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1 T1-811(空房)
1 T1-811(空房)
and
WITNESSETH
NOW THEREFORE, for and in consideration of the foregoing premises and the terms
and conditions hereinafter set forth, the LESSOR hereby leases unto the LESSEE, and
the LESSEE hereby accepts from the LESSOR, the above-mentioned premises under
the following terms and conditions:
2. TERM: The term of this Contract shall be for a period of 12 months year
commencing on _Mar 4, 2024__ until _Mar 3, 2025____.
3. RENEWAL OF LEASE: LESSEE shall inform the LESSOR at least three (3)
months before the expiration of the leased term of its intention to renew the lease.
Without the notice of intent to renew within the said period, LESSOR shall be at liberty
to offer the leased premises to other interested parties. Any renewal or extension of
the lease shall be upon agreement of the parties and upon terms and conditions as may
be agreed upon by the parties.
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RENT PERIOD PAYMENT TYPE AMOUNT DUE ON
6. ADVANCE RENT: LESSEE shall pay advance rent equivalent to three (3)
months of rent in the amount of _One Hundred Ninety Eight Thousand____Pesos
(P_198,000__). The advance rent shall be applied to the first three (3) months of the
rent.
Account Name :
Account Number :
Bank:
10. RULES & REGULATIONS: During the lease period, the LESSEE shall
respectfully and regularly abide by and follow all the Rules and Regulations being
imposed by the Management or Administrator of the Leased Premises property
management. The LESSEE shall also abide by and faithfully comply with the rules,
regulations and policies of the Homeowner’s Association wherein the LESSOR is a
member and whose jurisdiction the Leased Premises belongs.
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12. ASSOCIATON FEES. The association dues in the amount Eighty Pesos
(P80.00) per square meter shall be for the account of the LESSOR during the term of
the lease.
14. USE AND CARE OF THE LEASED PREMISES. The leased premises shall
be used exclusively for residential purpose only. LESSEE shall not introduce any
alterations and improvements without the written consent of the LESSSOR.
16. PRE-TERMINATION. The LESSEE shall have the right to pre-terminate the
Contract at any time one (1) month prior to the pre-termination date by serving a written
notice to the LESSOR, provided that the LESSOR shall forfeit all the security deposits
and/or advances representing as a pre-termination fee which constitutes damages
incurred by the LESSOR due to pre-termination. The LESSEE shall be liable to pay the
monthly compensation at the same rate plus twenty-five percent (25%) thereof as
penalty.
Only upon the receipt of the pre-termination fee by the LESSOR or the mutual
consent of both parties are secured shall this contract deemed as extinguished.
In the event the LESSEE shall abandon the leased premises, this lease shall be
terminated and the LESSEE authorizes the LESSOR to enter the room and take
custody of the property in the room.
17. VENUE OF SUIT: All disputes arising out of this Contract shall be filed
before the proper courts in Paranaque City.
IN WITNESS WHEREOF, the parties have hereunto set our hands this
_____________at ___________, Philippines.
____________________________ _________________________
MONICA CHEN_ WANG, SHAOPENG _
Lessor Lessee
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ACKNOWLEDGEMENT
Known to me and to me known to be the same persons who executed the foregoing
instrument and who have acknowledged to me that the same is their free and voluntary
act and deed.
WITNESS MY HAND AND SEAL on the date and place first above-written.
Doc. No.________
Page No.________
Book No.________
Series of 2023.