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Apartment Lease Agreement
"I need an Apartment Lease Agreement for a fully furnished 2-bedroom condo unit in Makati City, Philippines, with a one-year term starting March 1, 2025, that includes provisions for pet ownership and designated parking space."
1. Parties: Identifies and provides complete details of the Lessor (landlord) and Lessee (tenant), including their legal names, addresses, and contact information
2. Background: Brief context about the property and the parties' intention to enter into a lease agreement
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Property Details: Detailed description of the leased premises, including exact address, unit number, and total floor area
5. Term of Lease: Specifies the duration of the lease, start date, end date, and any renewal options
6. Rent and Payment Terms: Details the monthly rent amount, due date, acceptable payment methods, and late payment penalties in accordance with Philippine law
7. Security Deposit and Advance Rent: Specifies the amount of security deposit and advance rent, conditions for their use and return
8. Utilities and Bills: Outlines responsibility for utility connections and payments
9. Use of Property: Specifies permitted use of the property and any restrictions
10. Maintenance and Repairs: Defines responsibilities for maintenance, repairs, and improvements
11. Rights and Obligations of the Lessor: Lists all landlord responsibilities and rights under Philippine law
12. Rights and Obligations of the Lessee: Lists all tenant responsibilities and rights under Philippine law
13. Prohibition on Subleasing: States whether subleasing is allowed and under what conditions
14. Default and Remedies: Describes events of default and available legal remedies
15. Termination: Conditions and process for early termination by either party
16. Governing Law: Confirms Philippine law as governing law and specifies jurisdiction
17. Execution: Signature blocks and notarization requirements
1. Pets: Include when pets are allowed, specifying conditions and additional deposits
2. Parking: Include when parking space is part of the lease
3. Building Rules and Regulations: Include for properties within managed buildings or complexes
4. Insurance Requirements: Include when specific insurance coverage is required from either party
5. Force Majeure: Include detailed provisions for unforeseen circumstances, particularly relevant post-COVID
6. Common Area Usage: Include for properties with shared facilities
7. Renovation and Alterations: Include when specific renovation rights or restrictions need to be detailed
8. Guest Policy: Include when there are specific restrictions on overnight guests or visiting hours
1. Schedule A - Property Inventory: Detailed list of furniture, appliances, and fixtures included in the lease
2. Schedule B - Property Condition Report: Documented condition of the property at the start of the lease
3. Schedule C - House Rules: Specific rules and regulations of the building or complex
4. Schedule D - Utility Readings: Initial meter readings for electricity, water, and other utilities
5. Schedule E - Maintenance Schedule: Regular maintenance schedule for equipment or facilities if applicable
6. Schedule F - Parking Assignment: Details of parking space assignment if included
7. Appendix 1 - Photos: Photographic evidence of property condition at the start of lease
8. Appendix 2 - Required Permits: Copies of relevant permits and certificates required by local authorities
Authors
Real Estate
Property Management
Residential Housing
Property Development
Legal Services
Property Investment
Housing and Development
Urban Planning
Construction
Property Insurance
Legal
Real Estate
Property Management
Operations
Compliance
Facilities
Asset Management
Contract Administration
Customer Relations
Risk Management
Property Manager
Real Estate Agent
Legal Counsel
Property Administrator
Leasing Manager
Real Estate Broker
Housing Officer
Compliance Officer
Facilities Manager
Real Estate Investment Manager
Property Operations Manager
Tenant Relations Officer
Contract Administrator
Real Estate Paralegal
Asset Manager
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