№ files_lp_3_process_7_045713
Notarized private lease agreement executed in the Philippines setting out the terms, obligations, financial conditions, and legal remedies governing the commercial lease of a specified property in Cebu City for the period June 1, 2024 to May 31, 2025.
Country: Republic of the Philippines
City: Cebu City
Place of Execution: City of Laguna
Document Type: Contract of Lease
Parties: Ross Geller (Lessor); Phoebe Buffay (Lessee)
Property Description: Unit 150, Central Perk, AS Fortuna St., Banilad, Cebu City
Use of Premises: Commercial purposes only
Lease Term: One (1) year
Lease Period: June 1, 2024 to May 31, 2025
Monthly Rental Rate: Thirty Thousand Pesos (P30,000)
Security Deposit: Ninety Thousand Pesos (P90,000) equivalent to three (3) months’ rent
Default Provision: Termination, ejectment, padlocking, and forfeiture of deposits upon non-payment
Sublease Condition: Prohibited without written approval of the Lessor
Utilities Responsibility: Payable by the Lessee
Force Majeure Clause: Termination without compensation upon substantial destruction or damage
Judicial Relief Clause: Attorney’s fees equivalent to 100% of claim, not less than P50,000.00
Notarial Act: Acknowledged before a Notary Public
Series: 2024
Price: 8 / 10 USD
The file will be delivered to the email address provided at checkout within 12 hours.

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