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Residential Lease Agreement In The Philippines

I would like to discuss the current situation, especially the one we have been renting for 29 years. Our owner wants to sell the place. I agree. After a week, he says he wants the house back. Because of offering him another person with a higher amount. What do we do? And finally, he said he wanted to use it for the economy. Can you advise me, please? Thank you very much. 10. LEASE EXPIRATION: At the expiry of the lease or termination, as stipulated here, LESSEE will immediately provide the LESSOR with the premises rented with all the appropriate keys and in a condition as good and durable as today, ordinary wear without all occupants, moving furniture, objects and effects of any kind.

The non-compliance with the provisions of this clause by LESSEE gives LESSOR the right to refuse the acceptance of the premises after its election and to compel LESSEE to pay the rent at the same rate plus twenty-five (25) % including a penalty until the LESSEE has complied with the above conditions. The same penalty is imposed if the LESSEE does not leave the premises at the expiry of this lease or termination agreement for any reason. Regards! I`m in a situation like, our contract was valid 2 years 1. June 2009, 15k monthly rental.as listed in the contract 1mos deposit, 1 month`s rent and 12 months after the cheques dated as a one-year rent… Suddenly, new owners arrived in our place June 28, 2010 and verbally say that we have to evacuate the premises on June 30, 2010 because they owned it now… We have no idea that the previous owner we signed sold the lease to our neighbor. Can the new owner evict us so quickly? What can we do with the old owners… I bought property in Bacolod under my name fiancenc© in tears 2010 regarding marriage and we got married, in 2012.after 11 months in marriage, the marriage broke down and we broke up. We also got a back seat to settle the real estate issues, as the property has become an absolute common property and a compromise agreement between the two parties who sell the property. 50/50 of the totality, and that we meet the respective obligations and obligations, that have been agreed, as agreed, we both have to sign the title deed, but my problem is that the second party does nothing to sell the property, and neither to get in touch with it will not be provided because she changed her phone number, the only way to contact her is by email, even if she does not respond to what I can do. I have a few interested customers in the property and they accepted the original title of the deeds and also for the sale of the property.but I can`t get in touch with it and so many interested customers were disappointed. Where I`m going or what I can do.

Could you advise me? Thank you very much.

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