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Indemnity Lease Agreement Template for Philippines

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Key Requirements PROMPT example:

Indemnity Lease Agreement

"I need an Indemnity Lease Agreement under Philippine law for a commercial warehouse space in Manila, with specific focus on environmental liability protection and hazardous materials handling, to commence from March 1, 2025."

Document background
The Indemnity Lease Agreement is a specialized legal instrument used in the Philippine real estate market when parties require additional protection beyond standard lease provisions. This document is particularly relevant in situations where significant property values are involved or where specific risks need to be allocated between parties. It incorporates all standard lease provisions required under Philippine law while adding comprehensive indemnification clauses to protect against various liabilities, including property damage, third-party claims, or regulatory compliance issues. The agreement is structured to comply with the Civil Code of the Philippines, the Rent Control Act, and other relevant property legislation, making it suitable for both commercial and residential properties. It's commonly used in high-value commercial leases, industrial property rentals, or situations where specific risk factors necessitate additional protective measures.
Suggested Sections

1. Parties: Identification and details of the Lessor and Lessee

2. Background: Context of the agreement and brief description of the property

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the leased premises and any included fixtures/fittings

5. Lease Term: Duration of the lease, commencement date, and renewal provisions

6. Rent and Payment Terms: Rental amount, payment schedule, and methods of payment

7. Security Deposit: Amount, terms, and conditions for the security deposit

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

9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements

10. Indemnification: Core indemnity provisions, scope of indemnification, and procedures

11. Insurance: Required insurance coverage and obligations

12. Default and Remedies: Events of default and available remedies for both parties

13. Termination: Conditions and procedures for termination of the agreement

14. Governing Law: Specification of Philippine law as governing law and jurisdiction

15. Execution: Signature blocks and execution requirements

Optional Sections

1. Utilities and Services: Details of utility responsibilities when utilities are not included in rent

2. Subletting and Assignment: Include when subletting or assignment might be permitted under specific conditions

3. Alterations and Improvements: Include when significant modifications to the property are anticipated

4. Environmental Compliance: Include for properties where environmental regulations are significant concerns

5. Force Majeure: Include specific force majeure provisions beyond standard terms

6. Property Access: Include detailed access provisions for multi-unit or commercial properties

7. Common Areas: Include for properties with shared facilities or common areas

8. Security Measures: Include for high-security properties or those requiring specific security arrangements

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property including floor plans and boundaries

2. Schedule B - Inventory: List of fixtures, fittings, and equipment included in the lease

3. Schedule C - Rent Schedule: Detailed breakdown of rent payments and escalation terms

4. Schedule D - Maintenance Schedule: Specific maintenance obligations and schedules for both parties

5. Schedule E - Insurance Requirements: Detailed insurance requirements and minimum coverage amounts

6. Schedule F - House Rules: Property-specific rules and regulations

7. Appendix 1 - Form of Condition Report: Template for documenting property condition at start and end of lease

8. Appendix 2 - Indemnification Procedures: Detailed procedures for making and handling indemnification claims

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses



































Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Industrial

Office Space

Hospitality

Manufacturing

Warehousing

Professional Services

Healthcare

Education

Relevant Teams

Legal

Real Estate

Risk Management

Operations

Finance

Compliance

Facilities Management

Corporate Services

Administration

Property Management

Relevant Roles

Real Estate Manager

Property Manager

Legal Counsel

Corporate Lawyer

Risk Manager

Facilities Manager

Operations Director

Chief Financial Officer

Compliance Officer

Asset Manager

Real Estate Broker

Contract Administrator

Property Administrator

Business Development Manager

Corporate Real Estate Manager

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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