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Lease Contract Old Lot

This lease agreement is between landlord Ms. Edith Rebeca Arenas Vargas and tenant Don Rene Prado Catacora for a property located at Av. Miguel Grau No. 658, with a lease duration from July 1, 2019, to December 31, 2024. The monthly rent starts at S/. 600.00, with annual increases outlined for each subsequent year. The tenant is responsible for utility payments, while the landlord handles property taxes, and both parties agree to resolve disputes through legal jurisdiction.

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7 views4 pages

Lease Contract Old Lot

This lease agreement is between landlord Ms. Edith Rebeca Arenas Vargas and tenant Don Rene Prado Catacora for a property located at Av. Miguel Grau No. 658, with a lease duration from July 1, 2019, to December 31, 2024. The monthly rent starts at S/. 600.00, with annual increases outlined for each subsequent year. The tenant is responsible for utility payments, while the landlord handles property taxes, and both parties agree to resolve disputes through legal jurisdiction.

Uploaded by

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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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LEASE AGREEMENT

THE LANDLORD - OWNER:


Ms. Edith Rebeca Arenas Vargas with ID 29325010 residing on Street
Los Laureles 207 Acequia-Alta Cayma
THE TENANT - INHABITANT:
DonRene Prado Catacora with DNI 29343479 residing on Street
Ramon Castilla 309 Cayma
in the terms and conditions stated in the following clauses:

Object of the Contract:


FIRST CLAUSE: THE LANDLORD rents to THE
TENANT the property owned by you, located at Av. Miguel Grau
No. 658 Acequia-Alta Cayma.

Duration of the Contract:


SECOND CLAUSE: The duration of the lease
It will start on July 1, 2019, and will end on December 31.
from 2024 without prior notice.
The Contract may be renewed upon its expiration, if both parties agree.
agreement, for which THE TENANT must inform THE
LANDLORD of their desire to renew the contract, in writing with a
no less than thirty (30) calendar days prior to the scheduled date
for the renewal, this must be in writing.
Subleasing, assignment, or transfer of the property is prohibited.

The Monthly Rent:


THIRD CLAUSE: The monthly rent is set at the sum of S/. 600.00
(six hundred soles) that will be paid by THE TENANT in the form
in advance, without the need for prior request or collection.

Annual Increase:
CLAUSE FOUR: For the first update, the month is taken as
reference the amount of the last payment for the month of December each year of
validity of the contract plus 20% of the last payment of the month of
December of each year. The successive updates from the first
will be carried out on the previously updated income.

First Update: validity 01/01/2020–31/12/2020


S/. 720.00 (seven hundred twenty soles)

Second Update: validity 01/01/2021–31/12/2021


Monthly Payment Amount: S/. 864.00 (eight hundred sixty-four)
soles)

Third Update: validity 01/01/2022–31/12/2022


Monthly Amount to Pay: S/. 1,036.80 (one thousand thirty-six with 80/100)
soles)

Fourth Update: validity 01/01/2023–31/12/2023


Monthly Payment Amount: S/. 1,244.16 (one thousand two hundred forty and
four with 16/100 soles

Fifth Update: validity 01/01/2024–31/12/2024


Monthly payment amount: S/. 1,492.99 (one thousand four hundred ninety-two and ninety-nine)
two with 99/100 soles

On the Payment of Taxes and Services:


CLAUSE Fifth: It will be of account mandatory deEL
TENANT must promptly pay the bills and expenses that are
generate from the date of the start of the lease of the property
subject of this contract, as well as the consumption of electricity,
water, drainage.
The payment of any other tax shall be the responsibility of the LANDLORD.
tax created or to be created, that directly burdens property
property.
Of the Modifications to the Property:
SIXTH CLAUSE:
THE LANDLORD delivers the property:
Level piece of land consisting of 320 m2 without doors with a wall.
partial existing in the front and a complete wall at the back.
THE TENANT owns all the metal infrastructure
(gate, metal cover) that he deems appropriate to adapt to
said land, as well as all the floor arrangements.

From the Future Waiver Clause


SEVENTH CLAUSE: In accordance with article 5 of Law No. 30201 that
modify he art. 594th del Code Procedural Civil,LOS
TENANTS hereby submit to the legal action for
vacate the property due to expiration of the contract
lease or for failure to pay rent for 2 months and
fifteen days. According to what is established in article 330 and following of the
Civil Procedural Code.

Of the Divergences and Controversies:

EIGHTH CLAUSE: Both parties agree that any aspect


Controversial or divergent matters will be the jurisdiction of the Judges and Courts.

In sign of conformity with all the clauses of this document


contract, both parties sign this document in duplicate, each one
of which is considered as original, in the city of Arequipa, to the
1st day of July 2019.

LEGALLY NOTARIZED SIGNATURES OR BY PEACE JUDGE IN PLACES


WHERE THERE IS NO NOTARY.
---------------------------------------------- ------
----------------------
THE
LANDLORD THE TENANT
Edith Rebeca Arenas Vargas Rene Prado
Catacora
ID 29325010 DNI29343479

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