CONTRACT OF LEASE

____________________ (Lessor), of age, single/married, hereby leases unto

_____________________________________ (Lessee), of age, certain premises at
____________________________________________________ (Address of leased premises),
under the following terms and conditions:

1. That the term of this lease shall be One (1) Year, unless renewed;
2. That the monthly rental of the leased premises shall be PHP__________, payable every
_______ of the month;
3. That the premises leased have been received by the lessee in good, habitable condition;
4. That the lessee is expressly prohibited to sublet the leased premises to any one, without the
express consent of the lessor in writing;
5. That all charges for electricity and water used within the premises shall be at the sole
account of the lessee;
6. That all the ordinary repairs within the premises that arise in the daily use of the facilities
therein shall be for the sole account and expense of the lessee, without right to
reimbursement;
7. That the lessee shall not be allowed to conduct parties that involve alcoholic beverages that
may disrupt other tenants;
8. That the lessee shall respect the rights of other tenants to the peaceful enjoyment of the
premises;
9. That the lessee shall notify the lessor at least 30 days in advance should the lessee decide
to abandon the leased premises;
10. That violation of any of the above terms and conditions will produce ipso facto the
rescission of this contract of lease.

IN WITNESS WHEREOF, the parties hereto have set their hands this ____ day of _________,
2019, in Pasig City, Philippines.

WITNESSES

_______________________________ _______________________________

ACKNOWLEDGEMENT