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CONTRACT KNOWN TO ALL MEN BY THESE PRESENTS This contract of lease is made and executed at the
City of Manila on ____________________ by and between the following parties: MERVIN JAY R. FERNANDO, 24
years of age, with postal and residential address at 1F 1363 F. Jhocson street, single, to be referred to as
LESSOR hereinafter; - and

_____________________________,
______
of
age,
with
postal
and
residential
address
at
__________________________________, to be referred to as LESSEE hereinafter;
WITNESSETH
; That
WHEREAS
, the LESSOR is the manager of the units in the residential property situated at 2
nd
Floor Unit B 1363 F. Jhocson street Sampaloc, Manila;
WHEREAS
, the LESSOR agrees to lease-out a portion of the said unit as bed space units 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 LEASED premises, subject to the following:
TERMS AND CONDITIONS
SECTION 1

DURATION

The lease of a bed space unit in 2F 1363 F. Jhocson street Sampaloc Manila shall start to run from
_____________ to __________ , and may thereafter be extended on a monthly basis. Payment of the monthly
rental shall be construed as an extension for one (1) month. Upon the end of any monthly term, and if the
LESSEE wishes to extend for a period not consisting one (1) month, he shall be charged a daily rate of Php.
100.00. SECTION 2

RENTALS

The monthly rental fee is TWO THOUSAND PESOS (Php. 2000.00). The said fee is inclusive of the monthly
electrical and water bills. The said amount must be paid on or the ____ day of every monthly. A grace
period of one (1) day shall be given and any delayed payments thereafter shall be charged a daily penalty
of Php. 50.00 per day. The said payments shall be directly paid to the LESSOR or any of his authorized
representatives. SECTION 3

DEPOSITS and ADVANCES

The LESSEE shall deposit Php. 2000.00 as one month advance and another Php. 2000.00 as a deposit. Any
reservation fee paid shall be considered as partial payment for the said amounts. The deposit shall only be
given upon the return of the keys to the unit (keys to the main gate, main door and to the room). Upon
failure to return the said items, a deduction of Php. 500.00 shall be charged to the deposit, the same being
for the expenses to be incurred in changing any locks or knobs for security purposes. SECTION 4

RULES AND REGULATIONS

The LESSOR sets the following rules to be followed inside premises covered by this contract: A. SMOKING
IS STRICTLY PROHIBITED INSIDE THE SAID PREMISES AND ON THE OUTSIDE CORRIDORS. Any LESSEE who
shall violate this rule shall be evicted with cause and shall forfeit the right to his deposit