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AGREEMENT FOR LEASE UPON EXPIRATION OF EXISTING LEASE WITH
ANOTHER, CONDITIONED UPON NEW LESSEE'S REPAIR OF PREMISES
This agreement made this ___th day of_____________, 20____,
between
_______________________, of legal age, Filipino, single (or,
married to__________________________________________________),
residing at______________________________________ with post-office
address at_____________________________________, hereinafter called
the Lessor, and_________________________________, likewise of legal
age, Filipino, single (or marriedto__________________________), a
resident of______________________with postaladdress
at__________________________hereinafter called the Lessee,
witnesseth:
Whereas, the Lessor is the owner of the premises hereinafter
described, subject toan existing contract of lease dated the ___th
day of____________, 20____, and made
between the Lessor and____________________________whereby said
premises wereleased and demised for a term of_______________(___)
years, which will expire on the___th day of_____________, 20_____,
and whereas, the herein Lessee is desirous oftaking a lease of said
premises from the expiration of said term of the existing
lease,which Lessor is willing to grant upon the condition of the
Lessee making such alterationsand repairs in the premises as are
hereinafter specified.
Now, it is hereby agreed as follows:
1. The Lessor shall grant and the Lessee shall accept a lease of
(urban or ruraltenement or chattel) situated
at___________________________________________and
described as follows: (description), for the term
of_________________from the_____thday of_______________, 20____,
date when the existing lease shall terminate, at the_______________
rent of __________________________ Pesos (Php________),payable by
equal _________________ payments within the first days of each
______________________, the first payment to be made on the
___th day of__________, 20____.
2. The Lessee shall within_______days after the said____th day
of__________,20___, make the alterations and repairs specified in
the schedule hereto annexed andsigned by herein parties. The Lessee
shall effect such repairs and alterations to thesatisfaction
of____________________architect of the Lessor, and pay his fees in
thepremises, not exceeding_____________________Pesos
(Php_________). The Lessseeshall be entitled to enter upon the
premises on the day following the expiration of the saidexisting
term therein but the granting of the lease herein provided for is
conditional uponthe due making of said alterations and repairs,
time being of the essence of the contract;and in the event that the
same shall not be made within the period hereinbefore limited,the
Lessor shall be entitled to re-enter upon the premises, and
thereupon all the interest ofthe Lessee therein under this
agreement shall terminate, and the Lessor may forthwithrecover
possession of the premises by legal process.
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3. It is mutually agreed and understood by and between the
parties herein that theLessor does not guarantee that the present
tenant of the premises subject of thisagreement shall peacebly
vacate said premises on said ____th day of___________,20_____.
Failure for this reason of the Lessor to deliver unto said Lessee
on said date the
aforementioned premises shall not render said Lessor liable for
any damage, nor for suchreason shall this agreement be avoid or
voidable, but in this event the Lessee shall not beliable for rent
until such time as the Lessor can deliver possession and the term
of this rentshall be corresponding extended.
4. It is further agreed that the Lessee shall have said premises
free of any rent untilthe present tenant shall vacate said
premises, at which time the term of the leasementioned and provided
in this agreement shall commence.
5. It is also agreed that the Lessee shall assume all
responsibility of eviction, ofnecessary, of the present tenant of
said premises, but the Lessor to serve as witness
should his testimony be required.
6. The lease contract shall be in the form hereto attached and
signed by theparties.
7. The Lessor shall cause said lease contract to be prepared
in___________________________, and it shall be so executed by the
Lessor and theLessee respectively when so required by either party
after the completion of thealterations and repairs hereinbefore
specified. The expenses for the execution of saidinstrument shall
be defrayed by the_____________________.
In witness whereof, the parties hereto have subscribed their
names this ___th dayof______________, 20____, at________________,
Philippines.
_________________________________
__________________________Lessor Lessee
SIGNED IN THE PRESENCE OF:
____________________________
____________________________
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A C K N O W L E D G E M E N T
REPUBLIC OF THE PHILIPPINES )PROVINCE OF__________________)
S.S.
MUNICIPALITY OF_______________)
BEFORE ME, a Notary Public in and for the Province
of_______________,Municipality of_______________on this day
personally appeared:
Name Com. Tax Cert. No. Date & Place of Issue
____________________ _______________ ____________;
_______________
____________________ _______________ ____________;
_______________
____________________ _______________ ____________;
_______________
____________________ _______________ ____________;
_______________
____________________ _______________ ____________;
_______________
known to me and to me known to be the same person who executed
the foregoinginstrument and who acknowledged to me that the same is
their own free and voluntary actand deed and that of the
corporation they represent.
WITNESS MY HAND AND SEALthis_
th
day of____, 20__at________________.
ATTY_________________________________Doc. No.____ COMMISSION
NO._______________________Page No.____ NOTARY PUBLIC
for_____________________Book No.____ UNTIL DECEMBER 31, 20__Series
of 20__ OFFICE:________________________________________
ROLL NO.________ADMMITTED AT BAR:___________IBP
NO.________;__/__/__;_________________PTR
NO________;__/__/__;_________________MCLE COMPLIANCE
No.__________;__________
