Lease of Business Office

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    LEASE OF BUSINESS OR PROFESSIONAL OFFICE

    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:

    1. That the Lessor hereby leases and demises unto the Lessee the officesnumbered_____in the building known as______________________on located at #___

    ___________________ street, in the city of______________________, Philippines,consisting of ______________ (___) rooms on the ___th floor with the area of

    ____________________(___) square meters, said premises to be used for the purposeof____________________________.

    To have and to hold the same for the term of___________(___) years, beginningthe____th day of______________, 20____.

    Yielding and paying rent at the rate of_____________________________Pesos(Php _______), Philippine currency, to be paid in equal monthly payments to be madewithin the first _________days of each calendar month, the first of said payments to bemade on the______th day of_____________, 20____.

    2. The Lessee hereby covenants with the Lessor as follows:

    (a) To pay the rents stipulated at the times and in the manner aforesaid.

    (b) To pay all electric current, water, gas, and other rates payable during said term.

    (c) To keep the demised premises in such repair as they are at the commencementof the term or may be when put in the lessor during the continuance thereof, with theexception of those damaged by reasonable use and wear and tear, and due to fire orother unavoidable casualties.

    (d) Not to make or suffer any alterations or changes without the written consent ofthe Lessor.

    (e) Not to make or suffer any waste of the premises.

    (f) Not to make or suffer any unlawful, improper, of offensive use of the premises,nor any use thereof other than as herein specified.

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    (g) That the Lessor shall not be liable for any damage or injury by water orotherwise to any merchandise or property upon the premises.

    (h) That the Lessor at all seasonable and reasonable times to enter upon andexamine the premises and make such repairs as he may think necessary for the

    protection thereof.

    (i) Not to assign this lease or to sublet the whole or any part of the premises withoutthe consent in writing of the Lessor first being obtained.

    (j) At the end of said term peaceably to deliver up to the Lessor the demisedpremises vacant and unencumbered, in such repair as aforesaid, and in good andtenantable order and condition.

    3. The Lessor hereby covenants with the Lessee as follows:

    (a) That the Lessee shall peaceably hold and enjoy the demised premises duringall the time of this contract of lease.

    (b) To make thereon, during the lease, all the necessary repairs of the premises inorder to preserve them in serviceable condition for the purpose for which they are leased.

    4. Provided, always, that in case of a breach of any of the covenants on theLessee's part herein contained, the Lessor may, while the default shall continue, andnotwithstanding any waiver of any prior breach of condition, without notice or demand,enter upon the premises, and thereby determine this lease, and may thereupon expel andremove the Lessee and his effects.

    5. It is hereby agreed that in the interpretation and construction of this contract oflease, whenever the context so permits, the expression "Lessor" shall include andembrace his executors, administrators, and assigns; and that the covenants andstipulations hereof shall be binding upon and inure to the benefit of the person includedand embraced under said expressions respectively as aforesaid.

    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 SEAL this_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.__________;__________