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**LEASE AGREEMENT**

This Lease Agreement ("Agreement") is made and entered into on


[Date], by and between [Lessor] ("Lessor") and [Lessee] ("Lessee").

**1. Premises:** Lessor hereby leases to Lessee and Lessee hereby


leases from Lessor the following premises:

- Unit No./Stall No.: [Insert specific description of the premises being


leased]
- Building Name or Street, Barangay, and Municipality/City: [Insert
specific location of the premises]

**2. Use of the Premises:** Lessee agrees to use the premises for
[Insert purpose, such as sales office or restaurant].

**3. Parking Slot & Monthly Fee:** If applicable, Lessee agrees to pay a
monthly fee of [Insert specific monthly fee for parking slot, if any] for
the use of a specific parking slot [Insert specific slot number].

**4. Condition of the Premises:** Lessee acknowledges that the


premises, fixtures, and furniture are in a clean, safe, and good working
condition.

**5. Security Deposit:** Lessee shall pay a security deposit of [Insert


amount] to Lessor upon signing this Agreement.

**6. Rent:** Lessee shall pay rent of [Insert amount] per month, due
on the [Insert due date, such as the 1st of each month].

**7. Term:** This Agreement shall commence on [Start Date] and shall
continue until [End Date].
**8. Termination:** Upon the expiration of the Lease Period, or upon
the termination of this contract, Lessee shall immediately and
peacefully return the possession of the Unit in as clean, sanitary, and
tenantable condition as when the Lessee received it from the Lessor,
reasonable and ordinary wear and tear excepted, devoid of all
occupants, furniture, and personal articles, and effects of any kind.

**9. Governing Law:** This Agreement shall be governed by and


construed in accordance with the laws of the Republic of the
Philippines.

**10. Entire Agreement:** This Agreement constitutes the entire


agreement between the parties and supersedes all prior negotiations,
understandings, and agreements between them.

**11. Amendments:** This Agreement may be amended only by a


further writing that is duly executed by both parties.

**12. Signatures:**

Lessor: [Lessor's Name]


Lessee: [Lessee's Name]

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