Sample Commercial Lease Agreement In Tagalog

The lessor wishes to rent the rented premises to the tenant and the tenant wishes to rent the premises rented by the lessor for the duration, at the time of the rental and the agreements, conditions and provisions set out therein. 1. OBJECTIVES: The rented premises may only be used by the tenant for residential purposes and may not be diverted for other purposes. It is expressly agreed that, if the premises are used for other purposes at any time, the owner has the right to terminate this contract, without prejudice to his other legal rights. The lessor makes available for rent a part of the building called [suite or other number of leased buildings] (the “leased premises”). This Agreement terminates any prior agreement or arrangement on the subject matter of this Convention. This Agreement may only be amended by another letter duly executed by both Parties. One. The tenant pays the lessor the rent of [annual rent] per year during the first period, payable in instalments of [monthly rent amount] per month.

Each instalment payment shall be due on the first day of each calendar month during the term of the rental in advance to the lessor at [the payment address indicated by the lessor] or at another place determined by written notification of the lessor or lessee. The amount of rent for all partial calendar months included in the rental period is set each day on a pro rata basis. The tenant also pays the landlord a “deposit” in the amount of [deposit]. The lessee has the right to transfer this lease to a company with which the lessee may merge or consolidate, without the consent of the lessor, to a subsidiary of the lessee, to a company under common control with the lessee or to a buyer for the bulk of all the tenant`s assets. With the exception of the foregoing, the lessee may not sublet all or part of the rented premises or assign all or part of this rental agreement without the agreement of the lessor, without such consent being inappropriately refused or delayed. B. Rent for a renewal period, provided that it has been established in accordance with this lease agreement, i.e. [annual rent extended] per year, payable in instalments of [monthly rental amount] per month. CONSIDERING that the lessor is the owner of the leased premises, a residential property located at the address of the property to be rented; 6.

SUBLETTING AGREEMENT: the lessee may not, directly or indirectly, sublet, accept or cause to live in the rented premises by any person, form or entity, or assign his rights under this contract to another natural or legal person, and the lessee shall not transfer or entrust any interest to the latter or without the written consent of the lessor. 9. LESSOR`S RIGHT OF ACCESS: The lessor or his agent has the right to enter the premises at any reasonable time, in the presence of the tenant or his representative, after informing the tenant, or to expose them to the potential tenant for the operation and maintenance of the rented building or premises. or for other legitimate purposes it deems necessary. 2. TERM: This rental period is ONE (1) YEAR. from (date) to (date) inclusive. Upon its expiry, this lease agreement may be renewed under mutually agreed terms between the two parties and written notice of the intention to renew the lease shall be served on the lessor no later than seven (7) days before the expiry of the period agreed herein. 10.

EXPIRATION OF THE RENTAL AGREEMENT: Upon expiry of the term of this rental agreement or its termination, as provided, the tenant will immediately provide the lessor with the rented premises with all the appropriate keys and in the same good and lasting condition as it is currently, normal wear and tear is expected without all occupants, mobile furniture, articles and effects of any kind. Failure by the tenant to comply with the conditions of this clause gives the lessor the right to refuse, at the latter`s option, the acceptance of the delivery of the premises and to oblige the tenant to pay the rent at the same rate increased by twenty-five (25%) of this sum until the tenant has complied with the conditions of this agreement. . . .

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