NON-EXCLUSIVE AUTHORITY TO LEASE

To:____________________________(BROKER)PRC REB NO. __________________

The above-mentioned real estate broker is hereby authorized to look for possible lessee/s to our property hereinafter described below and subject to the following terms and conditions.

(property description here)

1. MONTHLY RENTAL: _____________________ (PHP )2. SECURITY DEPOSIT: _____________; or equivalent to two (2) months rental3. TERMS OF PAYMENT: DEPOSIT AND MONTHLY ADVANCEMENTS4.COMMISSION: EQUIVALENT TO ONE (1) MONTH LEASE RENTAL5. PERIOD OF LEASE: _________________________6. VALIDITY: This authority is valid for a period of ninety (90) days or until ________________. 7. NON EXCLUSIVITY. The authority hereby given is non-exclusive to the afore-mentioned broker.8. WARRANTY. The undersigned hereby certifies that he/she is the absolute and registered OWNER of the above described property and that said property is free and clear from any liens or encumbrances other that those annotated in the original copy of the title on file with the proper Registry of Deeds.

IN WITNESS WHEREOF, I have hereunto affixed my signature this ______ day of __________, 2014, in the City of Cebu, Philippines.

OWNER

ACCEPTED BY:

_________________________________BROKER