Scribd
Upload
5K views1 page

Contract of Lease

This contract establishes a lease agreement between Lourdes Arenos and Rosita Clores (the lessors) and Leny Ma (the lessee). The lessors own a 8,944 square meter fishpond land in Dagupan City, which they agree to lease to the lessee for one year for 15,000 Philippine pesos. The lessee agrees to keep the land in good condition during the lease period. If the property is sold during the contract, the lessors must refund any remaining months on the lease. The contract also specifies that the lessee will vacate if the property is sold.

Uploaded by

roadshow23
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
5K views1 page

Contract of Lease

This contract establishes a lease agreement between Lourdes Arenos and Rosita Clores (the lessors) and Leny Ma (the lessee). The lessors own a 8,944 square meter fishpond land in Dagupan City, which they agree to lease to the lessee for one year for 15,000 Philippine pesos. The lessee agrees to keep the land in good condition during the lease period. If the property is sold during the contract, the lessors must refund any remaining months on the lease. The contract also specifies that the lessee will vacate if the property is sold.

Uploaded by

roadshow23
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease entered into this ____ day of February 2011, by and between Lourdes Arenos
and Rosita T. Clores, of legal age, Filipino, and both widow, and resident of the District of Salisay, Dagupan
City, and herein after called the lessor, and Leny Ma, likewise of legal age, and resident of the District of
Bonuan Gueset, Dagupan City, and herein after called the lessee:

WITNESSETH

That the lessor of the owner of a parcel of the fishpond land which is more particularly described and
bounded as follows:

“A parcel of fishpond land (Lot No. 2755-B of Cadastral Survey of the City of Dagupan,
situated in the Barrio of Mamalingling District of Bolosan, Dagupan City. It is bounded on the
N. E. by the Anolid River; on the S. W. by Lot No. 2756; and on the N. W. by Lot 3206.
Containing an area of Eight Thousand Nine Hundred Forty Four (8, 944) square meters more or
less. It is covered by Transfer Certificate of Title No. 89791 of the Register of Deeds of Dagupan
City.”

That the lessor hereby agree to lease unto the said lessee the above-described property for a period of
one (1) year, beginning February ____, 2011.

That for and in consideration of the said lease, the lessor hereby acknowledged to have received from
lessee the amount of FIFTEEN THOSAND PESOS (P15,000.00) Philippine Currency as payment for the
rentals of the one (1) year at FIFTEEN THOSAND PESOS (P15, 000.00), Philippine Currency, per annum
only.

That the lessee hereby agree to keep the fishpond land in good condition during the period of lease;

That the moment the property is sold during the contract, the lessor is oblige to pay back the remaining
months not consumed. That the lessee will terminate the contract and vacate the fishpond.

That the lessor hereby agree and promise not to disturb the peaceful possession of the Lessee during the
therein the heirs period when it has begun;

That the provision of this contract extend to and include the heirs, executors, administrators or assigns;

____________________________ ___________________________
LOURDES TUATES ARENOS ROSITA TUATES CLORES
Lessor Lessor
_____________________________
LENY MA
Lessee

____________________________ ___________________________
Brgy. Captain Caretaker

IN WITNESS WHREOF, we have hereunto set our hands this _______day of ____________,
20____ at ________.

REPUBLIC OF THE PHILIPPINES ) S.S.


CITY OF DAGUPAN ………………..)

Witness my hand and notarial seal on the day and place as herein indicated.

DOC NO. _________;


PAGE NO. ________;
BOOK NO. ________;
SERIES OF ________;

You might also like