The Roommate Release Form is a crucial legal document used in the Philippines when one tenant needs to exit a shared residential lease agreement while other tenants continue their occupancy. This document becomes necessary in situations such as job relocations, personal circumstances, or changes in living arrangements. It operates under Philippine civil law and housing regulations, particularly the Civil Code of the Philippines and the Rent Control Act of 2009. The form addresses key aspects including release terms, financial obligations, security deposit adjustments, and ongoing responsibilities of remaining tenants. It provides legal protection for all parties by clearly documenting the departure terms and ensuring the continuing validity of the lease for remaining occupants. The document is especially relevant in urban areas where shared living arrangements are common and requires careful consideration of local housing regulations and tenant rights.
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1. Parties: Identifies all parties involved: the departing tenant, remaining tenants, and landlord/property owner
2. Background: Outlines the existing lease agreement details, current living arrangement, and reason for the release
3. Definitions: Defines key terms used throughout the document including 'Release Date', 'Original Lease', 'Security Deposit', and 'Outstanding Obligations'
4. Release Terms: Specifies the terms of release including the effective date and conditions for the departing tenant's removal from the lease
5. Financial Settlement: Details the handling of security deposits, rent payments, utilities, and any other financial obligations
6. Remaining Tenants' Obligations: Confirms the continuing obligations of the remaining tenants under the original lease
7. Landlord's Consent: Documents the landlord's agreement to the release and any conditions attached
8. Signatures: Space for all parties to sign and date the document
1. Property Damage Assessment: Used when there are specific property damage issues that need to be addressed before the release
2. Forwarding Address: Include when there's a need to formalize the departing tenant's new contact information for future correspondence
3. Return of Keys: Added when there are specific provisions about returning keys, access cards, or other property access items
4. Mutual Release of Claims: Include when parties want to explicitly waive future claims against each other
5. Replacement Tenant Provisions: Used when a new tenant is already identified to replace the departing tenant
1. Schedule A - Financial Statement: Detailed breakdown of all financial settlements, including security deposit calculations and utility payments
2. Schedule B - Property Inventory: List of any shared items or furniture and their disposition
3. Schedule C - Original Lease Reference: Copy or key terms of the original lease agreement being modified
4. Appendix 1 - Condition Report: Documentation of the property's condition at the time of the roommate's departure
Relevant legal definitions
Clauses
Relevant Industries
Residential Real Estate
Property Management
Student Housing
Corporate Housing
Shared Accommodation Services
Real Estate Services
Property Development
Housing Administration
Relevant Teams
Legal Operations
Property Management
Residential Leasing
Tenant Relations
Housing Administration
Real Estate Operations
Contract Administration
Facilities Management
Student Services
Corporate Housing
Relevant Roles
Property Manager
Leasing Agent
Real Estate Agent
Housing Administrator
Tenant Relations Officer
Legal Counsel
Residential Property Coordinator
Student Housing Coordinator
Corporate Housing Manager
Lease Administrator
Building Manager
Housing Operations Manager
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