CONTRACT
OF LEASE
KNOW ALL MEN BY THESE
PRESENTS:
This agreement made and executed at
Tanauan City, Batangas this ___ day of ________________ by and between:
SPOUSES MARIO C. GAYTANO and YOLANDA A. GAYTANO, both of legal age, Filipinos, with address at Ve Denhaag, The Netherlands and with domicile at Talisay,
Batangas, and
herein after referred to as LESSORS;
and
FAMILY CHURCH, a religious corporation duly
organized and existing under Philippine law and herein represented by JUAN DELA CRUZ, Filipino, of legal age, married and with address at Lipa City, Batangas, herein
referred to as LESSEE;
WHEREAS, the LESSORS are the owners
of a commercial space situated at Brgy. Bunga, Talisay, Batangas covered by
Transfer Certificate of Title with No. T-xxxxxx12;
WHEREAS, the LESSEE desires to renew
the lease the above-stated property and the LESSORS agreed thereto, subject to
terms and conditions herein below set forth:
NOW, THEREFORE, the LESSORS and the
LESSEE agree as follows:
1.)
TERMS: This renewal of the CONTRACT OF LEASE shall
be for a period of two (2) years from January 6, 2022 until January 6, 2024.
This contract may still be renewed upon further negotiations between both
parties. Otherwise this Contract of Lease shall terminate on the date of terms
stipulated herein;
2.)
PURPOSE: The LESSEE shall use
the leased premises exclusively as worship venue. The premises shall not be
used for any illegal and immoral purpose and shall be compliant to all the
laws, acts and ordinances in effect in the Republic of the Philippines;
3.)
RENTALS: The rental for the leased premises is TWENTY
THOUSAND PESOS (Php20,000.00) Philippine currency per month. The payment shall
be every 6th of the month;
The
LESSORS shall allow the LESSEE to use the six (6) wooden chairs and three (3)
wooden tables owned by the LESSORS. In case the LESSORS shall be needing the
said furniture, the LESSEE shall return the same to the LESSORS. That the
LESSEE shall be responsible for any damage for the use of the said furniture
and appliances within the lease period.
The
LESSEE shall be allowed to use the space at the back of the building A (leased
premises) as their parking area within the lease period;
4.)
DEPOSIT: The LESSEE shall maintain the one(1) month
advance, one(1) month deposit previously paid to the LESSORS in the amount equivalent to FORTY THOUSAND PESOS(P40,000.00).
The same remains not refundable. In case this lease shall not be renewed, the
one(1) month advance payment shall be consumed by the LESSEE for the last month
occupancy/used of the premises. Moreover, the one(1) month deposit payment
shall be allotted for the payment of the utilities consumed by the LESSEE for
the last month stay in the premises;
5.)
CHARGES: The LESSEE shall pay all water, gas, light,
power services and all other utilities such as telephone and cable TV supplied
to the leased premises for the duration of this CONTRACT;
6.)
ALTERATION &
IMPROVEMENT: The LESSEE shall not make any alterations,
modification or improvements in the leased premises without the prior consent
of the LESSORS. Any addition, alteration
or modification on the leased premises shall be restored by the LESSEE upon the
expiration of this CONTRACT at the sole account of the LESSEE;
7.)
MINOR/MAJOR REPAIRS: That the LESSEE, shall keep the leased premises in good habitable
condition at all times, making all the necessary minor repairs therein like
changing busted lights, and fixing leaking faucets. On the other hand, the LESSOR shall be
responsible for all major repairs on the water, electrical, sewerage
installation and structural defects of the leased premises caused by ordinary
wear and tear;
8.)
SUBLEASE OF ASSIGNMENTS: The LESSEE shall not assign nor sublease the
premises hereby leased without the written consent of the LESSOR and any breach
of this condition shall be ground for the termination of this CONTRACT at the
option of the LESSOR;
9.)
ACCESS AT REASONABLE
HOURS: The LESSEE
shall allow the LESSOR or the latter’s duly authorized agents to enter
the leased premises at reasonable hours
for the purpose of inspecting or repairing the same;
10.)
ACTS OF
FAMILY/EMPLOYEES AND CUSTOMERS: The LESSEE
shall be responsible for all the acts and omissions of his/her
family/employees or customers, domestic servants, agent and other persons which
were allowed access to the leased premises or any parts thereof by the LESSEE;
11.)
PRETERMINATION OF
CONTRACT:
The LESSORS have the option to terminate this contract if the LESSEE violates
any of the terms and condition stipulated herein. The LESSEE shall turnover the
leased premises in good condition to the LESSORS upon termination of this
contract;
A written notice of the
pretermination/termination of contract shall be given by EITHER PARTY at least
THIRTY (30) DAYS prior to the end of the contract.
12.)
NOTICE AND APPROVAL OF
TERMS: The parties have read and understood all the
terms, conditions and stipulations of this CONTRACT OF LEASE and hereby further
agree that the same be binding upon, apply and shall ensure to the benefit of
the heirs, administrators or assigns respectively of LESSORS and LESSEE.
IN WITNESS WHEREOF, the parties have
hereunto affixed their signatures at Tanauan City, Batangas, this ___ day of ___________________.
MARIO C. GAYTANO TRUE
VINE FAMILY CHURCH
LESSOR INTERNATIONAL INCORPORATED
LESSEE
Represented by:
YOLANDA A. GAYTANO ________________________________
LESSOR JUAN DELA CRUZ
WITNESSED
BY:
Pinky A. Salazar Jose
D. Roxas
ACKNOWLEDGMENT
REPUBLIC
OF THE PHILIPPINES)
CITY
OF TANAUAN )SS
BEFORE Me a Notary Public for and in the above locality,
on this __ day of _____________________,
personally appeared the following:
Names ID: ID No.:
Mario C. Gaytano ------------------------------- ------------------------------------------------------------
Yolanda A. Gaytano
Juan Dela Cruz ------------------------------- ------------------------------------------------------------
known
to me and to me known to be the same persons who executed the foregoing
Contract of Lease consisting of three(3) pages and who acknowledged to me that
the same is their free and voluntary act and deed.
IN
WITNESS WHEREOF, I have
hereunto set my hand on the date and place first written above.
Doc.
No._____;
Page
No._____;
Book
No._____;
Series
of _____.