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  • Renewal of Contract of Lease

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    ric rele
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    This document is a renewal of a lease contract between a lessor and lessee. It summarizes the key terms of the original lease, including that it was for a property located at a specific address. The renewal extends the contract for an additional period of time, from date to date. It maintains the same rental rate and rental deposit amount as outlined in the original contract. The terms and conditions of the original contract will remain in effect except where inconsistent with this renewal agreement. The lessor and lessee sign to acknowledge their agreement to the renewal.

    Original Description:

    Renewal

    Original Title

    Renewal of Contract of Lease (1)

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    This document is a renewal of a lease contract between a lessor and lessee. It summarizes the key terms of the original lease, including that it was for a property located at a specific address. The renewal extends the contract for an additional period of time, from date to date. It maintains the same rental rate and rental deposit amount as outlined in the original contract. The terms and conditions of the original contract will remain in effect except where inconsistent with this renewal agreement. The lessor and lessee sign to acknowledge their agreement to the renewal.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    30 views2 pages

    Renewal of Contract of Lease

    Uploaded by

    ric rele
    This document is a renewal of a lease contract between a lessor and lessee. It summarizes the key terms of the original lease, including that it was for a property located at a specific address. The renewal extends the contract for an additional period of time, from date to date. It maintains the same rental rate and rental deposit amount as outlined in the original contract. The terms and conditions of the original contract will remain in effect except where inconsistent with this renewal agreement. The lessor and lessee sign to acknowledge their agreement to the renewal.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    RENEWAL OF CONTRACT OF LEASE

    KNOW ALL MEN BY THESE PRESENTS:

    This RENEWAL OF CONTRACT of Lease is made by and between:

    ___________________________, of legal age, single and resident of


    ___________________________ hereinafter referred to as the LESSOR;

    -And-

    ___________________________, of legal age, single and resident of


    ___________________________ hereinafter referred to as the LESSEE;

    RECITALS:

    WHEREAS

    1. The LESSOR and LESSEE entered into Contract of lease on _______________ for the period of
    _______________ hereunto attached as Annex “A” and made integral part of this Renewal of
    Contract of Lease over that property located at ___________________________;

    2. The __________ offers to Renew the said Contract of Lease and the LESSOR accepts the offer
    under the same terms and conditions of the Original contract of Lease.

    NOW THEREFORE, for and inconsideration of the above premises, the parties hereby agree as
    follows;

    1. EFFECTIVITY:
    This Renewal Contract of Lease shall be from ___________ to ___________.

    2. RENTAL RATE:
    The monthly Rental Rate shall be __________________________________
    ______________________;

    3. TERMS AND CONDITIONS:


    The amount of ________________________________________________ made by the LESSEE to
    the LESSOR by way of rental deposit as per previous contract shall be applied to this contract as
    rental deposit;
    The LESSEE shall pay an additional amount of _______________________
    __________________________ in addition to the rental deposit previous made;
    The terms and condition stipulated in the original Contract of Lease dated __________________
    which are not inconsistent with the provision of this Renewal of Contract of Lease shall remain in
    full force and effort.

    IN WITNESS WHEREOF, the parties hereto have set their hands this this ____ day of
    _______________ at _________________, Philippines.

    LESSOR LESSEE

    SIGNED IN THE PRESENCE OF:


    REPUBLIC OF THE PHILIPPINES )
    ) S.S.

    ACKNOWLEDGEMENT

    BEFORE ME, a Notary Public for and in the place above mentioned personally appeared:

    NAME VALID ID

    Known to me and to me known to be the same person who executed the foregoing instrument
    and acknowledged to me that the same is her voluntary act and deed.

    WITNESS MY HAND AND SEAL this ____ day of _______________ at _________________,


    Philippines.

    Doc. No.
    Page No.
    Book No.
    Series of 2019

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