Sample House Rent Contract Philippines

Are you planning to rent a house in the Philippines? Before moving in, it is important to have a house rent contract in place. This legal document serves as a agreement between the landlord and the tenant, outlining the terms and conditions of the rental.

To give you an idea of what a house rent contract in the Philippines looks like, here`s a sample:

HOUSE RENT CONTRACT

This agreement, made and entered into on [DATE], between [LANDLORD`S NAME], hereinafter referred to as the „Landlord,” and [TENANT`S NAME], hereinafter referred to as the „Tenant.”

1. Premises

The Landlord hereby rents out to the Tenant the house located at [ADDRESS], consisting of [NUMBER OF BEDROOMS] bedrooms and [NUMBER OF BATHROOMS] bathrooms.

2. Term

The rental shall commence on [DATE] and shall continue for [NUMBER OF MONTHS], unless earlier terminated by either party upon written notice.

3. Rent

The Tenant shall pay a monthly rent of [RENT AMOUNT], due on the [DUE DATE] of each month. Late payment shall incur interest of [LATE PAYMENT FEE]% per month.

4. Security Deposit

The Tenant shall pay a security deposit in the amount of [SECURITY DEPOSIT AMOUNT] to secure the Tenant`s performance of the obligations under this agreement. The security deposit shall be refunded to the Tenant within [NUMBER OF DAYS] of the end of the rental, less any damages or unpaid rent.

5. Use of Property

The Tenant shall use the property solely for residential purposes. The Tenant shall keep the property clean and in good condition, and shall not make any alterations without the Landlord`s prior written consent.

6. Utilities

The Tenant shall shoulder all utility expenses, including but not limited to electricity, water, and gas.

7. Termination

Either party may terminate this agreement upon written notice to the other party. If the Tenant terminates the agreement before the end of the rental period, the Tenant shall forfeit the security deposit.

8. Governing Law

This agreement shall be governed by the laws of the Philippines.

IN WITNESS WHEREOF, the parties have executed this agreement on the date and year first above written.

[LANDLORD`S SIGNATURE] [TENANT`S SIGNATURE]

[LANDLORD`S NAME] [TENANT`S NAME]

As a tenant, it is important to carefully review and understand the terms and conditions of the house rent contract before signing. If you have any questions or concerns, do not hesitate to seek legal advice.

In conclusion, having a house rent contract in place is crucial for both the landlord and tenant to avoid disputes and ensure a smooth rental experience. Always remember to read and understand the contract before signing.