LEASE CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT OF LEASE is made and executed at the City of Manila, this day of February 9,
2015, by and between:
Juan Dela Cruz, of legal age, single, Filipino, and with residence and postal address at
1319 Francisco Moriones Street Tondo, Manila, hereinafter referred to as the LESSOR.
-ANDJohn Doe, Filipino and with residence and postal address at 1318 Franco Corner
Moriones Street Tondo, Manila, hereinafter referred to as the LESSEE.
WITNESSETH; That
WHEREAS, the LESSOR is the owner of THE LEASED PREMISES, a residential property
situated at 123 Dasmarias Street Forbes Park, Makati City;
WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE and the LESSEE is
willing to lease the same;
NOW THEREFORE, for and in consideration of the foregoing premises, the LESSOR leases
unto the LESSEE and the LESSEE hereby accepts from the LESSOR the LEASED premises,
subject to the following:
TERMS AND CONDITIONS1
1. PURPOSES2: That premises hereby leased shall be used exclusively by the LESSEE for
residential 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 this contract without prejudice to its other rights under the law.
2. TERM: This term of lease is for ONE (1) YEAR, from February 9, 2015 to February 9, 2016
inclusive. Upon its expiration, this lease may be renewed under such terms and conditions as
my be mutually agreed upon by both parties, written notice of intention to renew the lease
shall be served to the LESSOR not later than seven (7) days prior to the expiry date of the
period herein agreed upon.

3. RENTAL RATE3: The monthly rental rate for the leased premises shall be in PESOS: Fifty
Thousand Pesos (P50, 000.00), Philippine Currency. All rental payments shall be payable to the
LESSOR.
4. ADDITIONAL EXPENSES4: The LESSEE shall pay the necessary expenses for the execution
of the deed of lease.
5. SUSPENSION OF PAYMENT5: The LESSEE has the right of suspension of payment if the
LESSOR fails to make the necessary repairs or to maintain the LESSEE in the peaceful and
adequate enjoyment of the property leased.
5. DEPOSIT: 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: One Hundred Fifty Thousand Pesos (P 150,000.00), Philippine Currency. wherein the
two (2) months deposit shall be applied as rent for the 11th and 12th months and the
remaining one (1) month deposit shall answer partially for damages and any other obligations,
for utilities such as Water, Electricity, CATV, Telephone, Association Dues or resulting from
violation(s) of any of the provision of this contract.
6. Judicial Ejectment6: In case of default by the LESSEE in the payment of the rent, such as
when the checks are dishonored, the LESSOR at its option may judicially eject the LESSEE.
7. SUB-LEASE7: The LESSEE shall not directly or indirectly sublet, allow or permit the leased
premises to be occupied in whole or in part by any person, form or corporation, neither shall
the LESSEE 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 written approval.
8. PUBLIC UTILITIES: The LESSEE shall pay for its telephone, electric, cable TV, water,
Internet, association dues and other public services and utilities during the duration of the
lease.
9. MAINTENANCE8:
A. Tenant's Obligations to Maintain. Tenant, at Tenant's expense, shall perform all repairs
and replacements and all routine maintenance necessary to maintain the interior, nonstructural components of the Premises and all major building systems in good repair and
proper working condition, normal wear and tear excepted.
B. Tenant's Obligations to Repair Damage. Tenant shall reimburse Landlord upon demand
for all costs and expenses incurred by Landlord for the repair of any damage to the Premises
caused by the negligence or willful misconduct of Tenant or any Tenant Party.
C. Tenant's Obligations to Notify. Tenant shall promptly report in writing to Landlord any
defective condition known to Tenant that Landlord is required to repair
10. FORCE MAJEURE9: If whole part of the leased premises shall be destroyed or damaged
by fire, flood, lightning, typhoon, earthquake, storm, riot or any other unforeseen disabling
cause of acts of God, as to render the leased premises during the term substantially unfit for
use and occupation of the LESSEE, then this lease contract may be terminated without

compensation by the LESSOR or by the LESSEE by notice in writing to the other. If partial, the
LESSEE may choose between proportional reduction of the rent and a rescission of the lease.
11. LESSOR'S RIGHT OF ENTRY: The LESSOR or its authorized agent shall after giving due
notice to the LESSEE shall have the right to enter the premises in the presence of the LESSEE
or its representative at any reasonable hour to examine the same or make repairs therein or for
the operation and maintenance of the building or to exhibit the leased premises to prospective
LESSEE, or for any other lawful purposes which it may deem necessary.
12. EXPIRATION OF LEASE: At the expiration of the term of this lease or cancellation
thereof, as herein provided, the LESSEE will promptly deliver to the LESSOR the leased
premises with all corresponding keys and in as good and tenable condition as the same is now,
ordinary wear and tear expected devoid of all occupants, movable furniture, articles and effects
of any kind. Non-compliance with the terms of this clause by the LESSEE will give the LESSOR
the right, at the latter's option, to refuse to accept the delivery of the premises and compel the
LESSEE to pay rent therefrom at the same rate plus Twenty Five (25) % thereof as penalty until
the LESSEE shall have complied with the terms hereof. The same penalty shall be imposed in
case the LESSEE fails to leave the premises after the expiration of this Contract of Lease or
termination for any reason whatsoever.
13. VENUE10: Any suit arising from this contract shall be filed only in Davao.
14. RETURN OF PREMISES11: Upon termination of this contract for any reason whatsoever,
the LESSEE shall immediately vacate the premises and return possession thereof to the
LESSOR upon the latters request.
On the termination of this Tenancy and to the satisfaction of the Landlord, the Tenant shall:
A. Have any item listed on the Inventory which has been damaged,
repaired to the satisfactory repair or replaced if required.
B. Repair or replace any walls, windows and/or woodwork, which might have been damaged
due to installation of items by the Tenant other than in a space provided for this on the
Premises.
15. PREFERENCE TO BUY LEASED PREMISES: In case the LESSOR decide to sell the Leased
Premises, the LESSEE has the first option to buy it and decide within fifteen (15) days, and
upon failure to do so, the LESSOR is free to negotiate for the sale of the Leased Premises with
other parties.
16. This CONTRACT OF LEASE shall be valid and binding between the parties, their
successors-in-interest and assigns.
IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place above
written.

Juan Dela Cruz

LESSOR

John Doe
LESSEE

Signed in the presence of:

_____________________________

______________________________

ACKNOWLEDGEMENT
Republic of the Philippines)
_________________________) S.S
BEFORE ME, personally appeared:
Name
(Name of Lessor)
(Name of Lessee)

CTC Number
10000000
10000000

Date/Place Issued
February 24, 20__ / Cavite City
January 07, 20__ / Makati

Known to me and to me known to be the same persons who executed the foregoing instrument
and acknowledged to me that the same is their free and voluntary act and deed.
This instrument consisting of ____ page/s, including the page on which this acknowledgement
is written, has been signed on each and every page thereof by the concerned parties and their
witnesses, and sealed with my notarial seal.
WITNESS MY HAND AND SEAL, on the date and place first above written.

Notary Public
Doc. No.______;
Page No. ______;
Book No.______;
Series of 20___.

Footnotes:
1

Article 1306. The contracting parties may establish such stipulations, clauses, terms and
conditions as they may deem convenient, provided they are not contrary to law, morals, good
customs, public order, or public policy.
2

Article 1661. The lessor cannot alter the form of the thing leased in such a way as to impair
the use to which the thing is devoted under the terms of the lease.
3

Article 1657. The lessee is obliged:

(1) To pay the price of the lease according to the terms stipulated;
4

Article 1657. The lessee is obliged:

XXXXX
(3) To pay expenses for the deed of lease.
5

Article 1658. The lessee may suspend the payment of the rent in case the lessor fails to
make the necessary repairs or to maintain the lessee in peaceful and adequate enjoyment of
the property leased.
6

Article 1673. The lessor may judicially eject the lessee for any of the following causes:
XXXXX
(2) Lack of payment of the price stipulated;
7

Article 1649. The lessee cannot assign the lease without the consent of the lessor, unless
there is a stipulation to the contrary.

RA 9161 Section 6. Assignment of Lease of Subleasing. Assignment of lease of subleasing

of the whole or any portion of the residential unit, including the acceptance of boarders or bed
spacers, without the written consent of the owner/lessor is prohibited.
8

Article 1654. The lessor is obliged:

XXXX
(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;
9

Article 1655. If the thing leased is totally destroyed by a fortuitous event, the lease is
extinguished. If the destruction is partial, the lessee may choose between a proportional
reduction of the rent and a rescission of the lease.
10

Rule 4 Section 4. When Rule not applicable. This Rule shall not apply.
XXXX
(b) Where the parties have validly agreed in writing before the filing of the action on the
exclusive venue thereof.
11

Article 1665. The lessee shall return the thing leased, upon the termination of the lease, as
he received it, save what has been lost or impaired by the lapse of time, or by ordinary wear
and tear, or from an inevitable cause.