Long Term Lease Agreement for Philippines

Long Term Lease Agreement Template for Philippines

A comprehensive legal document governed by Philippine law that establishes a long-term tenancy relationship between a lessor and lessee. This agreement outlines the terms and conditions for the extended use of real property, typically exceeding one year, and is subject to specific requirements under the Civil Code of the Philippines and related property laws. The document covers essential elements including rent determination, payment terms, maintenance responsibilities, permitted use, insurance requirements, and termination conditions, while ensuring compliance with local property regulations and registration requirements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Long Term Lease Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Long Term Lease Agreement?

The Long Term Lease Agreement is a crucial legal instrument in Philippine real estate transactions, designed for situations requiring extended property use arrangements exceeding one year. It serves as a comprehensive framework governing the rights and obligations of property owners and tenants, ensuring compliance with the Civil Code of the Philippines, the Rent Control Act, and other relevant property laws. This document is essential for businesses seeking stable, long-term premises, property owners looking to secure steady long-term income, and organizations requiring detailed documentation of their property arrangements. The agreement typically requires notarization and registration with appropriate authorities, particularly for leases exceeding certain durations or value thresholds, and must address specific requirements under Philippine law regarding property rights, lease terms, and tenant protections.

What sections should be included in a Long Term Lease Agreement?

1. Parties: Identification and details of the Lessor and Lessee, including their legal capacity to contract

2. Background: Context of the lease arrangement and brief description of the property

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the leased premises, including exact location, boundaries, and area

5. Term and Renewal: Duration of the lease, commencement date, and renewal provisions

6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, advance rent, and escalation provisions

7. Utilities and Expenses: Allocation of responsibility for utilities, maintenance, and other operating expenses

8. Use of Premises: Permitted use of the property and any restrictions

9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements

10. Insurance and Liability: Required insurance coverage and allocation of risks

11. Default and Remedies: Events of default and corresponding remedies available to parties

12. Termination: Grounds for termination and the process thereof

13. Return of Premises: Conditions for returning the property at lease end

14. General Provisions: Standard clauses including governing law, notices, entire agreement, and amendment procedures

What sections are optional to include in a Long Term Lease Agreement?

1. Fit-out Works: Include when tenant will perform initial improvements or modifications

2. Assignment and Subletting: Include if subletting or assignment rights are to be granted

3. Force Majeure: Detailed force majeure provisions, particularly relevant post-COVID

4. Environmental Compliance: Include for industrial or commercial properties with environmental impact

5. Operating Hours: Include for commercial properties in business districts or malls

6. Common Areas: Include for properties in multi-tenant buildings or complexes

7. Signage Rights: Include for commercial properties where tenant branding is important

8. Option to Purchase: Include if lessor is offering future purchase rights

9. Break Clause: Include if early termination options are being provided

What schedules should be included in a Long Term Lease Agreement?

1. Property Plans: Detailed floor plans and technical drawings of the leased premises

2. Inventory List: List of fixtures, fittings, and equipment included in the lease

3. Rent Schedule: Detailed breakdown of rent payments and escalation schedule

4. House Rules: Building or property complex rules and regulations

5. Fit-out Guidelines: Technical specifications and requirements for tenant improvements

6. Handover Protocol: Checklist and procedures for property handover

7. Service Charge Schedule: Breakdown of service charges and building maintenance fees

8. Insurance Requirements: Detailed specifications of required insurance coverage

9. Environmental Standards: Environmental compliance requirements and standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Genie AI

Document Type

Rental Agreement

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Commercial Property

Industrial

Retail

Office Space

Manufacturing

Logistics

Hospitality

Healthcare

Education

Agriculture

Warehousing

Technology Parks

Shopping Centers

Residential Development

Relevant Teams

Legal

Real Estate

Facilities Management

Finance

Operations

Risk & Compliance

Procurement

Corporate Affairs

Business Development

Administration

Relevant Roles

Real Estate Manager

Property Manager

Facilities Director

Legal Counsel

Chief Financial Officer

Operations Manager

Business Development Manager

Asset Manager

Compliance Officer

Risk Manager

Contract Administrator

Corporate Secretary

Chief Executive Officer

Real Estate Director

Procurement Manager

Branch Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Vacation Rental Lease Agreement

A Philippine law-governed agreement establishing terms and conditions for temporary vacation rental properties, including rental terms, payments, and usage rules.

Download

Parking Lot Rental Agreement

A Philippine law-governed agreement for parking space rental that establishes terms, conditions, and obligations between parking facility owners/operators and tenants.

Download

Room Rental Agreement Form

A Philippine law-compliant agreement establishing terms and conditions for room rental, including rights and obligations of lessor and lessee under local rental regulations.

Download

Rent To Rent Agreement

A Philippine law-governed agreement enabling a middle landlord to rent and sub-let a property from the owner, establishing rights, responsibilities, and financial terms.

Download

Pet Agreement Form

A Philippine legal document establishing terms and conditions for pet ownership in rental properties, compliant with local animal welfare and property laws.

Download

Party Rental Contract

A Philippine law-governed contract for party equipment and services rental, establishing terms, conditions, and responsibilities between rental providers and clients.

Download

Condo Rental Agreement

A Philippine law-compliant agreement establishing terms and conditions for condominium unit rental, including rights and obligations of lessor and lessee.

Download

Tenancy Agreement Form

A Philippine law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

Download

Warehouse Lease Agreement

A Philippine law-governed agreement establishing terms and conditions for commercial warehouse leasing, including rental terms, operational requirements, and compliance obligations.

Download

Tenancy Agreement Contract

A Philippine law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

Download

Family Lease Agreement

A Philippine-law governed lease agreement specifically designed for property rental arrangements between family members, incorporating both standard lease provisions and family-specific considerations.

Download

Lot Rental Agreement

A Philippine law-governed agreement establishing terms and conditions for land rental between property owner and tenant.

Download

Lease For Residential Property

A Philippine law-compliant agreement establishing terms and conditions for residential property rental, governing landlord-tenant relationships.

Download

Fixed Term Lease Agreement

A Philippine-compliant Fixed Term Lease Agreement template establishing defined-period tenancy terms and conditions under Philippine law.

Download

2 Year Rental Lease Agreement

A two-year lease agreement compliant with Philippine law, establishing terms and conditions for property rental between lessor and lessee.

Download

Lease And Rental Agreement

A Philippine law-compliant agreement establishing terms and conditions for property lease or rental, detailing rights and obligations of lessors and lessees.

Download

Storage Contract

A Philippine law-governed agreement establishing terms and conditions for storage services between a provider and customer, compliant with local depositum regulations.

Download

Long Term Rental Agreement

A Philippine law-compliant agreement establishing terms and conditions for long-term property rental, detailing rights and obligations of lessor and lessee.

Download

Long Term Land Lease Agreement

A Philippine law-governed agreement establishing long-term land lease arrangements between landowner and tenant, typically spanning up to 50 years with potential renewal.

Download

Rent To Own Car Contract

A Philippine-compliant agreement enabling vehicle acquisition through combined rental and purchase arrangements, transitioning from lease to ownership upon fulfillment of specified terms.

Download

3 Month Tenancy Agreement

A 3-month tenancy agreement template compliant with Philippine property law and rental regulations.

Download

5 Year Lease Agreement

A notarized five-year lease agreement under Philippine law establishing terms and conditions between property owner and tenant.

Download

Contract For Rental Space

A Philippine law-compliant agreement establishing terms and conditions for rental space between lessor and lessee, suitable for both commercial and residential properties.

Download

10 Year Lease Agreement

A 10-year lease agreement under Philippine law establishing long-term property rental terms between lessor and lessee.

Download

Studio Rental Agreement

A Philippine law-compliant agreement establishing terms and conditions for studio rental, protecting both lessor and lessee interests.

Download

Long Term Tenancy Agreement

A Philippine law-governed agreement establishing long-term property rental terms between landlord and tenant, with comprehensive rights and obligations for both parties.

Download

Temporary Tenancy Agreement

A Philippine law-compliant agreement establishing temporary rental terms between landlord and tenant, defining rights, responsibilities, and conditions of the tenancy.

Download

Commercial Vehicle Rental Agreement

A Philippine law-governed agreement for commercial vehicle rental, establishing terms between lessor and business lessee for vehicle use, maintenance, and liability.

Download

Boat Rental Contract

A Philippine law-governed agreement establishing terms and conditions for vessel rental, including safety requirements and liability provisions under local maritime regulations.

Download

6 Month Lease Agreement

A six-month lease agreement template compliant with Philippine law, suitable for both residential and commercial property rentals.

Download

6 Month Tenancy Agreement

A six-month residential or commercial lease agreement template compliant with Philippine property laws and regulations.

Download

Long Term Lease Agreement

A Philippine law-governed agreement establishing long-term property rental terms between lessor and lessee, typically exceeding one year.

Download

Short Term Tenancy Agreement

A Philippine law-compliant Short Term Tenancy Agreement establishing terms and conditions for temporary property rental arrangements.

Download

Roommate Lease Agreement

A legal agreement governing shared living arrangements between roommates in the Philippines, compliant with Philippine rental laws and regulations.

Download

Parking Rental Agreement

A Philippine law-governed agreement establishing terms and conditions for parking space rental, including rights, obligations, and compliance requirements.

Download

Generic Lease Agreement

A standardized lease agreement template compliant with Philippine law, suitable for both residential and commercial property leasing arrangements.

Download

General Lease Agreement

A standardized lease agreement template compliant with Philippine law, governing the rental of real property between lessor and lessee.

Download

Apartment Lease Agreement

A Philippine law-governed agreement establishing terms and conditions for apartment rental, defining rights and obligations of landlord and tenant.

Download
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now