ERMS AND CONDITIONS

1. PURPOSES: That the premise

s hereby leased
shall be used exclusively by the L
ESSEE for theresidential purposes
only and shall not be diverted to
other uses. It is hereby expressly
agreed that if at any time the
premises are used for other
purposes, the LESSOR shall have
the right to rescind thiscontract
without prejudice to its other rights
under the
law.2. TERM: This term of lease i
s for ONE (1) YEAR, from ______
________, 202___ to _________
__,202___ inclusive. Upon its
expiration, this lease may
be renewed under such terms
and conditions asmay be mutually
agreed upon by both parties,
written notice of intention to renew
the lease shall beserved to the
LESSOR not later than seven (7)
days prior to the expiry date of
the period hereinagreed
upon.3. RENTAL RATE:
The monthly rental rate for the
leased premises
shall be in PESOS: __________
_______________________ (Php
____________), Philippine Curren
cy. All rentalpayments shall be
payable to the
LESSSOR.4.DEPOSIT: That the
LESSEE shall deposit to the
LESSOR upon signing of this
contract and prior tomove-
in an amount equivalent to
the rent for TWO (2) MONTHS
or the sum of PESOS: ________
_______________________(Php_
______________), Philippine
Currency, wherein the (1)months
deposit shall be applied as rent for
the last month of stay in the
premises and the remainingone (1)
month deposit shall answer
partially for the damages and any
other obligations, for utilitiessuch
as Water, Electricity, CATV,
Telephone, resulting from
violation(s) of any of the provision
of thiscontract.5. DEFAULT PAYM
ENT: In case of default by the
LESSEE in the payment of
rent, the LESSOR atthis option
may terminate this Contract
and eject the LESSEE. The
LESSOR has the right
to padlockthe 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.6. SUB-LEASE:
The LESSEE shall not
directly or indirectly
sublet, allow or
permit the leasedpremises to be
occupied in whole or in part by
any person, form or corporation,
neither shall theLESSEE 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
LESSOR’s writtenapproval.
ADDownload to read ad-free.

ERMS AND CONDITIONS

1. PURPOSES: That the premise
s hereby leased
shall be used exclusively by the L
ESSEE for theresidential purposes
only and shall not be diverted to
other uses. It is hereby expressly
agreed that if at any time the
premises are used for other
purposes, the LESSOR shall have
the right to rescind thiscontract
without prejudice to its other rights
under the
law.2. TERM: This term of lease i
s for ONE (1) YEAR, from ______
________, 202___ to _________
__,202___ inclusive. Upon its
expiration, this lease may
be renewed under such terms
and conditions asmay be mutually
agreed upon by both parties,
written notice of intention to renew
the lease shall beserved to the
LESSOR not later than seven (7)
days prior to the expiry date of
the period hereinagreed
upon.3. RENTAL RATE:
The monthly rental rate for the
leased premises
shall be in PESOS: __________
_______________________ (Php
____________), Philippine Curren
cy. All rentalpayments shall be
payable to the
LESSSOR.4.DEPOSIT: That the
LESSEE shall deposit to the
LESSOR upon signing of this
contract and prior tomove-
in an amount equivalent to
the rent for TWO (2) MONTHS
or the sum of PESOS: ________
_______________________(Php_
______________), Philippine
Currency, wherein the (1)months
deposit shall be applied as rent for
the last month of stay in the
premises and the remainingone (1)
month deposit shall answer
partially for the damages and any
other obligations, for utilitiessuch
as Water, Electricity, CATV,
Telephone, resulting from
violation(s) of any of the provision
of thiscontract.5. DEFAULT PAYM
ENT: In case of default by the
LESSEE in the payment of
rent, the LESSOR atthis option
may terminate this Contract
and eject the LESSEE. The
LESSOR has the right
to padlockthe 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.6. SUB-LEASE:
The LESSEE shall not
directly or indirectly
sublet, allow or
permit the leasedpremises to be
occupied in whole or in part by
any person, form or corporation,
neither shall theLESSEE 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
LESSOR’s writtenapproval.
ADDownload to read ad-free.

ERMS AND CONDITIONS

1. PURPOSES: That the premise
s hereby leased
shall be used exclusively by the L
ESSEE for theresidential purposes
only and shall not be diverted to
other uses. It is hereby expressly
agreed that if at any time the
premises are used for other
purposes, the LESSOR shall have
the right to rescind thiscontract
without prejudice to its other rights
under the
law.2. TERM: This term of lease i
s for ONE (1) YEAR, from ______
________, 202___ to _________
__,202___ inclusive. Upon its
expiration, this lease may
be renewed under such terms
and conditions asmay be mutually
agreed upon by both parties,
written notice of intention to renew
the lease shall beserved to the
LESSOR not later than seven (7)
days prior to the expiry date of
the period hereinagreed
upon.3. RENTAL RATE:
The monthly rental rate for the
leased premises
shall be in PESOS: __________
_______________________ (Php
____________), Philippine Curren
cy. All rentalpayments shall be
payable to the
LESSSOR.4.DEPOSIT: That the
LESSEE shall deposit to the
LESSOR upon signing of this
contract and prior tomove-
in an amount equivalent to
the rent for TWO (2) MONTHS
or the sum of PESOS: ________
_______________________(Php_
______________), Philippine
Currency, wherein the (1)months
deposit shall be applied as rent for
the last month of stay in the
premises and the remainingone (1)
month deposit shall answer
partially for the damages and any
other obligations, for utilitiessuch
as Water, Electricity, CATV,
Telephone, resulting from
violation(s) of any of the provision
of thiscontract.5. DEFAULT PAYM
ENT: In case of default by the
LESSEE in the payment of
rent, the LESSOR atthis option
may terminate this Contract
and eject the LESSEE. The
LESSOR has the right
to padlockthe 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.6. SUB-LEASE:
The LESSEE shall not
directly or indirectly
sublet, allow or
permit the leasedpremises to be
occupied in whole or in part by
any person, form or corporation,
neither shall theLESSEE 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
LESSOR’s writtenapproval.
ADDownload to read ad-free.