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Multiple Tenant Lease Agreement Template for Philippines

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Key Requirements PROMPT example:

Multiple Tenant Lease Agreement

"I need a Multiple Tenant Lease Agreement for a three-story commercial building in Makati City, Philippines, which will house retail stores on the ground floor and office spaces on upper floors, with the lease term starting March 1, 2025."

Document background
The Multiple Tenant Lease Agreement is essential for property owners and managers in the Philippines who lease space to multiple occupants within a single property. This document is commonly used in commercial buildings, residential complexes, shopping centers, and mixed-use developments where multiple tenants share common facilities and services. It carefully balances the interests of all parties while ensuring compliance with Philippine property laws, including the Civil Code, Rent Control Act, and local government regulations. The agreement covers crucial aspects such as individual unit specifications, common area maintenance, service charge allocations, and building rules, making it an indispensable tool for managing multi-tenant properties effectively. It's particularly important in urban areas where multi-tenant properties are increasingly common and require clear legal frameworks for operation.
Suggested Sections

1. Parties: Identification of the Lessor/Landlord and all Tenants, including their legal capacities and contact details

2. Background: Context of the agreement, description of the property, and general purpose of the lease arrangement

3. Definitions: Detailed definitions of terms used throughout the agreement, including 'Common Areas', 'Individual Units', 'Service Charges', etc.

4. Demise and Term: Specification of the lease term, commencement date, and description of individual units allocated to each tenant

5. Rent and Other Charges: Rental amounts, payment terms, security deposits, and other financial obligations including common area maintenance fees

6. Common Areas and Facilities: Rights and obligations regarding shared spaces, facilities, and amenities

7. Utilities and Services: Arrangements for utility connections, payments, and service provisions

8. Maintenance and Repairs: Responsibilities for maintenance of individual units and common areas

9. Use of Premises: Permitted uses of the property, restrictions, and compliance requirements

10. Insurance and Liability: Insurance requirements and allocation of risks between parties

11. Default and Remedies: Events of default, consequences, and available remedies

12. Termination: Grounds for termination, notice requirements, and consequences of termination

13. General Provisions: Standard clauses including governing law, notices, amendments, and dispute resolution

Optional Sections

1. Property Management: Include when there's a separate property management company or specific management structure for the building

2. Security and Access Control: Include for properties with specific security systems or access protocols

3. Fit-out Works: Include for commercial properties where tenants may need to perform initial fit-out works

4. Environmental Obligations: Include for properties with specific environmental compliance requirements or green building standards

5. Parking Arrangements: Include when the property includes parking facilities that need specific allocation and rules

6. Operating Hours: Include for commercial properties with specific operating hour restrictions

7. Subletting and Assignment: Include when subletting or assignment rights are to be granted to tenants

8. Marketing and Signage: Include for commercial properties where tenants may need to display signs or conduct marketing activities

Suggested Schedules

1. Schedule 1 - Property Floor Plans: Detailed floor plans showing individual units and common areas

2. Schedule 2 - Individual Unit Specifications: Specific details and conditions of each leased unit

3. Schedule 3 - Rent Schedule: Detailed breakdown of rent for each unit and payment schedules

4. Schedule 4 - House Rules: Detailed rules and regulations for the use of the property

5. Schedule 5 - Service Charge Allocation: Breakdown of service charges and allocation method among tenants

6. Schedule 6 - Maintenance Responsibilities Matrix: Detailed allocation of maintenance responsibilities between landlord and tenants

7. Schedule 7 - Fit-out Guidelines: Technical specifications and guidelines for any permitted fit-out works

8. Appendix A - Form of Rent Receipt: Standard format for rent receipts as required by Philippine law

9. Appendix B - Handover Form: Standard format for unit handover documentation

Authors

Alex Denne

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

Relevant legal definitions



















































Clauses









































Relevant Industries

Real Estate

Commercial Property Management

Residential Property Management

Retail

Office Space Management

Mixed-Use Development

Shopping Centers

Industrial Parks

Student Housing

Co-working Spaces

Relevant Teams

Legal

Real Estate

Property Management

Operations

Facilities Management

Asset Management

Compliance

Finance

Maintenance

Security

Tenant Relations

Administration

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Legal Counsel

Building Administrator

Asset Manager

Leasing Manager

Operations Manager

Property Development Manager

Real Estate Director

Compliance Officer

Tenant Relations Manager

Building Maintenance Supervisor

Real Estate Investment 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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