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CONTRACT OF LEASE
KNOW ALL MEN BY THESE PRESENTS:
This Contract of Lease made and entered into by and between:
- and -
_____________, of legal age, Filipino, (single / married / widow), and a
resident of _____________, Philippines, (hereinafter referred to as the
"LESSEE");
WITNESSETH That:
WHEREAS, the LESSOR is the owner of a certain parcel of land situated at
_____________, Philippines, more particularly described as follows:
3. That upon the signing of this Contract, the LESSEE agrees to pay
advanced rentals for _____________ (_______) months;
4. That the LESSOR shall pay the real property taxes levied of the leased
premises corresponding to the aforementioned parcel of land while the
LESSEE shall pay the real property taxes levied on the building and other
improvements that shall be introduced by the latter;
LESSOR LESSEE
__________________ __________________
(ACKNOWLEDGMENT)