LEASE CONTRACT
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT OF LEASE is made and executed at the City of Manila, this
day of ________________________________, by and between:
CHARITO S. OMILA and CHALSIA LOUISE O. ENGUANCHO of legal age,
Filipino and with residence and postal address at A. OMILA ST.,
POBLACION WEST, CATIGBIAN, BOHOL, hereinafter referred to as
the LESSOR.
___CHRISTY XENIA PACE PUA __, Of legal age, married to MIGUEL PAULO
GONZALVO PUA_, Filipino and with residence and postal address at
___#2448-G, DECENA ST., PASAY CITY 1304__hereinafter referred to as
the LESSEES.
WITNESSETH; That
WHEREAS,
the LESSOR is the owner and co-owner of the 2nd floor unit 09, a
residential property situated at Tower 2, Avida Towers Prime Taft,
Barangay 36, Zone 03, Donada St., Pasay City Manila
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
LEASEE premises, subject to the following:
TERMS AND CONDITIONS
1. PURPOSES: 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 Eight (8) months. From Oct 25,2019 to
June 24,2020 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 (1 month) days prior to the expiry date of the
period herein agreed upon.
3. RENTAL RATE: The monthly rental rate for the leased premises shall be
in PESOS: 30,000 – Thirty Thousand pesos only (Inclusive Association
Dues, & Excluded Internet bill _1,898.99__pesos,) Philippine Currency. All
rental payments shall be payable to the LESSOR. Two month's rentals in
advance to be applied on the first (1st), and last (8th), month on the term
of this Lease. The Lessee shall also issue SIX (6) postdated checks covering
rentals for the duration of this lease.
4. 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
FOUR (4) MONTHS or the sum of PESOS: One Hundred Twenty Thousand
Pesos. (P 120,000.00), Philippine Currency. wherein the two (2) months
deposit shall be applied as a security deposit during the lease to guarantee
the payment of any damage to the leased premises, unpaid utilities (such as
electric bill, water bill)and other obligations to third parties by the Lessee
during the term of agreement, which deposit shall bear no interest. Said
deposit shall be returned to the Lessee w/in (30) thirty days after the
termination of his agreement: provided, however, that the deposit cannot
be applied to unpaid back rentals owed by the Lessee prior to the
expiration of this agreement.
5. DEFAULT PAYMENT: 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 terminate this contract and eject the LESSEE. The LESSOR has the right
to padlock the 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 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.
7. PUBLIC UTILITIES: The LESSEE shall pay for it, electric, water, and other
public services and utilities during the duration of the lease.
8. FORCE MAJEURE: If whole or any 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.
9. 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.
10. 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.
11. JUDICIAL RELIEF: Should any one of the parties herein be compelled
to seek judicial relief against the other, the losing party shall pay an amount
of One Hundred (100) % of the amount clamed in the complaint as
attorney's fees which shall in no case be less than P50,000.00 pesos in
addition to other cost and damages which the said party may be entitled to
under the law.
12. 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.
CHALSIA LOUISE O. ENGUANCHO
LESSOR
_CHRISTY XENIA PACE PUA MIGUEL PAULO GONZALVO PUA
LESSEE LESSEE
Signed in the presence of:
CHALSIA LOUISE O. ENGUANCHO
SPA
ACKNOWLEDGEMENT
Republic of the Philippines)
_________________________) S.S
BEFORE ME, personally appeared:
Lessee name ID number Date Issued Place Issued
1. CHRISTY XENIA PACE
PUA
2.MIGUEL PAULO
GONZALVO PUA
Lessor name
1.CHARITO S. OMILA
2.CHALSIA LOUISE O.
ENGUANCHO
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___
ANNEX A
APPLIANCES –TOWER2 UNIT 09
APPLIANCES
TCL- Smart TV
2 Condura- Window Type Air-
conditioner
LG- soundbar
Samsung- two-door refrigerator
Elba- range
Elba- rangehood
Whirpool- Microwave
- Toaster
FURNITURES
L-shape sofa
Dining table and chair
Single bed with pullout
Desk
Cabinet with sliding door
KITCHENWARES
Plates drainer
Set of Plates
Glass and mug
Utensils
_______________________________ ____________________________
Lessee Lessor/SPA
