CONTRACT OF LEASE

This CONTRACT OF LEASE is made and entered into by and between:

The _________________________________ duly represented by the CITY MAYOR

herein referred to as the LESSOR;

-and-

______________________________, of legal age, Filipino, single/married/widow and a

resident of __________________________, Philippines hereinafter referred to as the LESSEE;

WITNESSETH

That the City Government of is the owner of the public markets situated at the

That for and in consideration of the agreement hereinafter stipulated the herein named
LESSOR do hereby LEASE unto the qualified LESSEE, who has/have been awarded a
space/stall/block of the Public Market of ___ by the Market Committee through raffle/bidding
conducted for the purpose and has/have secured first its business permit as required by the City
prior its operation and is subject to the following terms and conditions, to wit:

1. DURATION OF THE LEASE. –

The term of this Contract of Lease shall be one (1) year or less which shall commence
from the date of the execution of this Contract until December 31 st of the current year
which shall be renewable upon the execution of another contract;

2. USE OF THE LEASED PREMISES. –

That the LESSEE shall use the leased premises exclusively for business and shall have
no right to use the same for dwelling purposes, cooking, sleeping quarter, bodega, or
storage and the like;

That the LESSEE shall not be allowed to occupy space/stall/block other than those
leased to them;

That the LESSEE shall keep the premises at all times in good sanitary condition and
comply with all sanitary market rules and regulations now existing or which hereinafter
be promulgated including the provision of garbage cans in the lease premises and the
observance of proper waste segregation;

That the LESSEE shall at all times have his/her picture, including his/her helpers
conveniently framed and displayed conspicuously in the leased premises;

3. REPAIRS. –

That all ordinary repairs within the leased premises that may arise through ordinary use
of the facilities herein, shall be for the sole account and expense of the LESSEE without
right to reimbursement from the LESSOR. No repairs shall be made without the consent
of the City Mayor or through his/her authorized representative;

4. IMPROVEMENTS/EMBELLISHMENT. –

In case of lease of a block, the LESSEE may be allowed to put up improvements

including alteration of the interior. All improvements in and to the premises, including
alterations shall remain without reimbursement from the LESSOR. The LESSEE shall
have the right to remove the improvement/s only in case he/she can do so without injury
or damage to the leased premises.

5. SELL, SUBLEASE, OR TRANSFER THE RIGHT OR PRIVILEGE GRANTED NOT

ALLOWED.-
 That the LESSEE shall NOT in any way sell, sublease or transfer his/her right or
privilege to occupy the leased premises or permit another person to conduct business
therein. Any person other than the lessee or his/her helpers found selling or conducting
business in the latter’s space/stall/block shall be considered as prima facie evidence of
subleasing and shall subject the lessee to outright revocation of his/her lease contract;

6. REVOCATION OF THE LEASE. –

In the event that the LESSEE fails to pay his/her rentals for three (3) consecutive
months, the LESSEE’s business license shall be revoked/cancelled and shall cause the
closure if the leased premises within (10) days from receipt of the last and final demand
of payment and closure;

That the violation of any of the above terms and conditions will automatically or ipso
facto cause the revocation/cancellation of the license and/or permit to operate business
in the market without prejudice to the collection of any unpaid rentals and charges
through legal processes.

7. IN CASE OF DELINQUENCY OF THE LESSEE. –

That the LESSEE shall allow the LESSOR to take possession of his/her chattels in case
of delinquency of rentals, the value of which is sufficient to satisfy the whole unpaid rent;

8. VACANCY OF THE LEASE PREMISES. –

That the LESSEE shall notify the LESSOR atleast thirty (30) days in advance, should the
former decides to abandon and/or vacate the leased premises and to surrender his/her
business at the Office of the City Mayor;

9. EFFECT OF DEATH OF LESSEE. –

Upon the death of the LESSEE of the space/stall/block the contract of lease covering
said premises shall be deemed terminated. However, if the deceased is survived by
his/her spouse or legal heirs and desires to continue the business of the deceased, the
lease may be transferred to the deceased’s spouse or legal heirs and shall be only up to
the unexpired portion of the lease contract. Should the spouse and legal heirs wanted to
continue after the expiry of the lease contract, they may do so through filing a new
application thereof;

Provided, that the local market authorities shall be notified within thirty (30) days after
the death of the original lessee of the desire of the spouse and legal heirs to succeed;

10. FINAL CLAUSE. -

That the LESSOR and LESSEE hereby agree and covenant to fully abide and comply
with the provisions of ordinances, laws, decrees, rules and regulations, including this
contract of lease affecting the operation of the lessee’s business and/or occupancy in
the market;

IN WITNESS WHEREOF, the parties have hereunto signed this CONTRACT OF LEASE
this ____________________ in the, Philippines.

FOR:
CITY GOVERNMENT OF
LESSOR

______________________
City Mayor LESSEE

Signed in the presence of:

 ___________________________ _______________________

REPUBLIC OF THE PHILIPPINES)

CITY OF ) SS.

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in the City of, Philippines, personally appeared the
following persons:

___________________________
___________________________ ___________________________

who are both known to me and to me known to be the same persons who executed the
foregoing instrument which they acknowledged to me to be their free and voluntary act and
deed, consisting of only ______ (____) page/s, including this page in which
this Acknowledgement is written, duly signed by them and their instrumental witnesses on each
and every page hereof.

WITNESS MY HAND AND SEAL this _____________ at _____________, Philippines.

Doc. No. ______;

Page No. ______;
Book No. ______;
Series of ______;