FAQs for Prospective Tenants
This FAQ is intended to provide immediate responses to various questions and concerns raised either by the existing or interested lessees.
Important Notes to be Considered:1. How do I communicate / inquire for leasing at DMCI Homes?
Response: There are two (2) ways. First, through Corporate Channels (lease inquiry via company website, social media accounts, walk-in, email, phone call, corporate employees). Second, through Non-Corporate Channels (through personal ads and efforts of leasing agents and their brokers)2. How do I reach DMCI Homes Leasing?
Response: There are four (4) ways to contact us:
- Website: (https://leasing.dmcihomes.com/)
- Landline: 8403-7368, Trunkline: 8555-7777 loc. 7368
- Mobile number: 09178817368
- Social Media Account: DMCI Homes Leasing Services (Official Facebook Page)
3. How much is the monthly rent?
Response: Rates are dependent on the various factors, such as, but not limited to: Project, Location, Unit Size, Unit Dress-Up, Unit View, and Lessor’s Rate Preference. Please contact us for more specific rates applicable to your preferred property.
Rental rate is fixed for original agreed term subject to 10% escalation during renewal of lease.4. What is the mode of payment?
Response: DHLS requires 1-month advance payment and 2 months Security Deposit. The rest of the payments should be made via Post-Dated Checks (PDCs) payable to the lessor.5. What’s the purpose of security deposit?
Response: The security deposit is intended to protect the unit owners from undue costs incurred due to unpaid bills, damages, or losses to the leased premises during occupancy. The security deposit is refundable upon the expiration of the lease, provided compliance with all lease conditions. The refund shall be net of any deductions such as damages beyond normal wear and tear, cleaning costs, unpaid utilities, lost or damaged items (furnished) and any outstanding rent.6. What requirements do I need to accomplish or submit?
- Tenant Information Sheet with 2x2 ID Picture
- 2 Valid ID’s of the Lessee
- Alien Certificate of Registration (for Foreign Lessees)
- Duly signed Lease Agreement – form to be provided by DHLS
- Duly signed House Rules and Regulations – form to be provided by DHLS
- Duly signed Lease Certificate of Handover and Acceptance – form to be provided by DHLS
- Duly signed Statement of Account - form to be provided by DHLS
- Duly signed Inventory list (applicable to Semi-furnish & Fully-Furnish units) - form to be provided by DHLS
- Filled out Survey Form – form to be provided by DHLS
7. What other charges do I have to expect during my tenancy period?
Response: Lessee shall be responsible for the following:
- All personal bills and utility charges such as electricity, water, telephone, cable subscription, and WIFI charges.
- The association dues will on the account of the lessee if the contract is exclusive of it. However, Share on Common Area (Electric & Water) is normally shouldered by the lessee. Association dues and share on common area are billed monthly by the Property Management Office (PMO).
- The lessee shall keep the Leased Premises clean and in sanitary condition. As a rule in the lease agreement, repairs amounting to P7,500.00 or less will be shouldered by the lessee. Beyond this threshold will be shouldered by the lessor. However, repairs that are results of the lessee’s negligence will be incurred by the lessee.
8. Who prepares the Lease Contract?
Response: DHLS prepares a standard Lease Agreement (on behalf of the lessor) which reflects the general agreements and rights of both lessee and lessor. Special agreements and clauses that are not specified therein may be included upon agreement of both parties.9. What is the typical lease term?
Response: For the purpose of defining lease term, please refer below:
- Short-term Lease (STL) – Six (6) months and below
- Medium-term Lease (MTL) – Minimum of six (6) months up to 11 months
- Long-term Lease (LTL) – One (1) year and above
10. Do I have automatic lease renewal rights?
Response: The lease term is renewable and extendable depending upon mutual agreement of both parties subject to 10% escalation depending on lessor’s prerogative. The lessee is required to notify the lessor through written notice of extension or renewal at least sixty (60) days before expiration of the contract. The lessor and the lessee should execute renewal of Lease Agreement at least one (1) month before the actual expiration of the existing lease duration.11. Can I sublet the property or assign/transfer my rights to anyone?
Response: Per standard Lease Agreement, the lessee cannot sublease the unit or transfer its right to another party unless approved in writing by the Lessor. Any violation of this provision shall put the lessee in default.12. When can a lessor enter the premises that are already tenanted?
Response: The lessor or its authorized agent after giving due notice to the lessee shall have the right to enter the Leased Premises in the presence of Lessee or its representative at any reasonable hour to enter the unit for the purpose of inspection and/or offer the Leased Premises for prospect buyer. The lessee hereby agrees to cooperate with the lessor in keeping the Leased Premises in good occupancy condition.13. What happens if I pre-terminate the lease contract?
Response: The lessee shall be considered in default and shall suffer the consequences of default as stated in lease agreement. Other exclusions, wherein the pre-termination of lease due to other reasons which the Lessor initiates undue cause or any form of harassment verbal or physical, any violation of any terms and agreement entered into by both party, the lessee shall be declared free of any liabilities and will not suffer the consequences of default.14. What are the consequences of default in the Lease Agreement?
Response: Upon the dishonor by the bank of any issued post-dated checks, delayed and non-deposit of cash payment on the agreed timeline, representing the lessee’s rental payments and/or the violation of any of the terms and conditions stated on Lease Agreement and House Rules by the lessee, the lessor may immediately declare, without need of a written notice, the lessee in default. Upon the lessee being in default, the lessor shall, exercise, in addition to any other remedies stated on Lease Agreement.15. Can the lessee initiate renovation work of the rented unit without informing the Lessor and PMO?
Response: The Lessee shall not make substantial structural alteration and improvement on the Leased Premises without prior written consent of the Lessor. Once agreed, it is the lessor who will coordinate with PMO for the application of renovation request. A comprehensive renovation guideline will be provided through the PMO. All structural alteration and improvement will be on own expense of Lessee. Upon termination of Lease Agreement, all structural alteration and improvements will become property of the Lessor without any obligation to refund cost to the Lessee.16. Are there limits in unit occupancy?
Response: Yes, the lessee shall observe the maximum occupants [depending on unit size and bedroom] as set by the property for safety and security.17. What are my responsibilities as a Lessee?
Response: It will be stipulated in the Lease Agreement.18. Is House Rules implemented in the property? Are there fines?
Response: The lessee shall comply with any and all rules, regulations and policies currently existing or which may be promulgated from time to time by the lessor as well all the House Rules and Regulation implemented by the Condominium Corporation or any rules, regulations, ordinances and laws established by all duly constituted authorities of the Municipal/City or National Government arising from or regarding the use, occupancy, sanitation and pollution of the Leased Premises.
The Condominium Corporation / Homeowners Association, through the PMO, has policy on imposition of fines on House Rules violations.