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Thread: Residential rental agreement.

  1. #1
    Respected Member keith britten's Avatar
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    Residential rental agreement.

    Hi, I am looking into renting a house on Samal Island but I'm worried about a rental agreement. I would prefer a written contract but I'm not sure what is the norm here. My wife says it's usually 30days termination on either side which does'nt sound to good a deal to me. The person renting the house wants 1 month + 1 month deposit up front which sounds fine but she has'nt mention the length of the lease yet, can I ask for a 1 year lease, renewable? Some help would be apprieciated here.Thanks.


  2. #2
    Respected Member tiger31's Avatar
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    just bear in mind that many so called written agreements are not worth the paper they are written on.As a foreigner you don,t have many rights if any .just prey that your landlord/landlady is a decent person and don,t get involved in any legal stuff here thats for sure .I would just ask for the one year to start with and tell them it might be on going after that.you will unlikely to get back any deposit so just take it in rent good luck.oh and take pictures of the whole place as to the condition of the house in case you get pulled for damages that you did,nt do.


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    Trusted Member jake's Avatar
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    Quote Originally Posted by tiger31 View Post
    just bear in mind that many so called written agreements are not worth the paper they are written on


    There are rules and there is reality! You can ask for a 1 year lease, renewable but there is no guarantee that it will be honored. The closest you would get to taking the case to court would be a Barangay hearing

    Rental deposits vary from area to area. One month deposit and one month in advance is common. We rent out a couple of properties and the tenants usually stop paying the rent and use the deposit for the last months rent. None of our property has a set lease date.


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    Trusted Member stevewool's Avatar
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    but if the right person came along and wanted a 1 year lease would you give it jake


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    Trusted Member jake's Avatar
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    Quote Originally Posted by stevewool View Post
    but if the right person came along and wanted a 1 year lease would you give it jake
    Yes as long as it wasn't some whingeing pom
    We have had someone stay in a little house we own for over 5 years. No lease agreement and they have payed us on time every month. Even if we had another plan for the house i would never ask them to move unless we desperately needed to sell the place because of financial problems.


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    Respected Member Michael Parnham's Avatar
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    We never had a problem renting our apartment in Dumaguete, we paid one month in advance and one month deposit with a one year contract and we signed up for a second year but we surrendered the deposit because after five months of the second year Maritess 'visa' arrived and we came to UK, therefore breaking our contract so everything was done properly and we were happy with that!


  7. #7
    Respected Member tiger31's Avatar
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    Its like everything else you get good and bad tennants as well as landlords its finding the good ones thats the problem lol


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    Good thread this.....................


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    Respected Member keith britten's Avatar
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    Thanks guys, all your comments taken onboard. Will be going back to Samal on Tuesday to hopefully do the deal, I'll keep you informed.


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    Trusted Member jake's Avatar
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    Quote Originally Posted by keith britten View Post
    Thanks guys, all your comments taken onboard. Will be going back to Samal on Tuesday to hopefully do the deal, I'll keep you informed.
    Good luck. I am sure whatever agreement you come to will work out fine.


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    Trusted Member stevewool's Avatar
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    Kieth what price are you looking at paying for this place and what are you getting for the price too


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    Quote Originally Posted by keith britten View Post
    Thanks guys, all your comments taken onboard. Will be going back to Samal on Tuesday to hopefully do the deal, I'll keep you informed.
    We've been to Samal a few times. We both really like it there. Bet it gets really 'touristy' at times.
    Last time there we stayed at Maxima

    Very nice Island imo


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    I've rented a few places in the Phils over the years...never had any problems.

    One month rent plus one month's rent deposit is pretty normal.

    My last place we were in for 3 years, renewable annually. At that point the landlord may ask for a 10% increase in rent (which I believe they're entitled to do )

    I agree, take dated PHOTOS of the place before you occupy it, and periodically, to cover yourself against any damage claims.

    You'll also need deposits for services... electric and water.

    As with any landlord, just COMMUNICATE with them about any changes you want to make...running a business from the property etc, and things will go a lot more smoothly.


  14. #14
    Respected Member keith britten's Avatar
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    Quote Originally Posted by stevewool View Post
    Kieth what price are you looking at paying for this place and what are you getting for the price too
    We agreed with the owner P5,000 pm last week but when we go back on Tuesday I'm sure the price will have gone up because I'm a foreigner. If thats the case I will walk away.


  15. #15
    Respected Member Michael Parnham's Avatar
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    Quote Originally Posted by keith britten View Post
    We agreed with the owner P5,000 pm last week but when we go back on Tuesday I'm sure the price will have gone up because I'm a foreigner. If thats the case I will walk away.
    You shouldn't have a problem with rent price changing, because they will know you'll find out what others are paying and they don't want to lose your business!


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    ....plus you'll end up walking away from every property you look at.


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    Respected Member keith britten's Avatar
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    Quote Originally Posted by Michael Parnham View Post
    You shouldn't have a problem with rent price changing, because they will know you'll find out what others are paying and they don't want to lose your business!
    Hmmm,maybe. We were toldabout the property by a freind who said the owner wanted P5000, when we went to view the owner saw a foreigner and the rent went up to P6000. After my wife negociated with the owner it went back down to P5000.


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    In some ways it works FOR you, being a foreigner.

    A good chance you can afford the rent, will pay on time and won't trash the place.


  19. #19
    Respected Member tiger31's Avatar
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    it amazes me that an owner here would rather see a property sitting empty for a few months than lower the rent .The old crab mentality lol


  20. #20
    Respected Member keith britten's Avatar
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    Sorted, deal done. Got a 1 year renewable lease in writing. Thanks for all your help guys.


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    Quote Originally Posted by keith britten View Post
    Sorted, deal done. Got a 1 year renewable lease in writing. Thanks for all your help guys.
    Wow, well done. I admit to being more than just a little bit envious .............
    Nice place to be.........................


  22. #22
    Respected Member keith britten's Avatar
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    Quote Originally Posted by Terpe View Post
    Wow, well done. I admit to being more than just a little bit envious .............
    Nice place to be.........................
    Thanks Terpe. Samal is a lovely place and Kaputian is very friendly a peacefull. We are up on the hill about 2 minutes walk from Kaputian centre and white sand beach.


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    Respected Member Bluebirdjones's Avatar
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    Keith ..... any news regarding the bridge ? LOL !
    No man is an island, but Barry is


  24. #24
    Respected Member keith britten's Avatar
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    Quote Originally Posted by Bluebirdjones View Post
    Keith ..... any news regarding the bridge ? LOL !
    It will never happen.


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