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  1. Sep 23, 2020 · Rental Law Philippines: What You Need to Know. Two laws regulate residential and commercial leases in the Philippines: the Rent Control Act and the Civil Code. Here are the key differences between the two rental laws in the Philippines.

  2. Jul 27, 2023 · In the Philippines, two laws govern residential and commercial leases: the Rent Control Act and the Civil Code. Below are the details about the primary rental law governing housing units whose rent does not breach the 10,000 PHP per month mark.

  3. Apr 22, 2024 · In the Philippines, the regulation of rent increases for commercial spaces is governed by the Rent Control Act of 2009 (Republic Act No. 9653). This law aims to protect tenants, including lessees of commercial spaces, from arbitrary and excessive rent hikes by landlords.

  4. Understanding Philippine rental law for commercial properties is essential for landlords and tenants alike. By familiarizing yourself with the legal framework and seeking professional guidance when necessary, you can navigate commercial rental agreements with confidence and avoid potential disputes. Philippine Rental Law: Commercial Contract.

  5. Jan 4, 2015 · The Rent Control Act of 2009 (R.A. No. 9653) states that the lessor or the landlord is not allowed to increase the rent more than seven (7) % annually if the unit is occupied by the same tenant. The lessor is only allowed to change the rate for new tenants once the unit becomes vacant.

  6. Apr 9, 2024 · Legal Framework. The Philippines' legal system provides a structured approach to rental agreements and adjustments therein. The governing law for leasing commercial spaces is primarily the Civil Code of the Philippines, which sets the foundation for contractual agreements between parties.

  7. Thus, any substantial increase in rental rates of commercial spaces not, only negatively affects small and mediim enterprises but also detrimentally impacts on employee income, including earned benefits, and employment potential. These are compelling reasons to enact a law to regulate the rent and protect small