Lim Ching Tai J
Lim Ching Tai J
Lim Ching Tai J
CONTRACT OF LEASE
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT OF LEASE is made and executed at Rosario, Cavite, this day of , 2019, by
and between:
EVANGELINE V. BAUDET represented by her ATTORNEY-IN-FACT Evelyn L. Vertuso, of
legal age, married, Filipino Citizen, and with residence and postal address at 1950 Sulok Lawin
St. Manggahan-lawin, Kawit City, Cavite hereinafter referred to as the LESSOR.
-AND-
LIM CHING TAI, Malaysian Citizen, of legal age, with residence and postal address
2001 Crowntower HV Dela Costa St. Salcedo Village, Makati City hereinafter referred to
as the “LESSEE”.
WITNESSETH THAT:
WHEREAS, the LESSOR is the owner of THE LEASED PREMISES, a residential property
situated at Blk 119 Lot 26, Antel Grand Village, Grand Cedar Crest, Brgy. Bacao 2, General
Trias Cavite to be leased;
WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE and the LESSEE is
willing to lease the same;
NOW THEREFORE, for and in consideration of the foregoing premises, the LESSOR leases unto
the LESSEE and the LESSEE hereby accepts from the LESSOR the LEASED premises, subject to
the following:
1. PERIOD OF LEASE – The lease shall be for a period of one (1) year commence on to
. Upon termination of contract within one year LESSOR shall forfeit the
entire deposit. This lease may be renewed under such terms and conditions as may be
mutually agreed upon by both parties, written notice of intention to renew that the
lease shall be served to the LESSOR not later than (7) days prior to the expiry date of
the period herein agreed upon.
2. RENTAL RATE – The monthly rental rate for the leased premises shall be in PESOS: FORTY
NINE THOUSAND PESOS ONLY (P49,000.00), Philippine Currency. All rental payments shall be
payable to Evelyn L. Vertuso on behalf of the LESSOR. To be paid SIX (6) months in advance
amounting to TWO HUNDRED NINETY FOUR THOUSAND PESOS ONLY (PHP 294,000.00)
without any refund and the remaining six months to be paid 2 months before the
expiration of advance rental. None payment 60 days prior to the expiration of twelve
months advance rental will terminate the contract and vacate the leased premises
immediately.
3. UTILITIES - the LESSEE shall pay for all expenses for water, electricity, cable television,
internet connection, telephone services, monthly association dues and other services connected
with the use, operation and maintenance of the leased property during the term of this lease
and any extension or term of this lease.
4. DEFAULT PAYMENT: In case of default by the LESSEE in the payments of the rent, such as
when the checks are dishonored, the LESSOR at its option may terminate this contract in eject
the LESSEE. The LESSOR has the right to padlock the premises when the LESSE is in default
of payment for one (1) month and may forfeit whatever rental deposit or advances have been
given by the LESSEE.
5. SUB-LEASE: The LESSEE shall not directly or indirectly sublet, allow or permit the leased
premises to be occupied in whole or in part by any person, form or corporation, neither shall
the LESSEE assign its rights here under to any other person or entity in no right of interest
thereto or therein shall be conferred on or vested in anyone by the LESSEE without the
LESSOR’S written approval.
6. USED OF LEASE PROPERTY / PURPOSES: That premises hereby leased shall be used
exclusively by the LESSEE for Residential purposes only and shall not other uses. It is hereby
expressly agreed that if any time the premises are used for other purposes, the LESSOR shall
have the right to rescind this contract without prejudice to its other rights under the law.
7. HOUSE RULES / SANITARY CONDITION
a). The LESSOR that the leased premises are to the best of his knowledge, clean , safe sound and
healthful and that there exists no violation of any applicable housing code, law or regulation of
which he is aware.
b). LESSEE agrees to comply with all sanitary laws ordinances and rules affecting the cleanliness
occupancy and preservation of the premises during the term of this lease.
c). LESSEE agrees to take good care of the fixtures and other household goods and the
personal effects of LESSOR in good condition at the end of the term of this lease , normal wear
and tear expected.
8. CONDITION OF THE LEASED PROPERTY - the LESSEE acknowledges that the leased property
is in good tenable condition and the LESSEE agrees that all loss, or damage to the house or its
content whenever such to any of the fixtures and other households shall resulted from LESSEE
misuse, waste or neglect of said furnishing. LESSEE shall cause to be made at Tenants
Expenses, all required repairs to electrical, fixture, and plumbing work etc. whenever
such damage shall have resulted from misuse, waste or neglect of tenants.
9. IMPROVEMENTS - the LESSEE shall make alterations or improvements on the leased premises
only upon the prior consent of the LESSOR. Any permanent alterations or improvements made
by the LESSEE shall belong to the LESSOR upon the expiration of this lease contract with no
obligation to pay to its value to the LESSEE. Should the LESSEE vacate the leased premises
prior to the end of the agreed lease period said improvements shall belong to the LESSOR with
no obligation to pay its value to the LESSEE.
10. FIRE HAZARD AND OBNOXIOUS SUBSTANCE - the LESSEE shall not keep , deposit or
store in the premises any obnoxious. Flammable material or substance that may constitute as
a fire hazard and should the LESSEE do so, he/she shall be responsible for the damages which
such violation might cause to the LESSOR .
11. LESSEE shall give prompt notice to LESSOR or his agent of any dangerous, defective,
unsafe or emergency condition in or on the leased premises said notice being by any suitable
means. LESSOR or his agent shall repair and correct said conditions promptly upon receiving
notice thereof from tenant.
12. LESSEE / TENANT shall at reasonable times, give access to LESSOR or his agents for any
reasonable and lawful purpose. Except in situations of compelling emergency, LESSOR or his
agents shall give the LESSEE/ Tenant at least 24 hours notice of intention to seek access, the
date and time at which access will be sought and the reason therefore.
13. DEFAULTS OR BREACH OF CONTRACT - the LESSEE agrees that all covenants and
agreements herein contained shall be deemed essential condition hereof, and if default or
breach be made of any such condition, the LESSOR shall have the right to terminate and
cancel this contract, whether judicially or extra judicially, upon five (5) days notice delivered at
the lease premises or posted on the main door thereof. Upon such termination or
cancellation, the LESSOR shall lock the premises and exclude the LESSEE whether
forcefully or otherwise, without incurring any civil or criminal liability and all monthly
rentals, advances and deposits made by the LESSEE shall be forfeited aside from their
liability to pay the LESSOR the rentals corresponding to the unexpired term of this
lease contract.
14. JUDICIAL RELEIF - Should the LESSOR be forced or compelled to seek judicial relief
against the LESSEE, the latter shall, in addition to any other damage(s) that may be awarded to
the LESSOR, pay an amount equivalent to twenty (20%) percent of the total amount claimed in
the complaint, attorney's fees at a minimum of FIVE THOUSAND PESOS (Php 5,000.00), aside
from the cost of the litigation and other expenses which the law may entitle the LESSOR to
recover the LESSEE.
15. LESSOR and LESSEE agree that this lease, when filled out and signed , is a binding legal
obligation.
IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place above
written.
EVANGELINE V. BAUDET LIM CHING TAI
LESSOR LESSEE
BY: EVELYN L. VERTUSO
ATTORNEY-IN-FACT
Signed in the presence of:
ACKNOWLEDGEMENT