Legal Question in Landlord & Tenant Law in Philippines

Reservation

The tenant already signed our reservation form, at the bottom of our form says: Note: The whole reservation amount will be forfeited in case the tenant decide to withdraw or back out. Is this internal ruling will be consider legal when it comes to rental law.

Asked on 1/24/08, 7:08 pm

1 Answer from Attorneys

Reynaldo Destura Destura & Associates Law Offices

Re: Reservation

yes. this duly signed agreement with such a stipulation is valid

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Answered on 1/24/08, 7:30 pm


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