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Lease Transfer Letter for Philippines

Lease Transfer Letter Template for Philippines

A Lease Transfer Letter is a formal document used in the Philippines to facilitate and document the transfer of leasehold rights from an existing tenant to a new tenant, subject to the landlord's approval. This document, governed by Philippine civil law and property regulations, serves as an official request and record of the proposed transfer, outlining the details of the current lease, the parties involved, and the proposed transfer terms. It must comply with the Civil Code of the Philippines and relevant local property laws, including the Rent Control Act where applicable, and includes essential information about both the current and prospective tenants, property details, and any specific conditions of the transfer.

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What is a Lease Transfer Letter?

The Lease Transfer Letter is a crucial document used in Philippine real estate transactions when a tenant wishes to transfer their lease obligations to another party. This document is essential for maintaining legal compliance under the Civil Code of the Philippines and relevant property laws while ensuring proper documentation of the transfer process. It serves multiple purposes: formally notifying the landlord of the intended transfer, providing necessary information about the new tenant, and requesting the landlord's consent for the transfer. The letter should be used whenever a tenant needs to transfer their lease to another party before the original lease term expires, whether in residential or commercial contexts. It typically includes details about the property, current lease terms, proposed transfer date, and information about both the current and prospective tenants. The document helps protect all parties' interests and ensures transparency in the transfer process while maintaining compliance with Philippine legal requirements.

What sections should be included in a Lease Transfer Letter?

1. Letter Date: Current date of the letter following standard business format

2. Recipient Details: Full name and address of the landlord/property manager

3. Subject Line: Clear indication that this is a Lease Transfer Request/Notice

4. Salutation: Formal greeting to the landlord/property manager

5. Property Identification: Complete details of the leased property including address and unit number

6. Current Lease Reference: Details of the existing lease including date of commencement and lease reference number

7. Transfer Request: Formal request for the transfer of lease, including proposed date of transfer

8. New Tenant Information: Introduction and relevant details of the proposed new tenant

9. Current Tenant Declaration: Statement confirming current tenant's intention to transfer the lease and compliance with lease terms

10. Closing: Request for approval and next steps

11. Signature Block: Space for current tenant's signature and contact information

What sections are optional to include in a Lease Transfer Letter?

1. Security Deposit Transfer: Details about the transfer of security deposit between current and new tenant - include when there's an arrangement for security deposit transfer

2. Outstanding Obligations: Statement regarding any outstanding rent or utilities - include if there are any pending payments

3. New Tenant References: Background information and references for the new tenant - include when required by landlord or lease terms

4. Business Details: Include when either current or new tenant is a business entity, including business registration details

5. Broker Information: Details of any broker involved in facilitating the transfer - include if a broker is involved

What schedules should be included in a Lease Transfer Letter?

1. Current Tenant Information Form: Detailed information about the current tenant including contact details and forwarding address

2. New Tenant Information Form: Comprehensive details about the proposed new tenant including employment, references, and contact information

3. Property Condition Report: Current condition of the property at the time of proposed transfer

4. Outstanding Payments Schedule: List of any outstanding rent, utilities, or other payments (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Document Type

Transfer Letter

Cost

Free to use
Relevant legal definitions






















Clauses















Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Manufacturing

Logistics

Agriculture

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Administration

Compliance

Property Management

Asset Management

Tenant Relations

Corporate Services

Risk Management

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Facilities Manager

Legal Counsel

Tenant Relations Manager

Corporate Real Estate Manager

Asset Manager

Operations Manager

Administrative Officer

Compliance Officer

Real Estate Broker

Property Administrator

Lease Administrator

Business Operations Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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