Commercial Lease Contract Sample Philippines

10 Jul, 2021

SAMPLE LEASE CONTRACT FOR COM MERCIAL UNIT 1. Philippine Legal Forms.

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WHEREAS the LESSOR is the owner of a certain parcel of land situated at _____ Philippines more particularly described as follows.

Commercial lease contract sample philippines. CONTRACT OF LEASE KNOW ALL MEN BY THESE PRESENTS. The tenant pays a monthly amount usually calculates as a cost per square foot SF to the landlord in return for being allowed the right to use the premises for their business purpose. And option to thereupon terminate this Lease Agreement without waiving any rights to damages or other relief as permitted under law in which event the Tenant agrees to Keith A.

_____ a corporation duly organized and existing under the laws of the Republic of the Philippines with office address at_____ represented in this act by its. KNOW ALL MEN BY THESE PRESENTS. A Commercial Lease Agreement is a document that can be used when a property that will be used for commercial activity will be rentedIt outlines the obligations of the lessor the owner of the property and the lessee the personorganization renting the propertyIt should also contain other important information such as information about the property that will be rented the period of the.

Technical Description of Property WHEREAS the Lessor desires to lease the afore-described property in favor of the LESSEE and the LESSEE accepts the lease subject to the terms and conditions herein set forth. The PHILIPPINE NUCLEAR RESEARCH INSTITUTE DOST a Government agency under Republic Act 2067 as amended and organized under EQ 128 dated January 30 1987 represented by its Director and referred to as the LESSOR. AMOUNT IN WORDS P 0000000 Philippine Currency.

_____ of legal age Filipino single married widow and a resident of _____ Philippines hereinafter referred to as the LESSOR and _____ a domestic corporation duly organized and existing under and by virtue of the laws of the Republic of the Philippines. While reviewing the contents of this book it is important to remember that different regions in different countries have their own culture real estate. This CONTRACT OF LEASE made and entered into by and between.

A commercial lease agreement sets forth the expectations and obligations for both the landlord and the tenant of the commercial space. In real estate lease contract is considered as the most important legal form because it legally binds two or more parties often referred to as the landlord and tenant. Wherein the two 2 months deposit shall be applied as rent for the 11th and 12th months and the remaining one 1.

That the LESSEE shall deposit to the LESSOR upon signing of this contract and prior to move-in an amount equivalent to the rent for THREE 3 MONTHS or the sum of PESOS. Perpetual lease is a lease contract providing that the lessee can stay in the premises for as long as he wants and for as long as he can pay the rentals and its increases. The lease contract contains rental agreement which specifies the tenants right to live and the landlords right to retain ownership.

LESSEE agrees to rent the Unit for use as. This AGREEMENT made and entered on this _____ day of _____ 200_ in Quezon City Metro Manila by and between. SAMPLE CONTRACT OF LEASE.

PERIOD OF LEASE -The term of this lease shall be for a period of twelve moths commencing on April 8 2017 to April 8 2018. This Lease Contract may not be terminated during the lease period. The LESSEE reserves the option to renew the lease for the succeeding years upon expiration of this original lease term and under the same terms and condition set forth herein provided the LESSEE gives the LESSOR written.

This Contract is between Name of Lessor LESSOR and Name of Lessee of legal age Filipino singlemarried with postal address at State the complete address of Lessee LESSEE. It is a fundamental document that plays a key role in ensuring that the concerned parties are satisfied with the way the property is rented and maintained. 2 To make on the same during the lease all the necessary repairs in order to keep it suitable for the use to which it has been devoted unless there is a stipulation to the contrary.

3 To maintain the lessee in the peaceful and adequate enjoyment of the lease for the entire duration of the contract. This Contract of Lease made and entered into by and between. COMMERCIAL LEASE AGREEMENT Triple Net THIS COMMERCIAL LEASE AGREEMENT entered into on this _____ day of _____ 20____ by and between.

If the dates set forth at the signatures of this document are different the Contract shall be considered effective as of the date that both LESSOR and LESSEE signed the Contract. This SUB-LEASE CONTRACT is an agreement made and entered into by and between two parties a corporation duly organized and existing under the laws of the Philippines with office address at represented in this act by its President hereinafter referred to as SUB-LESSOR -And- SUB-LESSEE whereas SUB-LESSOR is authorized by its LESSOR to sub-lease its leased premises. A commercial lease agreement is a contract that allows a landlord to rent property used for retail office or industrial space to a tenant.

SECURITY DEPOSIT and ADVANCE - upon signing of the Contract of Lease the LESSEE shall make a Three 3 months deposit and Three 3 month advance rental in the total amount of _____ Php _____00 Philippine Currency for the full and faithful performance of each and every term provision covenant and condition of this lease except that said. Page 1 of 6 January 2010 Introduction. This Contract may be executed in counterparts all of which constitute a single agreement.

Cushman Wakefield and our partners have prepared this leasing guideline to assist and help educate our Corporate Clients with their real estate decision-making process. However this is not permissible it is a purely potestative condition because it leaves the effectivity and enjoyment of leasehold rights to the sole and exclusive will of. In the event the LESSEE terminates the Contract after 6 months and decides to move out of the unit with 30 days notice the 1-month deposit shall be forfeited in favor of the LESSOR and 1-month deposit shall be refunded to the LESSEE.

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