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    Contract of Lease

    Uploaded by

    Marq Qo
    This document is a contract of lease between Arlene S. Quimpo and Blesilda L. Alfon. It details the terms of the lease including: a one year term renewable by both parties; a monthly rental of PHP 5,500 to be paid by the last week of each month; electric, water, telephone and other charges to be paid by the lessee; the premises to be used exclusively for commercial/restaurant purposes; any alterations require the lessor's consent; the lessee is responsible for minor repairs; and both parties signed the contract in the presence of a notary public.

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    © All Rights Reserved
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    Contract of Lease

    Uploaded by

    Marq Qo
    124 views2 pages
    This document is a contract of lease between Arlene S. Quimpo and Blesilda L. Alfon. It details the terms of the lease including: a one year term renewable by both parties; a monthly rental of PHP 5,500 to be paid by the last week of each month; electric, water, telephone and other charges to be paid by the lessee; the premises to be used exclusively for commercial/restaurant purposes; any alterations require the lessor's consent; the lessee is responsible for minor repairs; and both parties signed the contract in the presence of a notary public.

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    © © All Rights Reserved

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    This document is a contract of lease between Arlene S. Quimpo and Blesilda L. Alfon. It details the terms of the lease including: a one year term renewable by both parties; a monthly rental of PHP 5,500 to be paid by the last week of each month; electric, water, telephone and other charges to be paid by the lessee; the premises to be used exclusively for commercial/restaurant purposes; any alterations require the lessor's consent; the lessee is responsible for minor repairs; and both parties signed the contract in the presence of a notary public.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    124 views2 pages

    Contract of Lease

    Uploaded by

    Marq Qo
    This document is a contract of lease between Arlene S. Quimpo and Blesilda L. Alfon. It details the terms of the lease including: a one year term renewable by both parties; a monthly rental of PHP 5,500 to be paid by the last week of each month; electric, water, telephone and other charges to be paid by the lessee; the premises to be used exclusively for commercial/restaurant purposes; any alterations require the lessor's consent; the lessee is responsible for minor repairs; and both parties signed the contract in the presence of a notary public.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CONTRACT OF LEASE

    This agreement made and entered into by and between ARLENE S. QUIMPO, of
    legal age, Filipino citizen, married, and with residence and postal address at Panday St.,
    Goa, Camarines Sur, hereinafter referred to as the LESSOR;

    AND

    BLESIDLA L. ALFON, of legal age, married, Filipino citizen, and with residence
    and postal address at Maymatan, Goa, Camarines Sur, hereinafter referred to as the
    LESSEE;

    WITNESSETH:

    1. TERMS- The lease shall be for one (1) year renewable at the option of the parties but
    if any one would like to terminate the term before its expiration, a notice in writing will
    be provided by either party to the other within six (6) months from the date of this
    contract, and from the date of notice, the lessor agrees to give the lessee six (6) months
    to prepare the latter to vacate or leave the leased premises;

    2. AMOUNT OF RENT- The LESSEE shall pay a monthly rental of Five thousand five
    hundred pesos (Php 5,500), net of tax, without any deduction whatsoever, to be paid in
    full, every last week of each month, such payment to be made to the LESSOR and/or her
    authorized collector;

    3. All electric, water, telephone and other charges shall be for the account of the
    LESSEE;

    4. USE OF PREMISES – The premises hereby leased shall be used exclusively for
    commercial/restaurant purposes and shall not be diverted to any other purpose without
    the consent of the LESSOR;

    5. ALTERATIONS, ADDITIONS, IMPROVEMENTS, ETC. – The LESSEE shall not make any
    alteration, addition or improvement without the prior written consent of the LESSOR. All
    such alterations, additions or improvements made by either party in the leased
    premises except the movable furniture put in at the expense of the LESSEE and
    removable without defacing or injuring the leased premises shall become the property
    of the LESSOR and remain upon and be surrendered with the premises as part thereof
    upon the termination of the lease, without the compensation of the LESSEE;

    6. SUBLEASE AND TRANSFER OF RIGHTS – The LESSEE shall not assign or transfer her
    right in this contract to the third party not leases premises at all times;

    7. That in the event of the withholding tax, value added tax, or substitute statutory
    imposition is implemented, the LESSEE agrees to assume the tax or such statutory
    imposition;
    8. CARE OF LEASED PREMISES – The LESSEE shall, at her expense, maintain the leased
    premises in a clean and sanitary condition at all times;

    9. INSPECTION OF PREMISES – The LESSOR or her authorized agent shall, by previous


    arrangement with the LESSEE, have the right to enter the leased premises at any
    reasonable time to examine the same, make alterations or repairs, or for the operation
    or maintenance of the building or its installations;

    10. REPAIRS AND RENOVATION – The LESSEE obligates herself to undertake on her own
    account minor repairs and renovations on the premises and facilities therein without
    any reimbursement on the part of the LESSOR;

    IN WITNESS HEREOF, the parties hereto set their signatures this ________ day of
    ______________________, 2016 at Goa, Camarines Sur.

    ARLENE S. QUIMPO BLESILDA L. ALFON


    LESSOR LESSEE

    Signed in the Presence of:

    _____________________________ ______________________________

    Republic of the Philippines


    Province of Camarines Sur
    Municipality of Goa

    BEFORE ME, Notary Public, personally appeared the following:

    Name ID/CTC Date and Place of Issue


    Arlene S. Quimpo ________________________ __________________________
    Blesilda L. Alfon ________________________ __________________________

    Known to me to be the same persons who executed the foregoing contract of lease and
    acknowledged to me that the same is their free act and voluntary deed.

    WITNESS MY HAND AND NOTARIAL SEAL this _____ day of ______________________,


    2016

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