Contract of Lease
Contract of Lease
: RU-053112-004
CONTRACT OF LEASE
(R e s i d e n t i a l)
This CONTRACT OF LEASE, made and entered into this _____ day of ______ 2023, by and between:
SHEILA MAE GARCIA, of legal age, single, Filipino and with residence at Blk 3 Lot 30, St. Joseph
Richfield, Brgy. Tagapo, City of Sta. Rosa, Laguna herein referred to as the “LESSOR”
- and -
WITNESSETH; That
WHEREAS, the LESSOR, is the property manager of a certain parcel of land with improvement
located at ___________________________________________________________________, hereinafter
referred to as the "LEASED PREMISES".
WHEREAS, the LESSEE desires to lease the LEASED PREMISES, and the LESSOR is willing to
lease the same unto the LESSEE, subject to the terms and conditions hereinafter specified.
NOW THEREFORE, for and in consideration of the foregoing mutual covenants herein contained,
the LESSOR has let and by these presents does hereby let and lease unto the LESSEE the aforesaid LEASED
PREMISES subject to the following terms and conditions.
1. TERM OF LEASE – This term of lease is for one (1) year, from _______________to _______________,
both days inclusive. Upon its expiration, this lease may be renewed under such terms and conditions as may
be mutually agreed upon by both parties, written notice of intention to renew the lease shall be served to the
LESSOR not later than one (1) month prior to the expiry date of the period herein agreed upon. In case of
pre-termination of lease, a written notice of at least one (1 month) prior to the end date is also required.
2. RENTAL & MANNER OF PAYMENT – The monthly rental rate for the LEASED PREMISES shall be
______________________________. All rental payments should be made in advance to be paid on or
before the ____ of each month.
In case of late payment by the LESSEE of the monthly rental, which shall commence from the ____ of each
month, a penalty of 10% of the monthly rental rate would be charged to the LESEE by the LESSOR.
In case of default by the LESSEE in the payment of the rent, the LESSOR, at his/her option may terminate
this contract and eject the LESSEE. The LESSOR has the right to padlock the premises when the LESSEE
is in default of payment for one (1) month and may forfeit whatever rental deposit or advances have been
given by the LESSEE.
3. SECURITY DEPOSIT – The LESSEE shall pay two (2) months security deposit amounting to
_____________________________, at the time of signing this Contract of Lease.
Said deposit shall be used to answer in case there are unpaid bills for water, gas, electricity, telephone and
damages to the LEASED PREMISES other than ordinary wear and tear, upon expiration of this Contract of
Lease. The balance if any shall be refunded to the LESSEE within sixty (60) days upon termination of this
Contract of Lease, the settlement of accounts mentioned hereinabove, and the return of the LEASED
PREMISES to the LESSOR. The said security deposit shall likewise be subject to forfeiture in case of pre-
termination of this lease before the end of the term by the LESSEE.
4. WATER, ELECTRICITY, TELEPHONE, ETC. – All expenses such as water, electricity, telephone and
other utility charges in the LEASED PREMISES shall be shouldered by the LESSEE during the term of
this lease.
5. IMPROVEMENTS/ALTERATION - The LESSEE shall not make any structural changes, alterations or
improvements in the LEASED PREMISES without the written consent of the LESSOR. Any alterations or
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Contract No.: RU-053112-004
improvements made or introduced by the LESSEE upon prior approval from the LESSOR shall
automatically inure to the benefit of the LEASED PREMISES and become the property of the LESSOR
without any obligation on the latter’s part to refund its value or cost to the LESSEE. The LESSOR have the
option to demand the restoration of the LEASED PREMISES in its original condition at the expense of the
LESSEE.
6. SANITATION AND REPAIRS - The LESSEE shall keep the LEASED PREMISES in good, clean and
sanitary condition. The LESSEE hereby acknowledges that it has inspected the LEASED PREMISES and
found the same to be in good habitable and tenantable condition.
The LESSEE shall be responsible for repairs or damages (such as but not limited to leaky faucets, lost keys,
clog bathroom or sink, drain defective light bulbs, fuses, broken window, screen or hinges, breakage or loss
of drawer or cabinet pulls and catches) as follows:
a) Minor repairs, including repairs due to the ordinary wear and tear up to the limit hereunder stated,
and those due to the fault and/or negligent use of the LEASED PREMISES by the LESSEE,
members of his/her household, guests or visitors. For purposes of this paragraph, any repair
amounting to Three thousand five hundred Pesos (Php 3,500) or less shall be deemed a minor
repair.
b) Major repairs caused by the fault and/or negligent use of the LEASED PREMISES by the
LESSEE, members of his/her household, guests or visitors. For purposes of this paragraph, any
repair amounting to Three thousand five hundred one Pesos (Php 3,501) or more shall be
deemed a major repair.
The LESSOR shall be responsible for the repair of structural defects, plumbing, electrical and sewerage
systems.
7. RESIDENTIAL PURPOSE – The LEASED PREMISES subject of this Contract, shall be used
exclusively for residential purpose only and for no other purpose except upon the written consent of the
LESSOR. Violation of this provision shall automatically terminate this Contract of Lease and shall subject
the LESSEE to any penalty which might be imposed by the LESSOR.
8. SUB-LEASE – The LESSEE shall not directly or indirectly sublet, allow or permit the LEASED
PREMISES to be occupied in whole or in part by any person, form or corporation, neither shall the
LESSEE assign its rights hereunder to any other person or entity and no right of interest thereto or therein
shall be conferred on or vested in anyone by the LESSEE without the written approval of the LESSOR.
9. RULES AND REGULATIONS – The LESSEE agrees to abide by the existing rules and regulations
promulgated by the LESSOR, or any other laws, ordinances, rules and regulations promulgated by
competent authorities affecting the occupancy of the LEASED PREMISES.
10. INSPECTION OF THE LEASED PREMISES – The LESSEE shall maintain the LEASED PREMISES
in good and tenantable condition and for such purpose, the LESSOR reserves the right to enter and inspect
the said premises at reasonable hours and after prior notice to the LESSEE. The LESSEE agrees to
cooperate with the LESSOR in keeping the LEASED PREMISES in good and tenantable condition.
11. SALE, TRANSFER AND MORTGAGE OF THE PROPERTY – In the event of the sale, transfer,
mortgage or any other encumbrance of the LEASED PREMISES, the LESSOR warrants that the
purchaser, mortgagee or encumbrance holder shall respect all terms and conditions of this Contract of Lease.
The LESSEE agrees to allow the LESSOR or its representative to enter the premises together with the
prospective buyer at reasonable hours and after prior notice. Notwithstanding the foregoing, assuming there
is no breach of the agreement, the LESSEE shall be entitled to the quiet enjoyment of the use of the
property.
14. THIRD PARTY LIABILITY – The LESSEE during its occupancy of the LEASED PREMISES shall
hold the LESSOR free and harmless from any damage or liability or responsibility to any person or property
arising out of or as a consequence of the use of the LEASED PREMISES by the LESSEE, its agent,
employee, domestic helper, guest and visitor, where such damage or liability is caused by improper
maintenance or wrongful act of the LESSEE.
15. OTHERS – Holding of immoral activities such as orgies, pot session, or pornographic shows which may
disturb or influence the LESSEE’ immediate neighbors, shall not be tolerated by the LESSOR. Should
such things happen, the LESSOR or its security officer shall have the right to intervene and make measures
that may be taken against the guilty parties.
16. FORCE MAJEURE – If whole or any part of the leased premises shall be destroyed or damaged by fire,
flood, lightning, typhoon, earthquake, storm, riot or any other unforeseen disabling cause of ACTS OF
GOD, as to render the LEASED PREMISES during the term substantially unfit for use and occupation of
the LESSEE, then this lease contract may be terminated without compensation by the LESSOR or by the
LESSEE by notice in writing to the other.
17. BREACH - Any violation of the terms and conditions provided for in this Contract on the part of the
LESSOR or LESSEE shall be sufficient ground for the termination of this Contract of Lease by the
aggrieved party. Should there be default on the part of the LESSEE in the payment of the rentals herein
stipulated, the LESSOR shall have the right to collect and recover from the latter all accrued rentals,
including damages and interest thereon.
IN WITNESS WHEREOF, the parties hereto have signed these presents on the date and at the place
first above-written.
_________________________________________ ____________________________________
(LESSOR) (LESSEE)
ACKNOWLEDGEMENT
BEFORE ME, a Notary Public for and in __________ City, this _____ day of ________ 2023, personally
appeared the following:
known to me and known to be the same persons who executed the foregoing instrument and acknowledged to
me that the same is their free and voluntary act and deed and that of the corporations herein represented.
WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above-written.