SERVICE AGREEMENT

CLIENT INFORMATION: (as indicated in your Contract to Sell, Deed of Sale, or Title)
NAME: EMAIL ADDRESS:

MAILING ADDRESS: CONTACT NOS:

Representative Details: (please provide notarized Special Power of Attorney and valid ID of Attorney-In-Fact)
NAME: RELATIONSHIP: EMAIL ADD:

ADDRESS: TEL. NOS:

PROPERTY INFORMATION (as indicated in your Contract to Sell, Deed of Sale, or Title)
Unit or Parking No.: Tower/Bldg.: _____ Type:
Project: _________ Residences ☐Studio ☐1 BR ☐2 BR ☐PH ☐COMBINED
Min. Accepted Lease Rate (incl. of Assoc. Dues): Php _________ Set up:
Min. Accepted Lease Term: __________ months ☐Bare ☐Semi Furnished ☐Fully Furnished

Unit or Parking No.: Tower/Bldg.: _____ Type:

Project: _________ Residences ☐Studio ☐1 BR ☐2 BR ☐PH ☐COMBINED
Min. Accepted Lease Rate (incl. of Assoc. Dues): Php _________ Set up:
Min. Accepted Lease Term: __________ months ☐Bare ☐Semi Furnished ☐Fully Furnished

Unit or Parking No.: Tower/Bldg.: _____ Type:

Project: _________ Residences ☐Studio ☐1 BR ☐2 BR ☐PH ☐COMBINED
Min. Accepted Lease Rate (incl. of Assoc. Dues): Php _________ Set up:
Min. Accepted Lease Term: __________ months ☐Bare ☐Semi Furnished ☐Fully Furnished

OTHER IMPORTANT INFORMATION:

TERMS AND CONDITIONS

A. SMDC Leasing shall be the non exclusive accredited leasing broker for the unit/s stated in the PROPERTY INFORMATION list.
B. For every closed/transacted lease, SMDC Leasing shall be entitled to receive a service fee based on the rate sheet below (all rates are 12%
VAT inclusive), payable in full, 15 working days after the signing of the Contract of Lease between the lessor and lessee.

SERVICE FEE RATE SHEET*

TERM COMMISION AMOUNT
1 to 5 months Php 3,000
6 to 11 months equivalent to half month rent
12 months equivalent to 1 month rent

For closed lease on Parking Space, service fee will be based on the same rate sheet, with minimum of Php 3,000 net amount.

Please note that SMDC is entitled to the aforesaid service fee for every closed/transacted lease and/ or lease renewal.

C. In case of pre-termination of Lease Contract, Service Fee is not refundable.

D. Payments for lease rentals and SMDC Leasing Service Fees shall be through Post Dated Checks (PDC’s), unless otherwise approved by unit
owner (for residential lease rentals only).

DUTIES & RESPONSIBILITIES

A. LESSOR
a. To deliver the unit/s in tenantable condition.
b. To provide SMDC Leasing with a list of all the furniture to be provided if the said unit/s will be leased out with furniture. It is
understood, however, that the ownership, proper maintenance of the unit/s and its furnishings, if any, shall be the sole
responsibility of the lessor. The lessor holds SMDC free and harmless from any form
of liability arising from the lease, including any breach thereof, non-maintenance of the unit/s and any misrepresentation of the
lessor and/ or lessee with respect to the unit/s.
c. To inform the lessee and SMDC Leasing of the true state of the unit/s for leasing and address any concerns by the tenant in
connection with the unit/s.
 SERVICE AGREEMENT
d. To provide all supporting legal documents needed for the processing of the Lease Contract
e. To pay for all related charges including charges for Notarization.

B. SMDC
a. To duly inspect unit/s for lease, to ensure that the unit/s is in tenantable condition, prior to offering unit/s for lease.
b. To assist in providing standard lease contract, if necessary, between Lessor and Lessee.
c. To assist the lessor in finding a suitable tenant for the aforementioned unit/s.
d. To exert efforts in marketing the unit.

OTHER PROVISIONS
A. During the effectivity of this Service Agreement and / or termination thereof, SMDC Leasing agrees to actively protect proprietary
data/documentation/information by not disclosing to anyone confidential data/documentation/information belonging to the lessor.

B. No alterations and variations of the terms and conditions hereof shall be binding against SMDC Leasing unless the same have been reduced
in writing and signed by the lessor and the duly authorized representative of SMDC Leasing.

Please send (4 copies) of the signed Service Agreement, Notarized Special Power of Attorney (if applicable) together with a copy of one (1) valid
government issued ID to our office address:

SMDC Leasing Department, 15th Floor Tower B Two E-com Center Building, Bay Shore Drive Mall of Asia Complex, Bay Boulevard, Pasay
City. You may also send an advanced copy via email to smdc.leasing@smdevelopment.com. Original copy still required.

If you agree with all the aforementioned conditions, please affix your signature on the first page and on the space provided below.

In Witness Whereof, the LESSOR or its authorized representative(s) and the authorized representatives of SMDC have caused these presents to be
signed on the date and at the place specified above.

Signature over Printed Name

_____________________________________________________
LESSOR

SM DEVELOPMENT CORPORATION
By:

Signed In the Presence Of:

Acknowledgement

Republic of the Philippines )

City of Pasay ) S.S.

Before Me, a Notary Public, on this ___________ day of ___________________ at _____________________, personally appeared the following:

Name Passport No./SSS No. Date / Place of Issue

Known to me to be the same persons who executed the foregoing instrument and they acknowledge to me that the same is their free and voluntary act and deed as
well as those of the principal therein represented.

This Service Agreement consists of 2 pages, including this page where this Agreement is written. Each page of this Service Agreement has been signed by the parties
and their instrumental witness on all the pages hereof and every page of which is sealed with my notarial seal.

Witness my Hand and Notarial Seal on the date and at the place hereinabove mentioned.

Doc. No. ________:

Page No. ________:
Book No. ________:
Series of 20__