Lease Contract: Know All Men by These Presents
Lease Contract: Know All Men by These Presents
Lease Contract: Know All Men by These Presents
This Lease Contract, made and executed this ____ day of February 2019 at
_____________________________________ by and between the following:
___________________________, is
WITNESSETH:
WHEREAS, the LESSOR is the owner of the real property together with
the building erected thereon with an area of approximately ______ square meters
more or less situated at ____________________________________.
1. TERM OF LEASE: This contract of lease shall commence from the date
of its execution and shall terminate at the end of the term of the
LESSEE as Barangay Chairman;
4. USE OF THE PREMISES: The leased area shall be used by the LESSEE
for office purposes, particularly as a TEMPORARY
____________________ and shall not be converted into another use
without prior authority from the LESSOR. The use of the premises
shall be subject to the uniformly applicable building rules and
regulations which the LESSOR may subsequently provide to all lessees
and for occupants with the objective of safeguarding their persons and
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personalities, the common safety and welfare and more important,
fostering a desirable relationship among and between the lessee’s
occupants and building administration;
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held responsible for claims from all damages and any action
against for ordinance violation;
F. The LESSOR shall see to it that the premises are rendered in a
tenable condition. In the event certain or destruction is caused by
the occurrence or natural events, immediate repair or restoration
shall be undertaken by the LESSOR granting moratorium or waiver
of rental payment for the period of time needed for such repair or
restoration;
G. The LESSEE shall undertake all ordinary repairs on the leased
premises at its own cost. Repair on the electric outlets, telephone,
switchboxes, air conditioning facilities, electrical wiring, and
plumbing fixtures shall likewise be for the account of the LESSEE.
H. The LESSEE also undertakes all major and extraordinary repairs on
the leased premises at his own expense provided that not major
and extraordinary repairs shall be made without the written
consent of the LESSOR.
9. LAWS AND ORDINANCES. The LESSEE shall comply and abide with
the ordinance of the city regarding the cause of the premises, comply
with health regulations and secure permits or license business
operations;
10. INJURY TO THIRD PERSON. The LESSEE shall be solely responsible
for any harm or injury as may be suffered by its employee or third
person while within the leased premises, when the acts complained of
were caused by its negligence.
11. INSPECTION OF PREMISES. The LESSOR or her representatives, with
the proper notice to the LESSEE and at a reasonable hour of any
working day, shall be allowed entry to the leased premises to conduct
inspection repairs or improvements. Subsequent access to the leased
premises shall be given to the authorized person/s who will undertake
the repair or improvement in order to lessen inconvenience to the
employee and clients, or avoid disruption of office work or activities;
12. SUBLEASE, TRANSFER OR RIGHTS. The transfer of rights of the
LESSEE under this contract and/or the sublease of any part or portion
of the leased premises shall STRICTLY require the approval of the
LESSOR after a formal written notice of the LESSEE indicating therein
his intention to sublease the property. Any violation of this condition
will be basis for the termination of the contract.
13. MORTGAGE AND ENCUMBRANCE. The LESSOR reserves her right
to mortgage the property including the leased premises or to sell the
property without need of a prior and conditions in this contract and
the right acquired there from by the LESSEE are protected in its
entirety.
14. VIOLATION. A violation by one of the parties of any of the terms and
conditions set forth herein shall result as a right or basis for the
termination of this contract. In such event, the aggrieved party will
make a formal notice to terminate the contract. The parties shall
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endeavor to amicably or extra judicially settle any issues and shall
resort to litigation only when amicable or extrajudicial settlement
cannot be arrived and the termination of the contract is the only
solution;
15. TERMINATION: The contract of lease shall end on the terminal date
agreed upon there being no renewal or agreed upon by the parties. It
shall be terminated due to the violation or breach by one of the parties
of any of the agreed terms and conditions and amicable settlement
cannot be reached by the parties. The same shall also be terminated
when as a result of the occurrence of natural calamities, the leased
premises is rendered in a condition unfit for occupancy. Any party
may terminate this CONTRACT OF LEASE for any cause at any time
before the expiration of the term agreed upon by giving the other party
thirty (30) days written notice of termination prior to the intended date
without incurring any liability as to the damages, subject to the terms
and conditions set forth in the proceeding sub-paragraphs.
16. DELAY IN VACATION OF THE PREMISES: Except as provided for in
the immediate paragraph, if the premises is not vacated within five (5)
days grace period allowed by the LESSOR, then the LESSOR, then the
LESSEE shall be charged with the corresponding daily rentals of the
premises to be effected from the terminal to the date when the
premises is totally vacated;
17. NON-WAIVER: The failure of the LESSOR to insist upon the strict
performances of any of the terms, conditions, and covenants hereof
shall not be deemed as relinquishment or waiver of any subsequent
breach or default of such terms and conditions and covenants;
18. LITIGATION AND VENUE: In the event judicial relief against the
guilty party if filed before the regular courts, for the enforcement of the
terms and conditions in the contract, the guilty party, in addition to
any other damages that may be awarded by the court, agrees to pay
ten percent (10%) of the amount claimed but in no case less than ten
thousand pesos (P10,000.00) as attorney’s fees, aside from the cost of
litigation and other expenses which the law entitles the aggrieved
party to recover. The parties agree the venue of court action is in the
proper courts of Marawi City.
19. SEPARABILITY CLAUSE: If any paragraph, sub-paragraph or part of
this contract is declared invalid, such shall not affect the other
paragraph, sub-paragraphs or parts of this contract;
20. SUPERSEDING CLAUSE: This contract of lease supersedes and
renders void any and all agreements and undertakings, oral or written,
which may have been entered into by and between the parties, the
same being considered as having been merged herein. Any changes or
alterations in this contract shall be valid if made in writing and duly
signed by the parties.
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IN WITNESS WHEREOF, the parties hereto have signed this contract this
_____ day of _________________ 2019 at Marawi City, Philippines.
LESSEE LESSOR
________________________ ________________________
ACKNOWLEDGEMENT
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