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Standard Lease Agreement For House Rental
"I need a Standard Lease Agreement For House Rental for my furnished three-bedroom property in Makati, Philippines, with a corporate tenant for a two-year fixed term starting March 1, 2025, including provisions for quarterly maintenance inspections and specific clauses about building amenities access."
1. Parties: Identification and details of the Landlord and Tenant, including complete names, addresses, and contact information
2. Background: Brief context of the lease arrangement and property ownership
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Complete description and address of the leased property, including its current condition
5. Term and Renewal: Duration of the lease, commencement date, and conditions for renewal
6. Rent and Security Deposit: Rental amount, payment terms, security deposit details, and utility responsibilities
7. Rights and Obligations of the Landlord: Landlord's responsibilities including maintenance, repairs, and property access rights
8. Rights and Obligations of the Tenant: Tenant's responsibilities including proper use of property, maintenance, and prohibited activities
9. Repairs and Maintenance: Specific provisions regarding property maintenance, repairs, and improvement procedures
10. Insurance and Liability: Requirements for insurance coverage and allocation of risks
11. Default and Remedies: Events of default and corresponding remedies available to either party
12. Termination: Conditions and procedures for early termination of the lease
13. Governing Law: Specification of Philippine law as governing law and jurisdiction
14. Notices: Process and requirements for serving notices between parties
15. Execution: Signature blocks and execution requirements
1. Subletting and Assignment: Include when subletting or assignment might be permitted under specific conditions
2. Pets: Include when pets are allowed, specifying conditions and additional deposits
3. Furniture and Appliances: Include when the property is being leased furnished
4. Property Management: Include when a property manager is involved in managing the lease
5. Common Areas: Include for properties within complexes or buildings with shared facilities
6. Parking: Include when parking spaces are part of the lease
7. Special Conditions: Include for any property-specific rules or requirements
8. Force Majeure: Include specific provisions for natural disasters or unexpected events
9. Anti-Money Laundering Compliance: Include for high-value rentals requiring AMLA compliance
1. Schedule 1 - Property Inventory: Detailed inventory of the property's fixtures, fittings, and condition
2. Schedule 2 - House Rules: Specific rules and regulations for the property
3. Schedule 3 - Utility Accounts: Details of utility accounts and responsibility for payments
4. Schedule 4 - Maintenance Schedule: Regular maintenance requirements and schedule
5. Schedule 5 - Photo Documentation: Photographs of the property condition at the start of lease
6. Appendix A - Required Permits: Copies of relevant permits and certificates
7. Appendix B - Insurance Certificates: Copies of required insurance policies
8. Appendix C - Payment Schedule: Detailed breakdown of all payments including rent, deposits, and other fees
Authors
Real Estate
Property Management
Residential Housing
Legal Services
Property Development
Financial Services
Insurance
Property Investment
Facilities Management
Legal
Real Estate
Property Management
Facilities Management
Compliance
Administrative
Operations
Asset Management
Contract Management
Risk Management
Property Manager
Real Estate Agent
Legal Counsel
Housing Administrator
Leasing Manager
Property Owner
Real Estate Broker
Facilities Manager
Compliance Officer
Real Estate Developer
Housing Coordinator
Tenant Relations Manager
Property Administrator
Legal Administrator
Asset Manager
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