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YASSER A. CARLOMAN, of legal age, Filipino and with residence address at 2855D,
Finlandia Street, and the hereinafter referred to as the LESSOR.
-ANDCONRAD CORTEZ-TAMAYO, of legal age, married to JENELYN PROVIDO
TAMAYO, Filipino and with residence address at 1804 Rio East Azure Urban Residences, West
Service Road, Paranaque City, hereinafter referred to as the LESSEE.
WITNESSETH; That
WHEREAS, the LESSOR is the long-term lessee of the leased premises, a residential
lot situated at Lot 32 Block 17 Visaya Street, Guadalupe Nuevo, Makati City;
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:
TERMS AND CONDITIONS
1. PURPOSES: That premises hereby leased shall be used by the LESSEE expressly
agreed as the carwash and auto-detailing service center;
2. TERM: The term of this lease agreement is for Two (2) years, subject for renewal of Two
(2) year periods thereafter at the sole option of the LESSEE. The Lease shall commence
on October 1, 2016. Turnover of the leased area shall be on or before the 3 rd week of
September 2016.
3. RENTAL RATE: The monthly rental rate for the leased premises shall be in PESOS:
TWENTY TWO THOUSAND (Php22,000.00) for the first six months and
TWENTY FIVE THOUSAND (Php 25,000.00) for the months thereafter, Philippine
currency. The LESSEE shall pay four month advance and two months deposit upon
signing this contract. The two months deposit shall be fully refundable at the end of the
lease term, subject to the reasonable deductions for unsettled accounts and repairs for
damages. All rental payments shall be made payable to the LESSOR. Upon renewal
there shall be no rental rate increase, unless the parties agree otherwise.
4. RENTED PROPERTY: The Property leased is to be determined by the LESSOR and
communicated to the LESSEE upon signing of this contract, the approximate
measurements are the shaded area as follows:
300
1,500
750
400
1,500
700
Yasser A. Carloman
Lessor
CONRAD CORTEZ-TAMAYO
__________________________
__________________________
ACKNOWLEDGEMENT
Republic of the Philippines)
City of Makati
)S.S.
Before me, personally appeared:
Name
Valid Ids
Date/Place Issued
ACKNOWLEDGEMENT RECEIPT
Received the amount of ONE HUNDRED FORTY FIVE PESOS ONLY (Php 140,000.00)
from ________________________, of legal age, Filipino and residing at
__________________________________________________ for the following purpose:
Php 20,000.00
Php 100,000.00
Php 20,000.00
Yasser A. Carloman
Lessor