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CONTRACT OF LEASE
KNOW ALL MEN BY THESE PRESENTS:
This
Contract
of
Lease,
made
and
executed
in
________________________________, this ____ day of __________, by and between:
ECIJAS PLACE, represented herein by its owners, Mr. and Mrs. Claudio D. Ecija,
with office address at Rivera Street Cauayan City Isabela, hereinafter referred to as the
LESSOR;
-
And
______________________
age ____ years old,
and a resident of
___________________________________________, herein referred to as the LESSEE.
WITN E S SETH :
WHEREAS, the LESSOR is the owner of the said property identified and known
as ECIJAS PLACE, (PROPERTY, for brevity), located at Rivera Street Cauayan City
Isabela;
WHEREAS, the LESSEE is leasing and the LESSOR has agreed to lease to the
LESSEE, the office space/ apartment (whichever is applicable), provided with furnishings
and forming part of this Contract;
NOW, THEREFORE, for and in consideration of the foregoing premises,
LESSOR hereby leases to the LESSEE and LESSEE hereby accepts by way of lease from
LESSOR, the Property, subject to the following terms and conditions:
1. TERM - The term of this lease shall be for a period One (1) month to start on
________________ and ends on ________________, renewable for another
term, under conditions governing this Contract, provided a written notice of
renewal is given by the LESSEE to the LESSOR at least thirty (30) days
before expiration of this Contract;
2. RENTAL - The monthly rental for the said office space/ apartment shall be
Php._________. All cost and expenses for electricity and other expenses not
included in the amenities agreed upon. However, water is inclusive to the
monthly rental;
3. DEPOSITS Upon the execution of this Contract, LESSEE shall pay to the
LESSOR the sum of Php.________, as the one month advance and
Php._______, as a security deposit.
4. USE OF LEASED PREMISES - The Property shall be used exclusively by
LESSEE for residential purposes only and such may not be altered or
renovated. Any repair shall be done exclusively by the LESSOR at
the
expense of the LESSEE if any.
5. SANITATION AND REPAIR - LESSEE acknowledges that the property is in
good and tenantable condition and agrees to keep the same in such condition.
Any and all repairs, replacements and maintenance work covering ordinary
wear and tear and that which are necessary to maintain beneficial and adequate
use of the Property, including the furnishings.
Lessor
Lessee
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES (Cauayan city ) S. S.
BEFORE ME, a Notary Public for and in the City of Cauayan, this _____day of
___________________, personally appeared the following persons with their respective
Community Tax Certificates:
both known to me and to me known to be the same persons who executed the foregoing
Contract of Lease, consisting of three (3) pages including this page, signed by them and
their instrumental witnesses and they acknowledged to me that the same is their free and
voluntary act and deed.
WITNESS MY HAND AND SEAL on the date and in the place first above
written.
Doc. No. _______
Page No. _______
Book No. _______
Series of 2016.