Mr. Mark Gonzales
14th Carnation St, Bel-Air,
Makati City
Re: (Address of property) more or less; covered
by T.C.T. No. ______________
Dear Mr. Gonzales,
This is to express our firm offer to buy the above stated property through our authorized brokers, Alex Ortiz, subject to the following terms and conditions:
Purchase Price PhP: _________________Terms and Conditions:
1) Upon acceptance of this offer, earnest money in the amount of amount in words (Php:________) shall be paid and shall be credited as part of the purchase price.
2) The balance, in the amount of amount in words (Php:________) shall be paid in full within 15 working days.
3) The Capital Gains Tax and Broker's commission shall be for the account of the SELLER, while the Documentary Stamps, Transfer Tax and Registration Fees shall be for the account of the BUYER.
If the above terms and conditions are acceptable to you, please signify your conformity by signing on the space provided below.
Truly yours,
_________________
Gerald Tan, Jr.
(Buyer)
Conforme:
_________________
Victor Benitez
(Seller)
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT TO SELL, made and executed this ____ day of _________, 20__ by and between:
(NAME OF SELLER /VENDOR), of legal age, single/married to (Name of spouse if any), Filipino, and with residence and postal address at (Address), hereinafter referred to as the "SELLER/VENDOR";
-AND-(NAME OF BUYER/VENDEE), Filipino and with residence and postal address at (Address), hereinafter referred to as the "BUYER/VENDEE".
WITNESSETH;
WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of land consisting of LAND AREA IN WORDS (000) square meters, more or less, located at (Address of property to be sold) and covered by Transfer Certificate of Title No. (TCT Number) issued by the Registry of Deeds of (Name of Town or City);
WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /VENDOR has agreed to sell the above mentioned property under the terms and conditions herein below set forth;
NOW THEREFORE, for and in consideration of the total sum of (Amount in words) (Php: 000,000.00) Philippine Currency, and of the covenants herein after set forth the SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the aforesaid property subject to the following terms and conditions:
1. The total consideration shall be Two Million (Php: 2,000,000.00) PESOS, Philippine Currency, payable as follows:
a) The amount of THREE HUNDRED THOUSAND (Php: 500,000.00) PESOS, representing earnest money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon signing of this Contract to Sell;
b) The remaining balance in the amount of SEVEN HUNDRED THOUSAND (Php: 1,500,000.00) PESOS, shall be paid in Cash on or before ___________, 20__.
c) In case the check representing the payment for the balance provided in paragraph b hereof, is dishonored by the drawee bank, the earnest money in the amount of THREE HUNDRED THOUSAND (Php: 500,000.00) PESOS, shall be forfeited in favor of the SELLER/VENDOR.
2. Capital Gains Tax and Real Estate Tax, shall be for the account of the SELLER/VENDOR;
3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other miscellaneous fees and expenses shall be to the account of the BUYER/VENDEE;
4. Possession to the subject property shall be delivered by the SELLER/VENDOR to the BUYER/VENDEE upon full payment of the total consideration;
5. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute a DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall likewise execute and/or deliver any and all documents, including but not limited to the original copy of Transfer Certificate of Title, Tax Declaration and all other documents necessary for the transfer of ownership from SELLER/VENDOR to the BUYER/VENDEE.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___ day of ____________, 20__ at ______________________, Philippines.
(SELLER/VENDOR) (BUYER/VENDEE)
Name Name
WITH MARITAL CONSENT:
_____________________ ______________________
Name of Seller/Vendor's Spouse Name of Buyer/Vendee's Spouse
SIGNED IN THE PRESENCE OF:
_______________________ ______________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
_____________________________ ) SS.
BEFORE ME, a Notary Public, this ____________day of ________________, personally appeared the following:
Name CTC Number Date/Place Issued
(Name of Seller/Vendor) 00000000 March 5, 20__ / Pasay City
(Name of Buyer/Vendee) 00000000 March 18, 20__ / Quezon City
This instrument, consisting of ___ page/s, including the page on which this acknowledgment is written, has been signed on the left margin of each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above written.
Notary Public
Doc. No. ........;
Page No. .......;
Book No. .......;
Series of 20__.
THIS IS TO AUTHORIZE (Name), of legal age, a resident of (Address) , to do and perform any and all of the following acts:
(In case of a corporation, replace above with: THIS IS TO AUTHORIZE [Name of Corporation], a domestic corporation existing under and by virtue of the laws of the Philippines, with principal office located at [Address], to do and perform the following acts:)
TO RENT my house and lot located at (Address), more particularly described as follows:
Block No. _________ Lot No. __________
Lot Area: __________ square meters
Transfer Certificate of Title No. __________
(In case of rent, replace above with: That (Name /Corporation) shall receive a commission fee equivalent to ONE MONTH RENT as stipulated in the Rental /Lease Contract, payable upon the execution of the instrument.
In case of renewal of lease, (Name /Corporation) shall receive an equivalent of ONE MONTH RENT for every year of lease as stipulated in the Rental /Lease Contract, payable upon the execution of the instrument.)
This exclusive (or Non-Exclusive) authority shall become ineffective only after 30 (60 or 90) days from receipt of either party of a written notice terminating such authority.
_______________________________
OWNER
Signature Over Printed Name
Name of Owner: ________________________________
Spouse: ________________________________________
Home Address: _________________________________
Telephone Nos. _________________________________
Office Address: _________________________________
Telephone Nos. _________________________________
Date: _______________________
THIS IS TO AUTHORIZE (Name), of legal age, a resident of (Address) , to do and perform any and all of the following acts:
(In case of a corporation, replace above with: THIS IS TO AUTHORIZE [Name of Corporation], a domestic corporation existing under and by virtue of the laws of the Philippines, with principal office located at [Address], to do and perform the following acts:)
TO SELL my house and lot located at (Address), more particularly described as follows:
Block No. _________ Lot No. __________
Lot Area: __________ square meters
Transfer Certificate of Title No. __________
That (Name /Corporation) shall receive a commission fee equivalent to FIVE (5%) PERCENT of the total selling price as stipulated in the Deed of Sale or Contract to Sell, payable upon the execution of the instrument.
This exclusive (or Non-Exclusive) authority shall become ineffective only after 30 (60 or 90) days from receipt of either party of a written notice terminating such authority.
_______________________________
OWNERSignature Over Printed Name
Name of Owner: ________________________________
Spouse: ________________________________________
Home Address: _________________________________
Telephone Nos. _________________________________
Office Address: _________________________________
Telephone Nos. _________________________________
Date: _______________________
KNOW ALL MEN BY THESE PRESENTS:
WE, (Insert Name of Principal) single/married (insert name of spouse if married), of legal age, with residence and postal address at (Address) do hereby APPOINT (Insert name of Agent /Attorney-In-Fact) single/married (insert name of spouse if married), likewise of legal age, with postal address at (Address) as our true and legal representative to act for and in our name and stead and to perform the following acts:
To sell, offer for sale, and come to an agreement as to the purchase price and thereafter to sign for us and in our name and receive payment from the sale of our property more particularly described as follows: (Insert Description of Property)
HEREBY GRANTING unto our representative full power and authority to execute and perform every act necessary to render effective the power to sell the foregoing properties, as though we ourselves, have so performed it, and HEREBY APPROVING ALL that he may do by virtue hereof with full right of substitution of his person and revocation of this instrument.
IN WITNESS WHEREOF , WE HAVE HEREUNTO SET OUR HANDS THIS ____ DAY OF _______________ 20__, AT (Insert Place of execution of this Instrument).
__________________________ ___________________________
(Name of Principal)(Name of Agent /Attorney-In-Fact)
Signed in the presence of:
____________________________ ____________________________
Republic of the Philippines )
_________________________) S.S
BEFORE ME, personally appeared:
Name CTC Number Date/Place Issued
(Name of Principal) 0000000 July 9, 20__ / Olangapo City
(Name of Agent) 0000000 July 16, 20__ / Marikina City
Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed.
WITNESS MY HAND AND SEAL, on the date and place first above written.
Notary Public
Doc. No.______;
Page No. ______;
Book No.______;
Series of 20___.