The Simple House Rental Agreement is a fundamental legal document used in the Philippine real estate market for residential property leasing. This agreement is designed for situations where a property owner (lessor) wishes to rent out a house to a tenant (lessee) under Philippine jurisdiction. The document incorporates essential provisions required by Philippine law, including the Civil Code and the Rent Control Act, while maintaining accessibility and clarity for all parties involved. It covers crucial aspects such as rental terms, payment schedules, security deposits, maintenance responsibilities, and utility arrangements. This agreement is particularly suitable for individual homeowners, small-scale landlords, and property managers who need a straightforward yet legally compliant rental agreement for residential properties in the Philippines.
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1. Parties: Identifies and provides complete details of the landlord/lessor and tenant/lessee, including their full names, addresses, and contact information
2. Background: Brief context about the rental arrangement and property
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed description of the rental property, including its exact address and boundaries
5. Term of Lease: Specifies the duration of the lease, start date, and end date
6. Rent and Payment Terms: Details the monthly rent amount, payment schedule, and accepted payment methods
7. Security Deposit: Specifies the security deposit amount, terms of its holding, and conditions for its return
8. Utilities and Bills: Clarifies responsibility for utility payments and other regular expenses
9. Maintenance and Repairs: Outlines responsibilities for property maintenance and repair procedures
10. Use of Property: Specifies permitted use of the property and any restrictions
11. Termination: Details the conditions and process for ending the lease
12. Governing Law: Confirms the agreement is governed by Philippine law
13. Signatures: Space for parties to sign and date the agreement
1. Pets: Include when pets are allowed, specifying conditions and any additional deposits
2. Subletting: Include if subletting is permitted, with conditions
3. Property Modifications: Include if tenant is allowed to make modifications to the property
4. Insurance Requirements: Include if specific insurance coverage is required from either party
5. Special Provisions for Multiple Occupants: Include when the property will be occupied by multiple tenants
6. Force Majeure: Include specific provisions for natural disasters or unexpected events
7. Guest Policy: Include if there are specific restrictions on guests or extended stays
1. Schedule A - Inventory List: Detailed inventory of furnishings and fixtures included in the rental
2. Schedule B - Property Condition Report: Documented condition of the property at the start of tenancy
3. Schedule C - House Rules: Specific rules and regulations for the property
4. Schedule D - Utility Reading Records: Initial meter readings for utilities at the start of tenancy
5. Appendix 1 - Payment Schedule: Detailed breakdown of all payments including rent, deposits, and other fees
6. Appendix 2 - Maintenance Schedule: Regular maintenance schedule and responsibilities
Relevant legal definitions
Clauses
Relevant Industries
Residential Real Estate
Property Management
Real Estate Services
Housing and Development
Legal Services
Property Leasing
Relevant Teams
Legal
Real Estate Operations
Property Management
Lease Administration
Document Management
Residential Services
Contract Administration
Asset Management
Relevant Roles
Property Manager
Real Estate Agent
Leasing Manager
Property Administrator
Legal Counsel
Housing Coordinator
Rental Operations Manager
Lease Administrator
Real Estate Broker
Property Owner
Landlord Services Coordinator
Tenant Relations Manager
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