bedspace contract

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Bedspace Contract

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CONTRACTKNOWN TO ALL MEN BY THESE PRESENTS

This contract of lease is made and executed at the City of Manila on ____________________ by and between the following parties:

WALLY L. PEREZ, 32 years of age, with postal and residential address at 9278 Mactan , single, to be referred to as LESSOR hereinafter;- and _____________________________, ______ of age, with postal and residential address at __________________________________, to be referred to as LESSEE hereinafter;

WITNESSETH; ThatWHEREAS,theLESSORis the manager of the units in the residential property situated at 9278 Mactan St., Guadalupe Nuevo, Makati CityWHEREAS,theLESSORagrees to lease-out a portion of the said unit as bed space units to the LESSEE and the LESSEE is willing to lease the same;NOW THEREFORE, for and in consideration of the foregoing premises, the LESSORleases unto the LESSEE and the LESSEE hereby accepts from theLESSOR theLEASEDpremises, subject to the following:

TERMS AND CONDITIONS

SECTION 1 RENTALS The monthly rental fee is TWO THOUSAND PESOS (Php. 2000.00). The said fee is inclusive of the monthly water, telephone, cable and wi-fi bills. The said amount must be paid on or the ____ day of every monthly. A grace period of one (1) day shall be given and any delayed payments thereafter shall be charged a daily penalty of Php. 50.00 per day. The said payments shall be directly paid to the LESSOR or any of his authorized representatives.SECTION 2 DEPOSITS and ADVANCES The LESSEE shall deposit Php. 2000.00 as one month advance and another Php. 2000.00 as a deposit. Any reservation fee paid shall be considered as partial payment for the said amounts. The deposit shall only be given (refundable) if: A. For whatever reason, the LESSEE plans to move out; the LESSEE shall give the LESSOR a minimum of 30 days written or verbal advance notice to look for a new replacement. Upon failure to do this will result of a non-refundable deposit.B. Upon the return of the keys to the unit (keys to the main gate, main door and to the room). Upon failure to return the said items, a deduction of Php. 500.00 shall be charged to the deposit, the same being for the expenses to be incurred in changing any locks or knobs for security purposes.SECTION 3 MONTHLY DUES:A. Electricity - The LESSEE shall pay the monthly electric bill equally divided by the number of occupants. B. Gas The LESSEE shall pay (optional) the monthly electric bill equally divided by the number of occupants. SECTION 3 RULES AND REGULATIONS The LESSOR sets the following rules to be followed inside premises covered by this contract:A. SMOKING IS STRICTLY PROHIBITED INSIDE THE ROOM, SALAS, FIRE EXIT & TOILET. Any LESSEE who shall violate this rule shall be evicted with cause and shall forfeit the right to his deposit;B. The LESSEE shall be responsible to report any damage or any necessary repairs to the premises to the LESSOR. Any damage caused to the said premises directly by or by the negligence to report the same to the LESSOR shall be charged to the LESSEE;C. Guests shall only be allowed in the receiving area;D. STRICTLY NO GIRLS ALLOWED INSIDE THE ROOMS;E. The LESSEE shall be responsible for the cleanliness of the premises at all times during his stay;F. The LESSOR reserves the right to inspect the premises for any violations or for any needed repairs;SECTION 5 - FORCE MAJEURE If whole or any part of theleasedpremises 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 theleased premises during the term substantially unfit for use and occupation of the LESSEE, then thislease contractmay be terminated without compensation by the LESSORor by the LESSEE by notice in writing to the other.SECTION 6 - LESSOR'S RIGHT OF ENTRY TheLESSORor its authorized agent shall after giving due notice to the LESSEE shall have the right to enter the premises in the presence of the LESSEE or its representative at any reasonable hour to examine the same or make repairs therein or for the operation and maintenance of the building or to exhibit theleasedpremises to prospective LESSEE, or for any other lawful purposes which it may deem necessary.

SECTION 7. EXPIRATION OR CANCELLATION OF LEASE At the expiration of the term of this lease or cancellation thereof, as herein provided, the LESSEE will promptly deliver to the LESSORtheleasedpremises with all corresponding keys and in as good and tenable condition as the same is now, ordinary wear and tear expected devoid of all occupants, movable furniture, articles and effects of any kind. Non-compliance with the terms of this clause by the LESSEE will give theLESSORthe right, at the latter's option, to refuse to accept the delivery of the premises and compel the LESSEE topay renttherefrom at the same rate plus Twenty Five (25) % thereof as penalty until the LESSEE shall have complied with the terms hereof. The same penalty shall be imposed in case the LESSEE fails to leave the premises after the expiration of this Contract of Lease or termination for any reason whatsoever.

IN WITNESS WHEREOF,the parties herein affixed their signatures on the date and place above written.

_________________________ __________________________ LESSOR LESSEE_________________________ CERTIFIED

Signed in the presence of:_____________________________ ______________________________ACKNOWLEDGEMENTRepublic of the Philippines)City of Manila) S.SBEFORE ME, personally appeared:Name I.D. Number Date/Place Issued__________________________________________________ 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 free and voluntary act and deed.This instrument consisting of three (3) page, including the page on which this acknowledgement is written, has been signed on each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial seal.WITNESS MY HAND AND SEAL, on the date and place first above written.

NOTARY PUBLIC

Doc. No.______;Page No. ______;Book No.______;Series of 2013.

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