Space Rental Agreement Template for Philippines

1. Parties: Identifies and provides complete details of the Lessor and Lessee, including their legal names, addresses, and contact information

2. Background: Establishes the context of the agreement and the parties' intent to enter into a lease arrangement

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Premises Description: Detailed description of the rental space, including its exact location, measurements, and included facilities

5. Term and Commencement: Specifies the duration of the lease and its start date

6. Rent and Payment Terms: Details the rental amount, payment schedule, and acceptable payment methods

7. Security Deposit: Specifies the amount, terms of holding, and conditions for return of the security deposit

8. Utilities and Services: Outlines responsibilities for utility connections, payments, and included services

9. Use of Premises: Specifies permitted uses of the space and any restrictions

10. Maintenance and Repairs: Defines responsibilities for maintenance, repairs, and improvements

11. Insurance and Liability: Outlines insurance requirements and allocation of risks

12. Default and Remedies: Describes events of default and available remedies for both parties

13. Termination: Specifies conditions and procedures for early termination

14. Governing Law: Establishes Philippine law as governing law and jurisdiction

15. General Provisions: Standard contractual provisions including notices, amendments, and severability

1. Schedule A - Floor Plan: Detailed floor plan of the leased premises

2. Schedule B - Inventory List: List of fixtures, furniture, or equipment included in the lease

3. Schedule C - House Rules: Building or property rules and regulations

4. Schedule D - Fit-out Guidelines: Technical specifications and requirements for space modifications

5. Schedule E - Service Charges: Breakdown of additional charges and maintenance fees

6. Schedule F - Handover Form: Condition report of the premises at handover

7. Schedule G - Utility Meters: Initial meter readings and meter numbers for utilities

8. Appendix 1 - Required Permits: List of necessary permits and licenses for space occupation

9. Appendix 2 - Insurance Requirements: Detailed insurance specifications and coverage requirements