Contract of Lease (Rental Agreement)

Kasunduan ng Pag-upa · Residential or commercial rental between a lessor (owner) and a lessee (tenant).

This is a general template, NOT legal advice. Have a lawyer review it and notarize it before use.

Fill in the details

Lessor (owner) full name

Lessor address

Lessee (tenant) full name

Lessee address

Property address (the unit leased)

Property description (e.g. 2BR condo unit, 45 sqm)

Use

Monthly rent (PHP)

Advance (months)

Security deposit (months)

Term (months)

Start date

Rent due on day (of month)

City/Municipality (for signing)

CONTRACT OF LEASE

This Contract of Lease is made by and between ______________, of ______________ (the "LESSOR"), and ______________, of ______________ (the "LESSEE").

1. PREMISES. The LESSOR leases to the LESSEE the property at ______________ (______________), to be used for residential purposes only.

2. TERM. ____ months commencing ____________, renewable upon mutual written agreement of the parties.

3. RENT & DEPOSIT. ₱__________ per month, payable on or before the __ day of each month. The LESSEE shall pay __ month(s) advance and __ month(s) security deposit. The deposit is refundable upon termination, less any unpaid bills or damage beyond ordinary wear and tear.

4. USE. The premises shall not be used for any unlawful purpose. The LESSEE shall not sublease or assign without the LESSOR's prior written consent.

5. UTILITIES & DUES. The LESSEE shall pay electricity, water, internet and association dues, unless otherwise agreed in writing.

6. REPAIRS. The LESSEE shall keep the premises clean and undertake minor repairs. Major structural repairs are for the account of the LESSOR.

7. DEFAULT. Upon non-payment of rent or breach of any term, the LESSOR may terminate this lease after due notice as required by law.

8. RETURN OF PREMISES. Upon termination, the LESSEE shall return the premises in good condition, ordinary wear and tear excepted.

9. GOVERNING LAW. This contract is governed by the laws of the Republic of the Philippines.

IN WITNESS WHEREOF, the parties have signed this Contract at ______________, Philippines on ____________.

______________

LESSOR

______________

LESSEE

SIGNED IN THE PRESENCE OF:

ACKNOWLEDGMENT — Before me, a Notary Public, personally appeared the parties with competent proof of identity, who acknowledged that this instrument is their free and voluntary act and deed.

Doc. No. ______;

Page No. ______;

Book No. ______;

Series of 20____.

Template by BalayHub — general guidance only, not legal advice. Have a lawyer review and a notary public notarize before use.

Other templates: all contracts