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Non Exclusive Lease Agreement Template for Philippines

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Key Requirements PROMPT example:

Non Exclusive Lease Agreement

"I need a Non-Exclusive Lease Agreement for a commercial office space in Makati City, Philippines, where I plan to lease one floor of my building to multiple small businesses starting March 2025, with provisions for shared common areas and flexible expansion options."

Document background
The Non-Exclusive Lease Agreement is a fundamental legal instrument in Philippine property law, designed for situations where a property owner (lessor) wishes to retain the right to lease other portions of their property to multiple tenants. This document is crucial in commercial, residential, and mixed-use properties throughout the Philippines, where shared or subdivided spaces are common. The agreement must comply with the Civil Code of the Philippines, the Rent Control Act (for residential properties), and various local government regulations. It typically includes comprehensive provisions for rent, utilities, maintenance, common areas, and dispute re红杏直播, while clearly establishing the non-exclusive nature of the lease. This type of agreement is particularly relevant in modern Philippine business districts and commercial centers where multiple tenants often occupy different portions of the same property.
Suggested Sections

1. Parties: Identification and details of the Lessor and Lessee, including complete legal names, addresses, and tax identification numbers as required under Philippine law

2. Background: Context of the lease arrangement, brief description of the property, and statement of non-exclusive nature of the lease

3. Definitions: Definitions of key terms used throughout the agreement, including Property, Common Areas, Permitted Use, and other relevant terms

4. Property Description: Detailed description of the leased premises, including exact location, measurements, and boundaries

5. Term and Renewal: Duration of the lease, commencement date, expiration date, and any renewal options

6. Rent and Payment Terms: Rental amount, payment schedule, mode of payment, and late payment penalties

7. Security Deposit: Amount of security deposit, terms of holding and return, and conditions for deductions

8. Utilities and Other Charges: Responsibility for utility payments, maintenance fees, and other related charges

9. Use of Property: Permitted uses of the property and restrictions on use

10. Maintenance and Repairs: Responsibilities of each party for maintenance, repairs, and improvements

11. Insurance and Liability: Insurance requirements and allocation of risks between parties

12. Default and Remedies: Events of default and available remedies for both parties

13. Termination: Grounds for termination and procedures for early termination

14. Governing Law: Specification of Philippine law as governing law and jurisdiction

15. Notices: Process and addresses for serving notices between parties

16. Execution: Signature blocks and notarization requirements as per Philippine law

Optional Sections

1. Common Areas: Details of common areas access and usage rules - include when property is in a multi-tenant facility

2. Subletting and Assignment: Terms for subletting or assigning the lease - include when subletting might be permitted

3. Alterations and Improvements: Rules for making modifications to the property - include when significant modifications might be needed

4. Force Majeure: Provisions for unforeseen circumstances - particularly relevant post-COVID or in areas prone to natural disasters

5. Environmental Compliance: Environmental obligations and compliance requirements - include for industrial or commercial properties

6. Parking: Parking rights and restrictions - include when property includes parking facilities

7. Signage Rights: Rules regarding installation and maintenance of signs - include for commercial properties

8. Operating Hours: Restrictions on hours of operation - include for commercial properties in mixed-use buildings

Suggested Schedules

1. Schedule A - Property Floor Plan: Detailed floor plan showing the leased area and measurements

2. Schedule B - Inventory List: List of any furnishings, fixtures, or equipment included in the lease

3. Schedule C - House Rules: Building or property rules and regulations

4. Schedule D - Fit-out Guidelines: Guidelines for any permitted modifications or improvements

5. Schedule E - Utility Meters: Initial meter readings and meter numbers for utilities

6. Appendix 1 - Required Permits: List of permits and licenses required for property use

7. Appendix 2 - Maintenance Schedule: Schedule of regular maintenance activities and responsibilities

8. Appendix 3 - Payment Schedule: Detailed breakdown of rent, deposits, and other charges

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































Clauses






































Relevant Industries

Real Estate

Commercial Property

Retail

Office Space

Industrial

Residential Property

Hospitality

Manufacturing

Warehousing

Co-working Spaces

Mixed-use Development

Healthcare

Education

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Administration

Risk and Compliance

Procurement

Property Management

Asset Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Corporate Lawyer

Business Development Manager

Operations Manager

Chief Financial Officer

Real Estate Agent

Leasing Manager

Asset Manager

Commercial Director

Procurement Manager

Administrative Manager

Risk Manager

Compliance Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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