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The Month To Month Sublease Agreement is essential in situations where flexibility in rental arrangements is desired under Philippine law. This document is commonly used when the original tenant needs to temporarily sublease their rented property or when parties prefer a more flexible arrangement than a fixed-term lease. It provides a structured framework for short-term subleasing while ensuring compliance with Philippine property laws, including the Civil Code and Rent Control Act. The agreement includes crucial provisions for rent payment, security deposits, maintenance responsibilities, and termination procedures, while acknowledging the rights and obligations of all parties involved. It's particularly relevant in urban areas where rental properties are subject to specific local regulations and in situations where either party may need to terminate the arrangement with minimal notice.

1. Parties: Identification of the sublessor (original tenant) and sublessee, including complete legal names and contact information

2. Background: Context of the sublease arrangement, including reference to the master lease and confirmation of the sublessor's right to sublease

3. Definitions: Key terms used throughout the agreement, including 'Premises', 'Term', 'Master Lease', etc.

4. Premises: Detailed description of the property being subleased, including any specific areas excluded or included

5. Term and Termination: Duration of the sublease, renewal terms, and conditions for termination by either party

6. Rent and Payment Terms: Monthly rent amount, due date, acceptable payment methods, and late payment penalties

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

8. Utilities and Services: Responsibility for utilities, services, and related payments

9. Use of Premises: Permitted uses of the property and any restrictions

10. Maintenance and Repairs: Responsibilities of each party regarding property maintenance and repairs

11. Master Lease Compliance: Sublessee's obligation to comply with master lease terms

12. Access and Inspection: Sublessor's and landlord's rights to access the premises

13. Insurance: Required insurance coverage and responsibilities

14. Assignment and Further Subletting: Prohibition or conditions for further subletting or assignment

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

16. Signatures: Execution block for all parties