Free rent to own contract 07Free rent to own contract 07Free rent to own contract 07
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RENT TO OWN
CONTRACT

This Contract of Lease with Option to Purchase (Rent-to-Own Contract) made
and executed this
of
20
Manila, Philippines by and between.

post address at

, Filipino, of legal age, single/married to, with
, hereinafter referred to as the LESSOR/SELLER.
-AND –

postal address

, Filipino, of legal age, single/married to, with
, hereinafter referred to as the LESSEE/BUYER.

WITNESSETH
:
THAT, for and in consideration of the payment of rent and the faithful compliance by
the LESSEE/BUYER of all the stipulations and covenants hereinafter contained, the
LESSOR/SELLER has agreed to lease unto the LESSE /BUYER the premises located at
, City of Manila under the following terms and conditions.

1. PURPOSE: That the premises hereby leased shall be used exclusively by the

2.
3.
4.

5.

6.

7.

LESSE/BUYER for residential purposes only and shall not be diverted to other uses. It
is hereby expressly agreed upon that if at any time the premises are used for other
purposes, the L