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Residence Agreement

Residence Agreement Template for Philippines

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Key Requirements PROMPT example:

Residence Agreement

"I need a Residence Agreement for a fully furnished luxury condominium unit in Makati City, Philippines, starting March 1, 2025, with special provisions for building amenities access and a no-pets policy."

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Document background
The Residence Agreement serves as a legally binding contract between property owners and tenants in the Philippines, establishing the framework for residential property rentals. This document is essential when letting out any residential property, whether it's an apartment, house, or condominium unit. The agreement must comply with Philippine property laws, including the Civil Code of the Philippines and the Rent Control Act, while clearly defining the rights and obligations of all parties involved. It covers crucial aspects such as rental terms, security deposits, maintenance responsibilities, and termination conditions, providing legal protection for both landlords and tenants. The Residence Agreement should be carefully drafted to ensure all local legal requirements are met while remaining clear and comprehensive for all parties involved.
Suggested Sections

1. Parties: Identification of the landlord/lessor and tenant/lessee with complete details

2. Background: Context of the agreement and brief description of the property

3. Definitions: Key terms used throughout the agreement

4. Property Details: Comprehensive description of the property including address and specific unit details

5. Term of Agreement: Duration of the lease, start and end dates, and renewal provisions

6. Rent and Payment Terms: Monthly rent amount, payment schedule, and method of payment

7. Security Deposit: Amount, terms of holding, and conditions for return

8. Utilities and Bills: Responsibility for utility payments and connection charges

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance

10. Use of Property: Permitted use of the property and occupancy restrictions

11. Rules and Regulations: House rules and compliance with building/community regulations

12. Insurance: Required insurance coverage and responsibilities

13. Default and Remedies: Consequences of breach and available remedies

14. Termination: Grounds and process for termination of the agreement

15. Governing Law: Specification of Philippine law as governing law and jurisdiction

Optional Sections

1. Furniture and Fixtures: Detailed section for furnished properties listing all items provided

2. Pets: Section needed if pets are allowed, specifying conditions and additional deposits

3. Parking: Include if parking space is provided with the property

4. Swimming Pool/Amenities: Rules and conditions for use of additional facilities

5. Subletting: Terms for subletting if permitted

6. Property Manager: Include if a property manager is appointed to act on behalf of the landlord

7. Special Conditions for Foreigners: Additional requirements if tenant is a foreign national

8. Force Majeure: Provisions for extraordinary circumstances affecting the agreement

Suggested Schedules

1. Schedule A - Property Inventory: Detailed list of furniture, appliances, and fixtures if furnished

2. Schedule B - Property Condition Report: Detailed assessment of property condition at start of tenancy

3. Schedule C - House Rules: Comprehensive list of building or community rules and regulations

4. Schedule D - Utility Details: Account numbers and contact information for utility providers

5. Schedule E - Maintenance Schedule: Regular maintenance schedule and responsibilities

6. Appendix 1 - Photo Documentation: Photographs of property condition at commencement

7. Appendix 2 - Required Permits: Copies of relevant permits and certificates

8. Appendix 3 - Floor Plan: Detailed floor plan of the property

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Property
Premises
Term
Commencement Date
Expiry Date
Rent
Security Deposit
Common Areas
Building
Landlord
Tenant
Property Manager
Utilities
Fixtures and Fittings
Force Majeure
Business Day
Month
Notice
Occupants
Permitted Use
Rules and Regulations
Service Charge
Maintenance
Structural Repairs
Non-structural Repairs
Default
Interest Rate
Renewal Period
Basic Services
Additional Services
Building Management
Lease Year
Material Breach
Payment Date
Associated Facilities
Utility Charges
Registration Fees
Applicable Laws
Governing Law
Clauses
Parties and Property
Term and Renewal
Rent and Payment
Security Deposit
Utilities and Services
Use of Property
Occupancy
Maintenance and Repairs
Alterations and Improvements
Access and Inspection
Insurance
Assignment and Subletting
Quiet Enjoyment
Property Rules
Default and Remedies
Termination
Force Majeure
Notices
Indemnification
Governing Law
Dispute Resolution
Registration
Entire Agreement
Severability
Amendment
Health and Safety
Property Condition
Common Areas
Parking
Pets
Compliance with Laws
Abandonment
Return of Property
Relevant Industries

Real Estate

Property Management

Residential Housing

Property Development

Property Investment

Rental Services

Property Leasing

Accommodation Services

Relevant Teams

Legal

Property Management

Facilities Management

Real Estate Operations

Residential Leasing

Asset Management

Tenant Relations

Compliance

Contract Administration

Property Operations

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Property Administrator

Facilities Manager

Legal Counsel

Housing Coordinator

Tenant Relations Manager

Asset Manager

Real Estate Broker

Residential Leasing Officer

Property Operations Manager

Housing Officer

Compliance Officer

Industries
Civil Code of the Philippines (Republic Act No. 386): Primary law governing contracts, property rights, and obligations between parties in lease agreements
Rent Control Act of 2020 (Republic Act No. 11494): Regulates residential rent increases and provides protection for tenants in residential properties
National Building Code of the Philippines (Republic Act No. 6541): Sets standards for building safety, habitability, and maintenance requirements that landlords must comply with
Local Government Code (Republic Act No. 7160): Provides framework for local government regulations affecting residential properties and necessary permits
Fire Code of the Philippines (Republic Act No. 9514): Establishes fire safety requirements for residential buildings that must be maintained by property owners
Real Estate Service Act of 2009 (Republic Act No. 9646): Regulates real estate transactions and professional services related to property management
Anti-Red Tape Act (Republic Act No. 9485): Governs the processing of permits and documentation related to residential properties
Condominium Act (Republic Act No. 4726): Specific regulations for condominium units if the residence agreement involves a condominium property
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

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