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Office Rental Agreement Template for Philippines

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Key Requirements PROMPT example:

Office Rental Agreement

"I need an Office Rental Agreement for a 500-square-meter office space in Makati City, Philippines, with a 5-year term starting March 1, 2025, including provisions for IT infrastructure and 24/7 access."

Document background
The Office Rental Agreement serves as a crucial legal instrument for businesses seeking to lease commercial office space in the Philippines. This document is essential when a business entity (lessee) wishes to rent office premises from a property owner or management company (lessor), establishing their contractual relationship under Philippine law. The agreement must comply with the Civil Code of the Philippines, the Rent Control Act, and local government regulations. It typically includes detailed provisions on rent, term, maintenance, utilities, insurance requirements, and other operational aspects specific to commercial office use. The Office Rental Agreement is particularly important in Philippine business districts where commercial real estate transactions require clear documentation of rights, obligations, and liabilities of all parties involved.
Suggested Sections

1. Parties: Identification of the Lessor and Lessee with complete legal names and addresses

2. Background: Context of the agreement including brief description of the property and parties' intentions

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

4. Premises: Detailed description of the office space being leased, including floor area and location

5. Term: Duration of the lease, commencement date, and expiration date

6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and advance rent requirements

7. Common Area Maintenance and Utilities: Responsibilities for maintenance fees, utilities, and other operating expenses

8. Use of Premises: Permitted use of the office space and any restrictions

9. Maintenance and Repairs: Responsibilities of both parties regarding maintenance, repairs, and improvements

10. Insurance and Liability: Required insurance coverage and liability provisions

11. Default and Remedies: Events of default and corresponding remedies available to either party

12. Termination: Conditions and procedures for early termination or non-renewal

13. General Provisions: Standard clauses including governing law, notices, and entire agreement

14. Execution: Signature blocks and notary requirements

Optional Sections

1. Fit-out Period: Terms for initial renovation period, used when premises are delivered bare or require substantial modification

2. Parking: Parking space allocation and terms, included when parking spaces are part of the lease

3. Signage Rights: Terms for external and internal signage, relevant for prominent office locations or multi-tenant buildings

4. Right of First Refusal: Lessee's priority rights for adjacent spaces or renewal, included for growing businesses

5. Force Majeure: Provisions for extraordinary events affecting lease obligations, particularly relevant post-COVID

6. Subletting and Assignment: Terms for transferring or sharing the space, included when flexibility might be needed

7. Building Rules and Regulations: Reference to specific building rules, needed for multi-tenant buildings

Suggested Schedules

1. Schedule A - Floor Plan: Detailed floor plan of the leased premises including measurements

2. Schedule B - Inventory of Fixtures: List of fixtures and furnishings included in the lease

3. Schedule C - Fit-out Guidelines: Technical specifications and requirements for office modifications

4. Schedule D - Building Rules: Complete set of building rules and regulations

5. Schedule E - Service Charges: Breakdown of common area maintenance charges and other fees

6. Schedule F - Handover Form: Condition report template for property handover

7. Appendix 1 - Special Conditions: Any unique terms or conditions specific to this lease

8. Appendix 2 - Required Insurance: Detailed insurance requirements and coverage limits

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

Commercial Real Estate

Business Services

Property Management

Corporate Services

Professional Services

Financial Services

Technology

Retail

Healthcare

Legal Services

Consulting

Relevant Teams

Legal

Finance

Operations

Facilities Management

Administration

Corporate Services

Procurement

Risk Management

Compliance

Real Estate

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Facilities Manager

Real Estate Manager

Property Manager

Operations Director

Office Administrator

Legal Counsel

Business Development Manager

Finance Director

Corporate Services Manager

Procurement Manager

Risk Manager

Compliance Officer

Administrative 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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