Acknowledgment Receipt With Compensation

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Acknowledgment Receipt with Compensation

This acknowledges receipt of __________________ Pesos


(PhP_________.00), Philippine Currency, from ____________________
(LESSEE) of ____________________, Philippines, for rental payment of
premises of ________________ (LESSOR)  along ___________________,
Philippines for the month of ______________ 2015.

LESSEE, on the other hand, by way of compensation under Art. 1278


of the Civil Code, acknowledges receipt of ____________________ Pesos
(PhP_______________.00) as partial reimbursement (1st of 6 installments)
of PhP_____________.00 in Lessor’s arrears to water utility company paid
by Lessee.
     
____________________, 2015, ____________________, Philippines.

______________________                              ______________________
            Lessor                                                              Lessee

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