1) that the term of this lease begins from the signing of the contract for a period of — (years/month) (years/month) (years/month) (years/month) at the signing of the contract and can then be extended after mutual agreement of the parties; A residential rental agreement is used when a landlord wishes to rent or lease a property to a tenant for residential and possibly residential purposes. For example, this form would be used to rent an apartment or basement suite. The parties choose the above addresses as their physical addresses for the purpose of providing a notification, payment of any amount and legal action in connection with this property lease. Each party can change the information about its physical addresses at any time, by written notification to the other party. This amendment will come into effect on the 7th day after the other party receives the notification. Any notification that the landlord must send to the tenant is considered valid if it is sent by prepaid recommended letter to the tenant in the property or left by the landlord or his representative at that address, which is considered to be 5 days after the publication by recommended letter or on the day of sending the notification by telephone. 6. SUB-LEASE: LESSEE cannot sublet, admit, or completely or indirectly, the occupation of premises rented by a person, form or organization, or transfer or transfer its rights to another person or institution under that sub-direction and no interest or transfer rights are transferred by the LESSEE without the written consent of the ESOR. 3. RENTAL RATE: The monthly rental price of rented premises is IN PESOS: AMOUNT IN WORDS (P 00,000.00), Philippine currency.
All rents must be paid to THEOR. 8. FORCE MAJEURE: If all or part of the rented premises are destroyed or damaged by fire, flooding, lightning, typhoon, earthquakes, storms, riots or any other unforeseen disturbance of God`s actions, in order to render the rented premises significantly unfit for use and occupation of the LESSEE for the duration of the life, this lease can be terminated in writing by THE LESSOR or by LESSEE without compensation. 7. PUBLIC UTILITIES: Lessee pays for the duration of the lease for telephone, electricity, cable television, water, Internet, association fees and other utilities and utilities. The owner wishes to lease the property mentioned above for the benefit of the LESSEE, and the LESSEE accepts the lease under the conditions set out in it. NOW THEREFORE, for and taking into account the above premises, the LESSOR leased to LESSEE and the LESSEE by the present accepted by the LEASED premises, subject to: This form is also known as: lease, lease, lease, lease, lease, lease, lease, owner whereas, the Lessor has agreed to rent the property.