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Property Tenancy Agreement for Philippines

Property Tenancy Agreement Template for Philippines

A comprehensive legal document governed by Philippine law that establishes the terms and conditions for the rental of real property between a landlord and tenant. This agreement complies with the Civil Code of the Philippines and relevant rental laws, including the Rent Control Act of 2020 where applicable. It details the rights and obligations of both parties, rental terms, maintenance responsibilities, security deposit requirements, and other essential provisions specific to Philippine property law. The agreement incorporates local legal requirements while providing clear mechanisms for dispute resolution and contract termination.

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What is a Property Tenancy Agreement?

The Property Tenancy Agreement serves as a crucial legal instrument in the Philippine real estate market, establishing the contractual relationship between property owners and tenants. This document is essential whenever real property is leased, whether for residential or commercial purposes, and must comply with Philippine civil law and local regulations. The agreement typically includes comprehensive details about the property, rental terms, payment schedules, maintenance responsibilities, and legal remedies available to both parties. It incorporates provisions from the Civil Code of the Philippines and recent legislation such as the Rent Control Act of 2020, ensuring current legal compliance while protecting the interests of all parties involved. Property Tenancy Agreements are particularly important in the Philippine context due to specific local requirements regarding property rental, tax obligations, and tenant protections.

What sections should be included in a Property Tenancy Agreement?

1. Parties: Identification and details of the Landlord and Tenant, including complete names, addresses, and contact information

2. Background: Brief context of the agreement and property rental arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Complete description of the rental property, including address and specific inclusions

5. Term of Lease: Duration of the lease, including start and end dates, and renewal provisions

6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and late payment penalties

7. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit

8. Utilities and Bills: Responsibility for utility connections and payments

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs

10. Tenant's Obligations: General obligations and restrictions on the tenant's use of the property

11. Landlord's Obligations: General obligations of the landlord regarding the property and tenant's peaceful enjoyment

12. Insurance: Required insurance coverage and responsibilities of each party

13. Default and Remedies: Events of default and available remedies for both parties

14. Termination: Conditions and procedures for early termination of the lease

15. Notices: Process for serving notices between parties

16. Governing Law: Specification of Philippine law as governing law and jurisdiction

17. Execution: Signature blocks and execution requirements

What sections are optional to include in a Property Tenancy Agreement?

1. Subleasing: Include when subleasing is permitted, specifying conditions and approval process

2. Pets: Include when pets are allowed, specifying conditions and additional deposits

3. Modifications and Improvements: Include when tenant is allowed to make alterations to the property

4. Property Management: Include when a property manager is involved in managing the property

5. Force Majeure: Include specific provisions for extraordinary circumstances like natural disasters or pandemics

6. Option to Purchase: Include for rent-to-own arrangements

7. Common Areas: Include for properties in condominiums or shared facilities

8. Parking: Include when specific parking arrangements are part of the lease

9. Building Rules: Include when property is subject to specific building or community rules

What schedules should be included in a Property Tenancy Agreement?

1. Schedule 1 - Property Inventory: Detailed list of furniture, appliances, and fixtures included in the lease

2. Schedule 2 - Property Condition Report: Detailed description of property condition at the start of tenancy

3. Schedule 3 - House Rules: Specific rules and regulations for the property

4. Schedule 4 - Utility Reading Records: Initial meter readings for utilities

5. Schedule 5 - Maintenance Schedule: Schedule of regular maintenance activities and responsibilities

6. Appendix A - Required Permits and Certificates: Copies of relevant permits, certificates, and clearances

7. Appendix B - Photo Documentation: Photographs of the property condition at the start of tenancy

8. Appendix C - Building Floor Plan: Floor plan showing the leased premises and common areas

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

Cost

Free to use
Relevant legal definitions















































Clauses


































Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail

Hospitality

Professional Services

Corporate Services

Legal Services

Construction

Facilities Management

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Property Management

Asset Management

Compliance

Contract Administration

Corporate Services

Risk Management

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Facilities Manager

Legal Counsel

Corporate Real Estate Manager

Asset Manager

Building Manager

Tenant Relations Officer

Real Estate Operations Manager

Compliance Officer

Contract Administrator

Property Administrator

Business Operations Manager

Real Estate Portfolio 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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