[What is a Residential Rental/Lease?]

Philippines Residential Rental/Lease

A Residential Lease Agreement is used when a Landlord wishes to rent or lease property to a Tenant for residential and possibly home-based business purposes. For example, this form would be used to rent out an apartment or basement suite.

Simply answer the questions below to personalize your Residential Rental/Lease

Governing Jurisdiction:


Landlord Information:


Tenant Information:


Housing Style:


Location of Housing:


Number of Rooms:





Check all that are included:



Check all that are included:



Select all special parking features that apply:

E.g. "422 Elm Street" or "the lane behind the Premises"

Home Business:

Home Business:
If you wish to allow the tenant to operate a home-based business on the premises, indicate your wishes in this section. Remember that the premises must be zoned for home-based business use.

Other Occupants:






Lease Start Date:

Date of Occupancy:



An inspection report details the condition of the premises at the beginning of the tenant's occupancy. If there is any damage to the premises, it is noted in the report so the landlord knows that the tenant should not be held responsible for this damage upon moving out.

Signing Incentives:

E.g. The Landlord shall waive the Tenant's first rent payment.

Length of Lease:


Amount of Rent:


Security Deposit:

Security Deposit:
You may wish for the tenant to provide a security deposit upon moving in. Should the tenant damage the premises, or leave some rent unpaid, appropriate deductions from the deposit will be made. The remainder of the deposit is usually refunded to the tenant upon moving out.

Other Fees:


Payment Schedule:

E.g. Monday
E.g. first
E.g. first
E.g. first
E.g. January 1st


Check all that are included:


Rent Increases:

E.g. The monthly rent will increase by $50.00 every year.

Late Fees:




Notice of Entry:


Landlord Improvements:


Tenant Improvements:



What will the Tenant(s) maintain?


What type(s) of feature?




Assignment and Subletting:


Renewal of Lease:

E.g. The Tenant may renew this lease provided he/she has not been late in paying any rent.

Termination of the Lease:


Rerent Levy:


Additional Clauses:

Signatures Required:
We recommend the presence of one or more witnesses at the signing of this agreement.

Signing Information: