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Short Term Lease Addendum for Philippines

Short Term Lease Addendum Template for Philippines

A Short Term Lease Addendum is a legal document used in the Philippines to modify or supplement an existing lease agreement for a short-term period. Operating under Philippine property law and governed by the Civil Code of the Philippines and the Rent Control Act, this document allows parties to make specific changes to their original lease agreement while maintaining the validity of unmodified terms. It typically addresses modifications such as lease duration, rental rates, occupancy terms, or property use conditions, ensuring compliance with local regulations while providing flexibility to adapt to changing circumstances.

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What is a Short Term Lease Addendum?

The Short Term Lease Addendum serves as a crucial legal instrument in the Philippine real estate sector, designed to modify existing lease agreements without the need for completely new contracts. This document type is particularly valuable when parties need to make temporary or specific changes to their lease terms, such as extending the lease period, adjusting rental rates, or modifying usage conditions. It must comply with Philippine property laws, including the Civil Code of the Philippines and the Rent Control Act of 2022, while ensuring all modifications are clearly documented and legally enforceable. The addendum is commonly used in both residential and commercial contexts, providing a streamlined approach to lease modifications while maintaining legal protection for all parties involved.

What sections should be included in a Short Term Lease Addendum?

1. Parties: Identification of the lessor and lessee, matching the parties in the original lease agreement

2. Background: Reference to the original lease agreement including its date and key details, and brief context for the addendum

3. Definitions: Key terms used in the addendum, including reference to definitions from the original lease that remain applicable

4. Term Modification: Specific changes to the lease duration, including new start and end dates if applicable

5. Amendments to Original Terms: Clear articulation of which specific provisions of the original lease are being modified

6. Continuing Validity: Statement confirming that all other terms of the original lease remain in full force and effect

7. Governing Law: Confirmation that the addendum is governed by Philippine law and specific local regulations

8. Execution: Signature block for all parties, including date and witness provisions as required by Philippine law

What sections are optional to include in a Short Term Lease Addendum?

1. Rental Rate Adjustment: Include when the addendum modifies the rental amount or payment terms

2. Additional Occupants: Include when adding or removing authorized occupants from the original lease

3. Property Modifications: Include when allowing or restricting specific modifications to the property

4. Additional Services: Include when adding or removing services provided by the lessor

5. Security Deposit Changes: Include when modifying security deposit terms or amounts

6. Special Conditions: Include when adding specific conditions not covered in the original lease

7. Insurance Requirements: Include when modifying insurance obligations of either party

What schedules should be included in a Short Term Lease Addendum?

1. Schedule A - Modified Payment Terms: Detailed breakdown of any changes to rent, fees, or payment schedules

2. Schedule B - Property Modification Details: Specifications of any approved changes to the property

3. Schedule C - Updated Property Inventory: List of any additions or removals from the property inventory

4. Appendix 1 - Consent Forms: Required consent forms from relevant parties (e.g., building management, mortgage holder)

5. Appendix 2 - Supporting Documentation: Any relevant permits, certificates, or other documents supporting the modifications

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

Jurisdiction

Philippines

Cost

Free to use
Relevant legal definitions

























Clauses






















Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Office Space

Industrial

Hospitality

Mixed-Use Development

Student Housing

Senior Living

Relevant Teams

Legal

Real Estate

Property Management

Operations

Facilities

Asset Management

Compliance

Administrative

Contract Management

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Leasing Agent

Property Administrator

Facilities Manager

Legal Counsel

Contracts Administrator

Asset Manager

Real Estate Director

Operations Manager

Compliance Officer

Property Coordinator

Tenant Relations Manager

Real Estate Paralegal

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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