Termination Of Lease Contract Template for Philippines

1. Inspection Procedure: Detailed process for property inspection, used when there are specific condition requirements or potential disputes about property condition

2. Renovation Restoration: Requirements for restoring any modifications made to the property, included when substantial alterations were made during the lease

3. Assignment of Rights: Provisions dealing with any third-party rights or sublease arrangements, included when there are existing subleases or assignments

4. Utility Transfer: Procedures for transferring or terminating utility services, included for properties with complex utility arrangements

5. Keys and Access Devices: Specific provisions about returning all keys and access devices, included for properties with security systems or multiple access points

6. Forwarding Address: Requirements for providing forwarding address for future correspondence, included when needed for tax purposes or future communications

1. Schedule A - Property Inventory: Detailed list of property fixtures and current condition

2. Schedule B - Outstanding Payments: Itemized list of any remaining financial obligations

3. Schedule C - Security Deposit Calculation: Breakdown of security deposit deductions and final return amount

4. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement being terminated

5. Appendix 2 - Property Inspection Report: Final inspection report documenting the condition of the property

6. Appendix 3 - Utility Reading Records: Final utility meter readings and outstanding bills