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The Weekly Rental Agreement is essential for property owners and tenants engaging in short-term rental arrangements in the Philippines. This document type is particularly relevant when traditional monthly or annual leases are not suitable, such as for temporary accommodations, student housing, or short-term business arrangements. The agreement must comply with Philippine rental laws, including the Rent Control Act and local government regulations, while protecting both parties' interests. It typically includes detailed provisions for weekly rent payments, security deposits, maintenance responsibilities, and termination procedures. The Weekly Rental Agreement is designed to provide clear terms and conditions while maintaining flexibility for short-term commitments, making it ideal for situations requiring regular renewal or review of rental terms.

1. Parties: Identifies and provides complete details of the Landlord and Tenant, including full names, addresses, and contact information

2. Background: Brief context of the rental arrangement and property letting purpose

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Property Details: Specific description and address of the rental property, including any included fixtures and fittings

5. Term and Renewal: Specifies the weekly rental period, start date, and conditions for renewal or extension

6. Rent and Payment Terms: Details of weekly rent amount, payment method, due dates, and late payment penalties

7. Security Deposit: Amount of security deposit, terms of holding, and conditions for return

8. Utilities and Bills: Responsibility for utility payments and other ongoing charges

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repair obligations

10. Use of Property: Permitted use of the property and any restrictions

11. Tenant Obligations: Key responsibilities and obligations of the tenant during the rental period

12. Landlord Obligations: Key responsibilities and obligations of the landlord during the rental period

13. Termination: Conditions and process for ending the agreement by either party

14. Governing Law: Specifies that the agreement is governed by Philippine law and relevant local regulations