Contract of Lease For Monthly Rent 2
Contract of Lease For Monthly Rent 2
Contract of Lease For Monthly Rent 2
-AND-
EDGAR ALLAN Z. BASCO, Filipino with residence and postal address at 1200
Saracen St., Brgy Rizal, Makati City hereinafter referred to as the SUBLESSEE.
WITNESSETH: that -
WHEREAS, the SUBLESSOR is the owner of a condominium unit located at
PARANAQUE City, more particularly described as follows:
707 RIO WEST TOWER - A fully furnished condo unit 1bedroom, 1 kitchen living
room and dining area 1 full bathroom, with balcony.
WHEREAS, the SUBLESSEE desires to sublease the above-named condominium
unit and the UNIT OWNER is willing to lease the same unto the SUBLESSEE,
subject to the terms and conditions herein below set forth.
USE AND OCCUPANCY OF PROPERTY
NOW, THEREFORE, for and in consideration of the foregoing premises and the covenants
hereinafter stipulated, the parties hereby agree as follows:
1. CONDITION OF UNIT
Sublessor acknowledges that Sublessee is accepting the Unit in its “as is”
condition. Sublessor further acknowledges that Sublessee has thoroughly inspected the
Unit and has found the Unit to be in good order and repair and that the appliances, if
any, are in good operating condition. Sublessor further states that Sublessee knows how
to operate the appliances and shall do so in accordance with the manufacturer’s
instructions. Sublessor is not responsible in any way for errors contained in the
condominium brochure or plans.
2. INJURY OR DAMAGE:
The Sublessee hereby assumes the full responsibility for any damage of the
appliances, furniture and all the staff that is inside the unit during the duration of the
lease. The Sublessee will pay the damage caused during the stay in the unit.
5. RULES
Sublessee shall comply with these rules (the “Rules”) at all times. If there is a
change in the rules, Sublessor will give sublessee notice of same. SUBLESSOR Shall not
be liable to sublessee for another Tenant’s violation of the Rules. The rights afforded
under the following Rules are for the sole benefit of Landlord:
a. tenant(s) shall abide by all rules and regulations set by the Association
b. the quiet enjoyment of other tenants shall not be interfered with;
c. sounds, odors and lights which are annoying to other tenants are not allowed;
all posted rules must be followed;
d. smoking is not permitted in the Unit only in the Balcony
e. all flammable or dangerous items may not be kept or stored in the Unit;
f. nothing shall be placed on or attached to the fire escapes, windows, doors or in the
hallways or common areas;
g. tenant shall use its best efforts to conserve energy and water;
h. if a pet is permitted, pet feces in yard must be cleaned within 24 hours of the
occurrence
i. The sublesse will be the one to pay the monthly association dues amounting of _____
j. The sublessee will be the one to pay the monthly electric bill, water bill and all utility
bills.
6. ENTIRE AGREEMENT
Sublessor states that Sublessee has read this Lease and that it fully incorporates
all understandings, representations and promises made to Sublessee by Sublessor and
that this Lease supersedes all prior representations, agreements and promises, whether
oral or written.
7. SURRENDER OF UNIT
On the Termination Date, Sublessee shall deliver the Unit to in good condition
and broom clean. Prior to such delivery, Sublessee shall have vacated the Unit, removed
sublessee's property, repaired all damages caused by Tenant and return the Unit in the
same condition as received, reasonable wear and tear excepted.
IN WITNESS WHEREOF, the parties have hereunto set their hands, this _____________ at
_____________, Philippines.
LANDLORD TENANT
EDGAR ALLAN Z. BASCO 11/10/17 RAMON P. ECO 11/10/17
NAME DATE NAME DATE
ID AND ID NO.______________________ ID AND ID NO. ______________________