CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS;

This CONTRACT OF LEASE is made and executed by and between;

____________________________________, of legal age, Filipino citizen with residence
and postal address at ____________________________________________________________
_____________________________________________, hereinafter referred to as LESSOR, and
______________________________________________, of legal age, Filipino citizen with
residence and postal address at ____________________________________________________
________________________________________, hereinafter reffered to as the LESSEE;
WITHNESSETH;
WHEREAS, the Unit Owner, the registered owner of ____________________________
(hereinafter reffered to as the Unit) desires to offer the unit for lease;
NOW THEREFORE, for and in consideration of the terms and conditions the parties
hereby, agree as follows;
1. TERMS
The Unit will be leased for twelve (2) months by the LESSEE dated as follows;
1. ________________ ____, 20____ to ________________ ____, 20____
2. ________________ ____, 20____ to ________________ ____, 20____
3. ________________ ____, 20____ to ________________ ____, 20____
4. ________________ ____, 20____ to ________________ ____, 20____
5. ________________ ____, 20____ to ________________ ____, 20____
6. ________________ ____, 20____ to ________________ ____, 20____
7. ________________ ____, 20____ to ________________ ____, 20____
8. ________________ ____, 20____ to ________________ ____, 20____
9. ________________ ____, 20____ to ________________ ____, 20____
10. ________________ ____, 20____ to ________________ ____, 20____
11. ________________ ____, 20____ to ________________ ____, 20____
12. ________________ ____, 20____ to ________________ ____, 20____
Post dated cheques shall be issued by the LESSEE to the LESSOR as payment for
months two (2) to twelve (12).
2. ADVANCE
One (1) month advance payment in cash, amounting to ________________________
________________________ PESOS (Php _______________________.___) Philippine
Currency shall be paid by the LESSEE to the LESSOR which shall be applied to the first
month of the term of the lease;

3. SECURITY DEPOSIT
One (1) month will be issued in cash, amounting to ________________________
________________________ PESOS (Php _______________________.___) Philippine
Currency shall be paid by the LESSEE to the LESSOR as security deposit to secure the
payment by the LESSEE of water, electricity, and other utility bills, and any loss damage
or destruction caused to the unit, or any property found therein, which is not attrributable
to normal wear and tear. The security deposit shall be refunded upon termination of
contract after the LESSEE has vacated the leased premise, and only if the LESSEE has
no unpaid rental fees. The security deposit shall be forfeited in favor of the LESSOR to
cover any unpaid rental fees, utility bills and damage to the unit without prejudice to the
LESSOR resort to other remedies to collect any liability in excess of the security deposit;
4. UNIT INSPECTION
The LESSOR reserves the right to periodically inspect the unit to ensure that it is
maintained in good tenantable condition.

IN WITNESS WHEREOF, the parties have hereunto set their hands this _____ day of
_____________________ in __________________.

_______________________
LESSEE
Ctc No.
Issued on
At

LESSOR
Ctc No.
Issued on
At

SIGNED IN THE PRESENCE OF

__________________________

__________________________

BEFORE ME, a Notary Public for and in Quezon City personally appeared both parties
known to me and to me known to be the same persons who executed the foregoing instrument
and acknowledged to me that the same is their voluntary act and deed.

WITNESS MY HAND AND SEAL, this _____ day of _____________________.

Doc No. ______

Page No. ______
Book No. _____
Series of ______
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