. The key terms include a monthly rental of P4,000 to be paid on the 17th of each month, a security deposit of two months rental, responsibilities for utilities by the lessee, repairs to the original structure to be covered by the lessee, and exemptions of liability for the lessor in case of damage or injury to the lessee or guests during the lease period.
The document is a contract of lease between Jocelyn R. Reta (the lessor) and an unnamed lessee. It details the terms of the lease of a property located in Nagpayong, Pinagbuhatan, Pasig City from January 17, 2013 to January 17, 2014. The key terms include a monthly rental of P4,000 to be paid on the 17th of each month, a security deposit of two months rental, responsibilities for utilities by the lessee, repairs to the original structure to be covered by the lessee, and exemptions of liability for the lessor in case of damage or injury to the lessee or guests during the lease period.
The document is a contract of lease between Jocelyn R. Reta (the lessor) and an unnamed lessee. It details the terms of the lease of a property located in Nagpayong, Pinagbuhatan, Pasig City from January 17, 2013 to January 17, 2014. The key terms include a monthly rental of P4,000 to be paid on the 17th of each month, a security deposit of two months rental, responsibilities for utilities by the lessee, repairs to the original structure to be covered by the lessee, and exemptions of liability for the lessor in case of damage or injury to the lessee or guests during the lease period.
The document is a contract of lease between Jocelyn R. Reta (the lessor) and an unnamed lessee. It details the terms of the lease of a property located in Nagpayong, Pinagbuhatan, Pasig City from January 17, 2013 to January 17, 2014. The key terms include a monthly rental of P4,000 to be paid on the 17th of each month, a security deposit of two months rental, responsibilities for utilities by the lessee, repairs to the original structure to be covered by the lessee, and exemptions of liability for the lessor in case of damage or injury to the lessee or guests during the lease period.
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CONTRACT OF LEASE
KNOW ALL MEN BY THESE PRESENTS:
This AGREEMENT made and executed this __ day of,________ 2013, in Pasig City, Philippines by and between: JOCELYN R. RETA , of legal age with postal address at # ______________, Pinagbuhatan, Pasig City referred to as the LESSOR And ____________________________ of legal age and with postal address at Nagpayong, Pinagbuhatan, Pasig City, herein after referred to as the LESSEE
WITNESSETH THAT WHEREAS for and in consideration of the rental and mutual covenants hereinafter specified, the LESSOR hereby lease unto the LESSEE the room, situated at __________________Nagpayong, Pinagbuhatan, Pasig City. WHEREAS, the LESSEE is willing to lease the above-mentioned property under the terms and conditions specified herein to which the LESSOR has agreed, NOW THEREFORE, for and in consideration of the foregoing premises and of the mutual covenants and stipulations herein contained, the LESSOR AND LESSEE have mutually agreed: LEASE PERIOD: The term of these lease shall be for a period of One (1) year/s commencing on January 17, 2013 and ending on January 17, 2014. One (1) month before the expiration of contract of lease the LESSEE should notify the LESSOR in writing of her/his intention to renew the contract and if the LESSOR is agreeable a new contract shall be executed subject to the new terms and conditions to be agreed upon by the parties. RENTALS; The monthly rental shall be Four Thousand pesos ( P4,000.00 )pesos Philippine Currency. Upon signing of this contract of lease, the LESSEE shall pay the LESSOR Two months advance rental and month deposit payable every 17 th day of each every month. SECURITY DEPOSIT: The LESSEE shall likewise pay representing Two (2) month/s rental deposit the cover outstanding utility bills and/ or damages to property, excluding natural wear and tear after the termination of contract. Should there be any balance left from such deposit, after deducting the expenses aforementioned , it shall not be refunded or the LESSEE should consume the remaining at least 30 days from the termination of contract. Further, the SECURITY DEPOSIT CANNOT BE APPLIED TO THE MONTHLY RENTAL PAYMENT; . Should there be any violation on the following terms and conditions of the said contract of lease, the full amount of the security deposit shall be forfeited. UTILITIES: All expenses for water and electricity shall be for the account of LESSEE, AND THE LESSEE undertakes to pay for such expenses in a timely manner. THE LESSEE shall use the premises for LAWFUL PURPOSES ONLY; REPAIRS. The LESSEE has thoroughly inspected the leased premises to be leased and he is satisfied with its condition and finds the premises acceptable and suitable for the purpose for which it is being leased; Expenses for the repairs of the original structure of the premises for both labor and materials shall be shouldered by the lessee. The LESSEE before commencing to such must first submit/inform the plans thereof to the LESSOR for its approval, otherwise, the LESSEE will be held liable for damages; IMPROVEMENTS: Upon the termination of the contract, any alteration/improvements, approved/allowed by the LESSOR, made or introduced by the LESSEE in the leased premises shall automatically to ensue the benefit of the LESSOR without any obligation whatsoever to the LESSEE; OTHER CONDITIONS: LESSEE further covenants with LESSOR: To answer for all the acts and omission of any family member, servants and guests and all other persons allowed access by LESSEE into the premises; Not to store or bring into the leased premises any obnoxious substances or flammable material that might constitute fire hazard; THIRD PARTY LIABILITY: For so long as this lease contract is in effect and/or the LESSEE is occupying the premises, the LESSOR shall not answer for any damages, liability and responsibility arising from: Fire The consequence of the use or misuse of the leased PREMISES by the LESSEE, his agents, employees, domestic helps, guests and sub-lessees; Fortuitous Events or Acts of god; and Events similar to the above mentioned; WAIVER OF CIVIL AND CRIMINAL LIABILITIES: Should part or portion of the entire building leased by the LESSEE collapse and as a consequence, the LESSEE and his/her immediate members of the family, visitors, guests, sustain/suffer injuries, damages, or loss of life, the LESSORS is exempted from civil or criminal liabilities, henceforth, the LESSEE thereby dismiss/discharge or release the LESSOR from any kind of claim that may arise in the future. ABANDONMENT OF LEASED PREMISES: In case the leased premises shall be abandoned/vacated without notice and before the expiration of this lease, the Lessor shall have the right to enter the same, by any means, without any liability whatsoever. Further, the LESSOR, shall have the right to forfeit the advance payment, security deposit, and guaranty deposit, while holding the LESSEE liable for any deficiency and all rental due for the term of the lease; IN WITNESS WHEREOF, we have, hereunto affixed our signatures this __ day of ____________________, 20 _______________ City Philippines.
LESSOR LESSEE
________________________________ __________________________ JOCELYN R RETA
REPUBLIC OF THE PHILIPPINES) _________ CITY )s.s.
BEFORE ME, A Notary Public for an in Pasig City, this ____ th day of ________________2013, personally appeared the following: Name TIN No./CTC JOCELYN R RETA CTC No. ___________ ________________________ CTC #_________________ 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 of their own free and voluntary act and deed. This Contract of Lease consists of four (4) pages including this page on which this acknowledgment is written, and signed on each and every page by the parties herein including their instrumental witnesses. WITNESS MY HAND AND SEAL on this _____________ day of ________________ 2013 at ______________ City, Philippines
Doc. No.__________ Page No._________ Book No. ________ Series of 2013_____