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Renewal of Contract of Lease

This document is a renewal of a lease contract between a lessor and lessee. It summarizes the key terms of the original lease, including that it was for a property located at a specific address. The renewal extends the contract for an additional period of time, from date to date. It maintains the same rental rate and rental deposit amount as outlined in the original contract. The terms and conditions of the original contract will remain in effect except where inconsistent with this renewal agreement. The lessor and lessee sign to acknowledge their agreement to the renewal.

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201 views2 pages

Renewal of Contract of Lease

This document is a renewal of a lease contract between a lessor and lessee. It summarizes the key terms of the original lease, including that it was for a property located at a specific address. The renewal extends the contract for an additional period of time, from date to date. It maintains the same rental rate and rental deposit amount as outlined in the original contract. The terms and conditions of the original contract will remain in effect except where inconsistent with this renewal agreement. The lessor and lessee sign to acknowledge their agreement to the renewal.

Uploaded by

ric rele
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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RENEWAL OF CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This RENEWAL OF CONTRACT of Lease is made by and between:

___________________________, of legal age, single and resident of


___________________________ hereinafter referred to as the LESSOR;

-And-

___________________________, of legal age, single and resident of


___________________________ hereinafter referred to as the LESSEE;

RECITALS:

WHEREAS

1. The LESSOR and LESSEE entered into Contract of lease on _______________ for the period of
_______________ hereunto attached as Annex “A” and made integral part of this Renewal of
Contract of Lease over that property located at ___________________________;

2. The __________ offers to Renew the said Contract of Lease and the LESSOR accepts the offer
under the same terms and conditions of the Original contract of Lease.

NOW THEREFORE, for and inconsideration of the above premises, the parties hereby agree as
follows;

1. EFFECTIVITY:
This Renewal Contract of Lease shall be from ___________ to ___________.

2. RENTAL RATE:
The monthly Rental Rate shall be __________________________________
______________________;

3. TERMS AND CONDITIONS:


The amount of ________________________________________________ made by the LESSEE to
the LESSOR by way of rental deposit as per previous contract shall be applied to this contract as
rental deposit;
The LESSEE shall pay an additional amount of _______________________
__________________________ in addition to the rental deposit previous made;
The terms and condition stipulated in the original Contract of Lease dated __________________
which are not inconsistent with the provision of this Renewal of Contract of Lease shall remain in
full force and effort.

IN WITNESS WHEREOF, the parties hereto have set their hands this this ____ day of
_______________ at _________________, Philippines.

LESSOR LESSEE

SIGNED IN THE PRESENCE OF:


REPUBLIC OF THE PHILIPPINES )
) S.S.

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public for and in the place above mentioned personally appeared:

NAME VALID ID

Known to me and to me known to be the same person who executed the foregoing instrument
and acknowledged to me that the same is her voluntary act and deed.

WITNESS MY HAND AND SEAL this ____ day of _______________ at _________________,


Philippines.

Doc. No.
Page No.
Book No.
Series of 2019

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