FORM 0028 – PARKING LEASE AGREEMENT
YOU MAY ACCESS THE FORM IN MICROSOFT WORD. JUST CLICK THE FORM FILE BELOW:
FORM 0028 – PARKING LEASE AGREEMENT
OR YOU MAY COPY THE FILE BELOW. (HIGHLIGHT CTRL C, OPEN WORD, CTRL V):
PARKING LEASE AGREEMENT
LESSOR :________________________ ADDRESS: ___________________________________
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LESSEE:________________________ ADDRESS: ___________________________________
___________________________________
___________________________________
BUILDING: _________________________________________
PARKING SLOT NO.: ___________________ CONTACT: _______________________________
TEL. NO.: _________________________________
MONTHLY RENTAL AMOUNT: PHP_____________ INCLUSIVE OF VAT, INCLUSIVE OF
MONTHLY DUES AND INCLUSIVE OF COMMON AREA FEES.
PAYMENT SCHEDULE: UPON SIGNING OF THIS AGREEMENT LESSEE PAYS SECURITY DEPOSIT EQUIVALENT TO ONE MONTH RENT AND ONE MONTH ADVANCE RENT AND SHALL SUBMIT POSTDATED CHECKS PAYABLE TO LESSOR FOR SUCCEEDING MONTHLY RENTS TO BE DATED FIFTH DAY OF THE MONTH.
OTHER TERMS AND CONDITIONS
- The LESSEE shall use the Leased premises exclusively for parking use only. The LESSEE shall not use the leased premises for any other purpose. No loss or damage in leased premises shall impair the LESSEE’s obligations under this Agreement.
- The LESSOR reserves the right to terminate the LEASE CONTRACT in the event that the parking slot is already sold by the LESSOR and the LESSEE hereby agrees to vacate the said parking slot within Fifteen (15) Calendar days after written notice by the LESSOR. After lapse of the Fifteen (15) day notice, the LESSOR shall automatically have the right to repossess the leased premises without need of further court action. All expenses incurred to re-possess the leased premises shall be for the account of the LESSEE.
- In the event of pre-termination due to Section 4, LESSOR may transfer the lessee to another parking slot which is available for lease if there is any.
- In case of pre-termination other than due to Section 2, the LESSEE must forward written notice/advice to the LESSOR three(3) weeks prior to cancellation of contract. The rentals for the period that the parking slot is not leased to any third party shall be charged to the LESSEE. In case the unit shall have been rented out anew, the postdated checks for the remaining period shall be returned by the LESSOR to the LESSEE. Any Pre-termination advice with less than three(3) weeks’ notice shall not entitle the LESSEE to any refund. In any case security deposit shall be forfeited in favor of the LESSOR.
- The LESSEE shall comply with any and all rules, regulations and policies currently existing or which may be promulgated from time to time by the LESSOR or the relevant Condominium Corporation as well as the rules, regulations, ordinances and laws established by all duly constituted authorities of the Municipal / City or National Government arising from or regarding the use, occupancy, sanitation and pollution of the leased premises.
- The LESSEE will be responsible for securing required parking car pass and will only park his / her vehicle at the designated parking slot and must display the car pass on the dashboard or windshield for inspection or entry. Only Registered Cars will be allowed to use the said leased slot. Any change of vehicle during the lease term must be subject for registration to Property Management Office (PMO) and Leasing Department of the building.
- The LESSEE agrees to vacate immediately and surrender the leased parking slot as soon as this Agreement expires or is terminated. In the event that the LESSEE has not renewed his / her contract with the LESSOR, the PROPERTY MANAGEMENT OFFICE (PMO) will have full authority to confiscate car pass and barricade the Parking Slot. The LESSOR shall automatically have the right to re-possess the leased premises without need of further court action. All expenses incurred to re-possess the leased premises shall be for the account of the LESSEE.
- Upon the dishonor by the bank of any of the post-dated checks or the LESSEE’s failure to pay rent, associations due, common dues and / or the violation of any of the terms and conditions of this AGREEMENT by the LESSEE, the LESSOR may immediately declare, without need of a written notice, the LESSEE in default. Upon the LESSEE being in default, the LESSOR shall exercise, in addition to any other remedies as may be prescribed by law, the following rights:
A) To terminate the Agreement without the need of any prior notice, demand or judicial declaration;
B) To immediately repossess the Leased Premises without the necessity of instituting any court or judicial action.
C) To demand and receive from the LESSEE payment for any and all unpaid rentals and other financial obligations stipulated in, or arising out of this Agreement;
D) To demand and receive from the LESSEE payment for the rentals and fees corresponding to the unexpired portion of the lease period;
- The LESSOR and LESSEE may renew this agreement but solely on the discretion of the LESSOR and under such terms and conditions as the parties may mutually agree. In the event that the LESSEE wishes to renew this Lease, the LESSEE must notify the LESSOR in writing of its wish to renew at least thirty 30) calendar days before the expiration of the lease. The LESSOR and LESSEE shall endeavor to execute a contract of lease for the renewed term at least thirty (30) calendar days before the actual expiration of this agreement.
- The LESSOR shall not be accountable or liable for any loss, injury or damages that may be suffered by the LESSEE, his/her family, agents, guests or his parked motor vehicle, by reason of theft, robbery, arson or other crimes or caused by fire, earthquake, strike, demonstration, riot, rebellion, typhoon, war or other unforeseen cause or event.
- The LESSEE is not allowed to assign or transfer its right in this Agreement to another party without the LESSOR’s prior written consent.
- The LESSEE hereby declares that he/she is the registered owner of the motor vehicle and agrees to give the LESSOR a copy of the OR and CR. If the LESSEE is a corporation, the user of the leased premises must secure authorization from the corporation.
- The LESSOR will refund Five Hundred PESS (Php500.00) security deposit upon surrender of car pass and upon clearance with (Property Management Office) PMO provided that the LESSEE has no outstanding obligation to the LESSOR in which case the security deposit shall be applied.
IN WITNESS WHEREOF, the parties hereto have hereunto affixed their signatures this _______________ at _______________________________.
LESSOR: _____________________ LESSEE : ____________________________
Signature over Printed Name Signature over Printed Name
Date : ________________________ Date: _____________________________
Signed in the presence of:
_____________________ _____________________
ACKNOWLEDGMENT
Republic of the Philippines)
_____________________ ) SS.
BEFORE ME, a Notary Public for and in ___________________________ this ______________________ personally appeared the following persons whose identities I have confirmed through competent evidence of identity bearing their pictures and signatures as described below:
NAME | TYPE OF ID. | NUMBER | DATE AND PLACE OF ISSUANCE/EXPIRY DATE. |
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All known to me to be the same persons who executed the foregoing instrument consisting of ____ pages including this page where the Acknowledgment is written and they acknowledged to me that the same is their free and voluntary act and deed as well as that of the entities that they respectively represent.
WITNESS MY HAND AND SEAL at the place and on the date first-above written.
Doc. No. _______;
Page No. _______;
Book No. _______;
Series of ________.