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SPACE RENTAL AGREEMENT

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SPACE RENTAL AGREEMENT
I. The
Parties.
This
agreement
dated
on
the
____day
of
_________________, 20____ by and between__________________ with
mailing
address
of________________,
of
_____________________
(Hereinafter
known
as
the
in
the
“Lessor”)
City
and
_________________ with mailing address of _____________________ in
the City of________________, (Hereinafter known as the “Lessee”) for
a space located at:_____________________________________________.
II. Term. The term of this agreement shall begin on the ____ day of
_______________, 20____ and continue:
(Check One)
-until the _____ day of ___________________, 20___.
-on a month to month basis. Termination may be made by either
party with at least ____days’ written notice. All notices shall be sent
to the parties’ information in Section 1.
III. Rent. The rental payment shall be due on the ___ of every month in
the amount of ______________________________ pesos(₱___________).
Payment shall be delivered to the Lessor by the Lessee in the
following manner: ______________________________________.
IV. Subletting. The Lessee is not allowed to sublease (sublet) the space
without the direct written consent from the Lessor.
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