CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease is made and executed at the City of _______________, this 17th day of July, 2025,
by and between:

____________________________, of legal age, married, Filipino, with address at

_________________________________________, herein referred to as the “LESSOR”;

-AND-

____________________________, of legal age, single, Filipino, with address at

_________________________________________, hereinafter referred to as the “LESSEE.”

WITNESSETH; THAT

WHEREAS, the LESSOR is the owner of the HOUSE AND LOT located at
_____________________________________________, herein referred to as the “LEASED PREMISES”;

WHEREAS, the LESSOR agrees to lease-out the LEASED PREMISES to the LESSEE and the LESSEE is willing
to lease the same for the period, the price and under the terms and conditions herein provided;

NOW THEREFORE, in consideration of the above premises and of mutual promises, covenants, and
stipulations herein stipulated, the parties hereto have agreed and do hereby agree as follows:

1. TERM

The lease shall be for a period of 2 years, commencing on July 20, 2025 and ending on July 19, 2027, (the
“Term”) with the option to renew upon 45-DAY NOTICE in writing given prior to its termination, upon
mutual consent of both parties.

2. RENTAL, DUES, SECURITY DEPOSIT, ETC.

The LESSEE shall pay a monthly rental of Twenty-Five Thousand Pesos (PhP25,000.00) for the first year,
and Twenty-Six Thousand Two Hundred Fifty Pesos (PhP26,250.00) for the second year, exclusive of
Value-Added Tax (VAT) and net of any other applicable taxes that may be imposed or collected thereon.
All other charges, including but not limited to water, electricity, internet subscription, telephone and
cable TV services, and homeowner’s association dues shall be for the sole account of the LESSEE.

Upon signing this Agreement, the LESSEE shall pay the LESSOR in cash the amount of Seventy-five
thousand pesos (PhP75,000.00), representing 2-month security deposit and 1-month advance rental, the
latter shall be applied on the first month of the lease period.

Rental payments shall be payable in advance, being due on the first day of the months covered by the
lease term, or every 20th day of the month, starting July 20, 2025, until the end of the lease term,
without need of further demand. The payment of the aforesaid rental by the LESSEE shall be made via
post-dated checks. In case of default by the LESSEE in the payment of the rent, the LESSOR at its option
may terminate this contract and eject the LESSEE as hereinafter provided. The LESSOR has the right to
padlock the premises when the LESSEE is in default of payment for one (1) month.

The Security Deposit shall be maintained to answer for any unpaid charges for water, electricity,
Internet subscription, telephone and cable TV service incurred by the LESSEE, unpaid rent, and damages
to the premises. The amount, after due deduction therefrom, should there be any, shall be refunded to
the LESSEE within 30 days from the complete return of the PREMISES.
3. USE OF PREMISES

The LESSEE agrees to use the leased PREMISES for residential use only and shall not in any way be used
for any illegal or unlawful activity or be used as storage to keep materials, chemicals and other matters
considered as fire hazards or nuisance to the property.

4. WATER, ELECTRICITY, AND OTHER UTILITIES

The LESSEE shall be responsible for the payment of water, electricity, Internet subscription, telephone,
cable TV service, garbage collection fees, homeowner’s association dues, etc. The LESSEE is required
monthly to provide the LESSOR with a copy of Meralco and Maynilad payments as proof of prompt
payment of electric and water bills.

5. MAINTENANCE AND REPAIRS

The LESSEE shall be responsible for all minor repairs and routine maintenance, such as replacing light
bulbs, unclogging drains, and cleaning fixtures. The LESSOR shall cover major repairs affecting the
structure, plumbing, electrical, and other essential systems, unless caused by the LESSEE’s misuse or
negligence. Any damage due to LESSEE’s fault shall be repaired at LESSEE’s expense. The LESSEE must
promptly notify the LESSOR of any needed repairs and allow reasonable access for inspection and repair
work. Before moving in, the LESSEE has inspected the PREMISES and found it to be in good and tenable
condition.

6. IMPROVEMENTS AND ALTERATIONS

The LESSEE shall not make any structural alteration, addition or improvement on the leased PREMISES
without the consent of the LESSOR. Any major alterations or improvements made or introduced by the
LESSEE in the Leased Premises with the consent of the LESSOR shall upon termination or expiration of
this Contract, automatically inure to the benefit of the Leased Premises and become property of the
LESSOR without any obligation on the latter’s part to pay for its value or cost to the LESSEE.

7. FIRE HAZARD AND HAZARDOUS SUBSTANCE

The LESSEE shall not keep, deposit, or store in the Leased Premises any hazardous or inflammable
material or substance that might constitute a fire hazard.

8. SALE, TRANSFER, AND MORTGAGE

The LESSOR reserves the right to mortgage, sell, or otherwise dispose of the property, provided the
LESSEE’S rights under this lease are respected. The LESSEE agrees to allow the LESSOR or their
authorized representative, to enter the PREMISES, together with the prospective buyers upon prior
notice and arrangement made by the LESSOR with the LESSEE and at reasonable hours. The LESSOR
agrees that in the event such sale of the leased PREMISES occurs, the condition embodied in this Lease
Contract, shall be respected and honored by the new owner.

9. THIRD-PARTY LIABILITY

The LESSEE, during their occupancy of the Leased Premises, shall hold the LESSOR free from any liability
or responsibility to any person or property arising out of or as a consequence of the use of the LEASED
PREMISES by the LESSEE, their immediate family, agents, employees, domestic help and guests.

10. FORCE MAJEURE

If whole or any part of the leased premises shall be destroyed or damaged by fire, flood, lightning,
typhoon, earthquake, storm, riot or any other unforeseen disabling cause of acts of God, as to render
the leased premises during the term substantially unfit for use and occupation of the LESSEE, then this
lease contract may be terminated without compensation by the LESSOR or by the LESSEE and rental
payments shall be prorated as of such date.
11. INSPECTION OF PREMISES

The LESSOR leases the LEASED PREMISES to the LESSEE on an “as is, where is” basis. The LESSEE hereby
declares that it has inspected the Leased Properties prior to the execution of this Lease Agreement and
acknowledges that the LESSEE is fully satisfied with the conditions thereof. The LESSEE shall maintain
the leased PREMISES in good and tenable condition. The LESSOR reserves the right, at reasonable hours
and with notice, to enter and inspect the leased PREMISES.

12. SUBLEASE AND ASSIGNMENT OF RIGHTS

The leased PREMISES shall not be subleased by the LESSEE. The LESSEE shall not assign, sell, or transfer
the leasehold rights to the leased PREMISES or any part thereof.

13. GUARANTEED LEASE

This Lease Contract must not be terminated during the lease period. In the event the LESSEE terminates
the Contract within the agreed Lease Term and decides to move out of the Leased Premises, the Lessee
must inform the Lessor 45 days’ prior to the move out date. The 1-month security deposit shall be
forfeited in favor of the LESSOR and the other 1-month security deposit shall be refunded to the LESSEE,
subject to Item No. 2. Rental, Dues, Security Deposit, etc. However, in case of pre-termination of this
Lease Contract by the LESSOR, the treatment/handling of the 2-month security deposit will follow the
provision stated in Item No. 2. Rental, Dues, Security Deposit, etc.

14. RULES AND REGULATIONS

The LESSEE agrees to abide by the existing rules and regulations promulgated by the subdivision’s
homeowners’ association, and other laws, ordinances, rules and regulations promulgated or shall be
promulgated by the competent authorities affecting the occupancy of the LEASED PREMISES. Moreover,
the LESSEE agrees to adhere to the LESSOR’s rules and obligations, including but not limited to the
following:

A. Taking affirmative action to ensure that nothing exists which might place the LESSOR in
violation of applicable building, housing and health codes;
B. Keeping the leased PREMISES clean and sanitary; removing garbage and trash as they
accumulate; maintaining plumbing in good working order to prevent stoppages and/or
leakage of plumbing, fixtures, faucets, pipes, etc.;
C. Handling/operating all electrical, plumbing, sanitary, and other appliances in a reasonable and
safe manner;
D. Assuring that all property belonging to the LESSOR is safeguarded against damage,
destruction, loss, removal, or theft; and
E. Conducting him/herself, his/her family, friends, guests and visitors in a manner which will not
disturb the neighborhood, fostering a harmonious relationship among and between the
neighborhood.

The LESSEE warrants that he/she will meet the above conditions in every aspect and acknowledges that
failure to do so will be grounds for termination of this Contract.

15. PETS

The LESSOR gives the LESSEE permission to live in the LEASED PREMISES the LESSEE’s dog pets only. No
other types of pets are allowed on the leased premises without the prior consent of the LESSOR. The
LESSEE agrees to the following terms:

A. The LESSEE shall always be responsible for their pets;

B. The LESSEE will take all reasonable action to not allow their pets from creating a nuisance,
annoyance and disturbance to the neighbors;
C. Pets must always be under the full control of the LESSEE;
 D. The LESSEE will clean up and properly dispose of all pet waste inside and outside the
Premises;
E. The LESSEE will comply with all applicable community association rules, local ordinances,
rules and regulations;
F. The LESSEE shall be liable for any damage, loss or injury caused by the Lessee’s pets. LESSEE
will pay all costs to repair, clean or replace any damage to the Premises caused by the pets;
G. The LESSOR retains the right to remove the pets and the LESSEE or terminate the lease if the
pets or the LESSEE is/are in serious or repeated violation of this provision of the agreement
or is/are causing harm and hazard to others. If only the pet is removed, this will have no
effect on the validity of the signed lease agreement, which the LESSEE will still have to adhere
to; and
H. LESSOR has the right to make changes to the pet agreement if the LESSOR gives proper
notice, at least 30 days.

16. RETURN OF LEASED PREMISES

The LESSEE, upon the expiration of this Lease Contract, shall agreeably surrender the leased PREMISES
to the LESSOR, in the same condition in which it was received, save what has been lost or impaired by
the lapse of time, by ordinary wear and tear, or of a fortuitous event. 45 days prior to the return of the
leased PREMISES, the LESSOR may show the PREMISES to prospective tenants at reasonable hours with
prior notice and may also affix a “For Rent” sign thereon.

17. NON-WAIVER

Failure by the LESSOR to insist upon the strict performances of any terms, conditions, provisions and
covenants hereof shall not be deemed a relinquishment or waiver of any subsequent breach or default
of such terms and conditions. No waiver shall be deemed to have been made unless expressed in
writing.

18. BREACH OR DEFAULT

Should either party violate any of the terms and conditions of this Lease Contract, the aggrieved party
shall have the right to terminate this contract without prejudice to any claim arising therefrom.
However, before this provision shall take effect, the party guilty of the violation shall be given 3 days to
correct or make good the violation. Upon termination of this Contract of Lease due to breach or default
of either party, the treatment/handling of the 2-month security deposit will follow the provision stated
in Item No. 2. Rental, Dues, Security Deposit, etc.

19. ENTIRETY OF AGREEMENT

This Lease Contract represents the entire agreement between the LESSOR and the LESSEE and
supersedes all prior negotiations, representations or agreements, either oral or written. This Contract
may be amended only by written instrument signed and agreed by both parties.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this 17th day of July, 2025 in
___________________, Philippines.

_______________________________ _______________________________

LESSOR LESSEE

Signed in the presence of:

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