A housing rental agreement is used when an owner wishes to rent or rent real estate to a tenant for residential purposes and possibly at home. For example, this form would be used to rent an apartment or cellar suite. The typical lease term for condominiums, apartments and houses is one year. If the tenant will only live in the Philippines for a few months, it is better to rent a service apartment. CONSIDERING that the lessor agrees to rent the property to the tenant and that the lessor is ready to rent it; CONSIDERING that the lessor wishes to rent the property described above for the benefit of the lessor and that the lessee accepts the rental contract under the conditions set out herein. The parties choose the above addresses as physical addresses for the notification of a notification, the payment of any amount and the possibility of taking legal action under this real estate rental agreement. Each party has the right to change its physical address information in writing to the other party. Such a change shall take effect on the 7th day following receipt of the notification by the other Party. Any communication that the lessor must send to the tenant is deemed effective when it is sent by prepaid registered letter to the tenant in the property or left by the owner or his agent at this address, the notification being deemed received by registered letter 5 days after its publication. or the day on which the termination was served by hand. the deposit of two (2) months being deducted in rent for the 11th and 12th month and the remaining deposit of one (1) month being partly responsible for damages and other obligations contracted by distribution companies such as water, electricity, CATV, telephone, contributions of the association or due to a breach of a provision of this contract . .
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