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1. Parties: Identification and details of the Lessor and Lessee, including complete names, addresses, and tax identification numbers
2. Background: Brief context of the agreement and description of the property being let
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the leased property, including exact location, boundaries, and floor area
5. Term and Renewal: Duration of the lease, commencement date, and conditions for renewal
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, advance rent, and payment methods
7. Utilities and Operating Expenses: Responsibility for utilities, maintenance fees, and other operating costs
8. Use of Property: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs
10. Rights and Obligations of the Lessor: Detailed listing of the landlord's rights and responsibilities
11. Rights and Obligations of the Lessee: Detailed listing of the tenant's rights and responsibilities
12. Insurance: Required insurance coverage and responsibilities
13. Default and Remedies: Events of default and available remedies for both parties
14. Termination: Grounds and procedures for termination of the lease
15. Governing Law: Specification of Philippine law as governing law and jurisdiction
16. Miscellaneous Provisions: Standard clauses including notices, entire agreement, amendments, and severability
1. Fit-Out Period: Terms for initial renovation or modification period, typically used in commercial leases
2. Furniture and Fixtures: Detailed provisions for furnished properties, including inventory and condition
3. Common Areas: Rules and access rights for shared facilities, typically used in commercial or condominium leases
4. Subletting and Assignment: Terms allowing or prohibiting subletting, typically included in longer-term or commercial leases
5. Force Majeure: Provisions for extraordinary events affecting the lease, particularly relevant post-COVID
6. Option to Purchase: Terms for potential future purchase of the property by the lessee
7. Pest Control: Specific provisions for pest control responsibilities, important in tropical climate
8. Air Conditioning Maintenance: Specific provisions for AC maintenance, common in Philippine properties
9. Building Rules: Reference to and incorporation of building or subdivision rules, for properties in managed communities
1. Schedule 1 - Property Description: Detailed description of the property including floor plans and photographs
2. Schedule 2 - Inventory List: Detailed list of furniture, fixtures, and equipment included in the lease
3. Schedule 3 - House Rules: Specific rules and regulations for the use of the property
4. Schedule 4 - Utility Readings: Initial meter readings for utilities at the start of the lease
5. Schedule 5 - Condition Report: Detailed report on the condition of the property at the start of the lease
6. Schedule 6 - Maintenance Schedule: Schedule of regular maintenance activities and responsibilities
7. Appendix A - Required Permits: Copies of relevant permits and certificates
8. Appendix B - Insurance Requirements: Detailed insurance requirements and specifications
Advance Rent
Building
Business Day
Commencement Date
Common Areas
Deposit
Event of Default
Expiry Date
Fair Wear and Tear
Force Majeure
Furnishings
Improvements
Initial Term
Lease Year
Lessee
Lessor
Monthly Rent
Notice
Operating Expenses
Permitted Use
Premises
Property
Renewal Term
Rent
Security Deposit
Service Charge
Term
Termination Date
Utilities
VAT
Working Hours
Zoning Requirements
Association Dues
Barangay
Local Government Unit
Real Estate Tax
Broker
Registration Fees
Documentary Stamps
Term and Renewal
Rent and Payment
Security Deposit
Utilities and Services
Use of Premises
Maintenance and Repairs
Alterations and Improvements
Insurance
Assignment and Subletting
Landlord Access
Tenant Obligations
Landlord Obligations
Default and Remedies
Termination
Force Majeure
Property Damage
Compliance with Laws
Notices
Dispute Resolution
Governing Law
Registration
Taxes and Fees
Indemnification
Quiet Enjoyment
Representations and Warranties
Common Areas
Health and Safety
Environmental Compliance
Security Measures
Building Rules
Permits and Licenses
Real Estate
Retail
Commercial Property
Residential Property
Hospitality
Office Space
Industrial
Education
Healthcare
Professional Services
Legal
Real Estate
Facilities Management
Operations
Finance
Administration
Compliance
Property Management
Asset Management
Contract Management
Property Manager
Real Estate Agent
Facilities Manager
Legal Counsel
Corporate Real Estate Manager
Leasing Manager
Property Administrator
Real Estate Broker
Business Operations Manager
Compliance Officer
Contract Administrator
Asset Manager
Real Estate Director
Chief Financial Officer
Office Manager
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