SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness ---HOUSE LEASE CONTRACT WITH FOREIGNER 1/ LESSOR PARTY PARTY A Husband : Id card – Passport N0 : And Wife : Id card – Pa
Trang 1SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness
-HOUSE LEASE CONTRACT WITH FOREIGNER 1/ LESSOR PARTY (PARTY A) Husband : Id card – Passport N0 : And Wife : Id card – Passport N0 : Both residing at : Upon house proprietorship certificate and land use right certificate N0 ……… issued by People’s Committee of Hochiminh City on ………
Registration declaration on ………
2/ LESSEE PARTY (PARTY B) Company : ………
Establishment license N0 : By Mr : ……… , Nationality: ………
Date of birth : ………
Passport N0 : ………
Issued on : ……… , Expiry date ………
Position : DIRECTOR Assisted by the interpreter : ………
ID card N0 : ………
Mutually agree to enter into the lease contract concerning the house N0 PURPOSE OF POSITIVE USE: Rented area : ……… square meters Purpose of rent : Representative office and lodgment Equipments and appliances including (upon report signed between two parties) Duration of rent : 01 year (one year) beginning on ………
Rental : ……… (VND four million/month)
This rental does not include fees of use of electricity, water, telephone, sanitary use, building administration, business tax, rent tax (such fees shall be born Party B upon payment invoices)
Trang 2Mode of payment:
- In cash (VND)
- Periodical payment : ……… months once carried out on the 15th day
of early term of Gregorian calendar
- Deposit : ……… ( writing)
This amount shall be reimbursed by Party A upon liquidation of contract If Party B unilaterally terminates the contract prior to expiry date, it should lose the deposit amount On the contrary if Party A unilaterally terminates the contract prior to expiry day it should reimburse Party B the deposit amount and
at the same time compensate to Party B an amount equal to the deposit amount This amount will be reimbursed by party A at liquidation date of contract
- Two Parties mutually affirm respective responsibility as follow:
A – LESSOR PARTY’S RESPONSIBILITY:
1 - Handing over the house with equipments and appliances and facilities to the lessee Party on the date of effectiveness of contract;
2 - Assuring full right of using the house to Lessee Party
3 - Repairing at time aux damage occurred by act of God;
4 - Instructing Lessee Party to carry out strictly construction regulation
of Vietnam
5 - In case termination of the contract prior to expiry date, to advise Lessee Party 03 months in advance
B – LESSEE PARTY’S RESPONSIBILITY:
1 - Paying rental on time determined
2 - Using house right upon purpose Any reparation, improvement upon own requirement should be agreed by Lessor Party and meet construction regulations of Vietnam
3 - Being responsible for damages, loss of interior decoration articles occurred to Party A during using house – Self maintaining personal, individual article
4 - Carrying out regulation of environmental hygiene and common order, security in residential area
5 - Prohibited of transfer of contract or re-renting to third party In case termination of contract prior to expiry date, to advise house owner 03 months in advance If wishing to continue to rent, to advise house owner 01 month (one)
in advance
Trang 3TWO PARTIES UNDERTAKE:
1 - Implementing strictly the contract being signed in case of any dispute
or either Party breaching the contract, two parties will request a Tribunal for settlement
2 - Termination of house lease contract could be carried out in following circumstances:
- The contract is at the expiring date
- Lessee Party is expelled or has its business license in Vietnam revoked
- Upon proposal of one Party which is accepted by the other Party or upon legal regulation
This contract is made in 04 pages; include 02 pages in Vietnamese and
02 pages in English language, Each Party holding 01 page in Vietnamese and
01 page in English
On July 15th 2007