UNIT 202 RENTAL AGREEMENT
Background
A. This is an agreement (‘The Agreement’) for a Long-Term Lease according to the terms set
out below.
B. The Landlords, the Tenants and the Premises are as set out in Schedule 1 of this
Agreement.
C. Collectively, the Landlords and Tenants will be referred to as ‘The Parties’.
IN CONSIDERATION OF the Landlords letting and the Tenants renting the Premises, both parties
agree to keep, perform and fulfil the following promises, conditions and agreements:
Period and Terms
1. The Total Number of People in Renting Party is set out in Schedule 1.
2. The Renting Party is set out in Schedule 1.
3. The Rental Period begins at the Move In Date specified in Schedule 1. It will end at the Move
Out Date specified in Schedule 1. Upon its expiration, this agreement may be renewed under
such terms and conditions as may be mutually agreed upon by both parties.
Rental Amount
4. The Monthly Rental Amount for the period is set out in Schedule 1.
5. The Reservation Fee is also set out in Schedule 1.
Fees and Deposit
6. The Tenants undertakes to pay, to the Landlords, the required fees, and deposit as set out in
Schedule 1 by the Date of Agreement unless otherwise agreed with the Landlords.
Default Payment
7. The Tenants shall be given a grace period of seven (7) days, after the Monthly Payment Date,
as set out in Schedule 1, to fulfill the Monthly Rental Amount to the Landlords.
Termination
8. The Landlords have the right to inspect the premises with prior notice. Should the Tenants
violate any of the terms of this agreement, the rental period shall be terminated immediately.
The Tenants waive all rights to process if they fail to vacate the premises upon termination of
the rental period. The Tenants shall vacate the premises at the Move Out Date.
Public Utilities
9. Electric and Water Bills, excluding Association Bills, shall be billed to the Tenants and must
be paid on Admin Office at 2nd floor on/before the due date. Electric and Water Bills on the
month of the Move Out Date, as set out in Schedule 1, shall be deducted from the Tenant’s
Security Deposit.
Maintenance and Repairs
10. The Tenants shall maintain the premises in a good, clean, and ready to rent condition, and
use the premises only in a careful and lawful manner. The Tenants shall vacate the premises
in a ready to rent condition at the expiration of the rental agreement, defined by the Landlords
as being immediately habitable by the next tenants. Tenants shall pay for maintenance and
repairs should the premises be left in a lesser condition. The Tenants agree that the Landlords
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shall deduct costs of said services from the security deposit prior to refund if Tenants cause
damage to the premises or its furnishings.
Trash
11. The Tenants shall dispose of all waste material generated during the rental period that the
Landlords shall reasonably instruct them to in line with the Condominium Rules and Policies.
Pets
12. The Tenants will bring no animals or pets of any kind onto the Premises without the
permission of the Landlords.
Subletting
13. The Tenants will not sublet the Premises without the express written permission of the
Landlords.
14. The Landlords will be treated as giving express written permission, for the purposes of Clause
13 of this Agreement.
Quiet Enjoyment
15. The Tenants shall behave in a civilized manner and shall be good neighbours respecting the
rights of the surrounding property owners. The Tenants shall not create noise or disturbances
likely to disturb or annoy the surrounding property owners.
Rental Security Deposit
16. The Tenants shall deposit to the Landlords upon signing of this agreement an amount
equivalent to the rent for one (1) month, as set out in Schedule 1. The Landlords shall refund
the security deposit after deducting the Public Utilities stated in Clause 9, and the
Maintenance and Repairs stated in Clause 10, if any.
Attorney’s Fees
17. Tenants agree to pay all reasonable costs, attorney's fees and expenses that shall be made or
incurred by Landlords enforcing this agreement.
Use of Property
18. Tenants expressly acknowledge and agree that this Agreement is for residential purposes only
and shall not be diverted to other uses.
Illegal Use
19. Tenants shall use the property for legal purposes only and other use, such as but not limited
to, illegal drug use, abuse of any person, harbouring fugitives, etc. shall cause termination of
this agreement with no refund of rents or deposits.
Possessions
20. Valuable items left behind by Tenants will be held for the tenant and every reasonable effort
will be made to contact the tenant for return. If items are not claimed for longer than 6 months,
they shall become the property of the Landlords. The Landlords shall not be held liable for
condition of said items.
Landlord Contact Details
21. The Landlords’ contact details are set out in Schedule 1.
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Condominium Rules and Policies
22. The Tenants undertake to comply with the Condominium Rules and Policies.
Governing Law
23. The Tenants accept any legal action arising out of this agreement in case of failure and
disregarding their obligations.
Schedule 1
Date of Agreement
June 7, 2023
Landlords’ Name
Michelle R. Paciente; Charlene Ann D. Sacdalan
Landlords’ Address
21 Emma St., Brgy. 57, Zone 8 Pasay City 1300
Landlords’ Phone Number
(0976)-351-9645; (0976)-308-7044
1.
2.
Tenants’ Name
3.
4.
5.
6.
1.
2.
Tenants’ Address
3.
4.
5.
6.
1.
2.
Tenants’ Phone Number
3.
4.
5.
6.
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Premises Address
Unit 202 Isabelle De Hidalgo Condominium Assosiation Inc. R.
Hidalgo St., Brgy. 393, Zone 040 Quiapo, Manila 1001
Total Size of Renting Party
6 Adults
Move In Date
June 27, 2023
Move Out Date
November 28, 2023
Monthly Rental Amount
Php 18,000.00
Monthly Payment Date
27th of the month
Reservation Fee
One month security deposit
IN WITNESS WHEREOF, the parties have hereunto set their hands, this _____ day of _____, 20__
at ___________________, Philippines.
Charlene Ann D. Sacdalan
_______________________________________ _______________________________________
Landlord
Tenant
SIGNED IN THE PRESENCE OF:
Michelle R. Paciente
_______________________________________ _______________________________________
Witness
Witness
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