Sunday, November 1, 2015

Acknowledgment Receipt With Compensation



Acknowledgment Receipt with Compensation

This acknowledges receipt of __________________ Pesos (PhP_________.00), Philippine Currency, from ____________________ (LESSEE) of ____________________, Philippines, for rental payment of premises of ________________ (LESSOR)  along ___________________, Philippines for the month of ______________ 2015.

LESSEE, on the other hand, by way of compensation under Art. 1278 of the Civil Code, acknowledges receipt of ____________________ Pesos (PhP_______________.00) as partial reimbursement (1st of 6 installments) of PhP_____________.00 in Lessor’s arrears to water utility company paid by Lessee.
     
____________________, 2015, ____________________, Philippines.


______________________                              ______________________
            Lessor                                                              Lessee