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Tenancy Agreement Contract
"I need a Tenancy Agreement Contract for a 2-bedroom condominium unit in Makati City, Philippines, with a monthly rent of 45,000 PHP, starting from January 1, 2025, with provisions for pet ownership and an option to renew after one year."
1. Parties: Identifies and provides full details of the Landlord/Lessor and Tenant/Lessee, including complete names, addresses, and contact information
2. Background: Brief context of the agreement and property rental arrangement
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Property Details: Complete description of the rental property, including exact address and specific inclusions/exclusions
5. Term of Lease: Specifies the duration of the lease, start date, end date, and any renewal provisions
6. Rent and Payment Terms: Details of rental amount, payment schedule, security deposit, advance rent, and payment methods
7. Utilities and Bills: Allocation of responsibility for utility payments, including electricity, water, internet, and other services
8. Use of Property: Permitted uses of the property and any restrictions on its use
9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance, repairs, and improvements
10. Rights and Obligations of the Landlord: Detailed listing of the landlord's responsibilities and rights under the agreement
11. Rights and Obligations of the Tenant: Detailed listing of the tenant's responsibilities and rights under the agreement
12. Insurance: Requirements for property insurance and contents insurance
13. Default and Remedies: Consequences of breach of contract and available remedies for both parties
14. Termination: Conditions and procedures for early termination of the lease
15. Governing Law: Specification that the agreement is governed by Philippine law
16. Signatures: Execution clause and space for signatures of all parties
1. Subletting: Include when subletting might be permitted under specific conditions
2. Pets: Include when pets are allowed or specifically prohibited in the property
3. Alterations and Improvements: Include when specific provisions are needed regarding property modifications
4. Common Areas: Include for properties in condominiums or shared buildings
5. Parking: Include when parking spaces are part of the lease
6. Force Majeure: Include specific provisions for unforeseen circumstances like natural disasters
7. Property Management: Include when a property manager is involved besides the landlord
8. Special Conditions: Include for any unique requirements or circumstances specific to the property or parties
1. Schedule 1 - Property Inventory: Detailed list of furniture, appliances, and fixtures included in the lease
2. Schedule 2 - Property Condition Report: Detailed description of the property's condition at the start of the lease
3. Schedule 3 - House Rules: Specific rules and regulations for the property, especially important for multi-unit buildings
4. Schedule 4 - Utility Readings: Initial meter readings for utilities at the start of the tenancy
5. Schedule 5 - Maintenance Schedule: Schedule of regular maintenance activities and responsibilities
6. Appendix A - Photo Documentation: Photographs of the property condition at the start of the lease
7. Appendix B - Required Permits: Copies of relevant permits and certificates required by local authorities
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Legal Services
Property Development
Hospitality
Retail
Office Space Management
Student Housing
Senior Living
Industrial Property
Legal
Real Estate
Property Management
Facilities Management
Operations
Compliance
Administrative Services
Asset Management
Contract Management
Tenant Relations
Risk Management
Property Manager
Real Estate Agent
Leasing Manager
Legal Counsel
Property Administrator
Facilities Manager
Real Estate Director
Tenant Relations Manager
Asset Manager
Compliance Officer
Real Estate Operations Manager
Contract Administrator
Property Services Coordinator
Building Manager
Real Estate Portfolio Manager
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