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3rd Owner Deed Of Sale
"I need a 3rd Owner Deed of Sale for a residential property in Manila, with closing planned for March 2025, and the document must include special provisions for an installment payment arrangement over 6 months."
1. Parties: Identification of all parties: current owner (seller), buyer, and details of the previous two owners of the property
2. Background: History of property ownership, including dates and details of previous transfers
3. Definitions: Key terms used in the deed, including property description terminology and legal terms
4. Property Description: Detailed description of the property including lot number, area, boundaries, and technical description as per tax declaration and title
5. Ownership History Declaration: Statement detailing the chain of ownership from the first to current owner
6. Consideration: Purchase price and payment terms, including method and timing of payment
7. Free and Clear Title Declaration: Seller's declaration that the property is free from liens and encumbrances
8. Warranties: Seller's warranties regarding ownership, right to sell, and property condition
9. Tax Declarations: Statements regarding payment of taxes and fees related to the property
10. Transfer of Rights: Terms of transfer of all rights, titles, and interests in the property
11. Execution Requirements: Requirements for notarization and registration of the deed
12. Governing Law: Statement that the deed is governed by Philippine law
1. Existing Tenancy: Required if the property is currently leased or occupied by tenants
2. Encumbrances: Detailed section needed if there are any existing liens or encumbrances on the property
3. Special Power of Attorney: Required if any party is represented by an attorney-in-fact
4. Spouse's Consent: Required if the seller is married, for conjugal property
5. Payment Terms: Detailed section needed if payment is not made in full at closing
6. Improvements: Description of improvements on the land, required for properties with structures
7. Conditions Precedent: Required if there are conditions that must be met before closing
1. Property Title: Copy of the current Transfer Certificate of Title (TCT) or Original Certificate of Title (OCT)
2. Tax Clearance Certificates: Current real property tax clearances and tax declarations
3. Previous Deeds: Copies of previous deeds of sale showing chain of ownership
4. Technical Description: Detailed technical description of the property with survey plans
5. Property Photos: Recent photographs of the property and its boundaries
6. Tax Receipts: Proof of payment of relevant taxes (capital gains, transfer tax, etc.)
7. Identity Documents: Copies of valid government IDs of all parties
Authors
Seller
Buyer
First Previous Owner
Second Previous Owner
Transfer Certificate of Title
Original Certificate of Title
Purchase Price
Closing Date
Deed
Encumbrances
Improvements
Technical Description
Tax Declaration
Register of Deeds
Property Registration
Chain of Title
Real Estate Taxes
Capital Gains Tax
Documentary Stamp Tax
Transfer Tax
Liens
Title Insurance
Possession
Closing
Due Diligence
Notarial Acknowledgment
Real Property
Conjugal Property
Warranties
Recitals
Property Description
Ownership History
Consideration
Terms of Payment
Transfer of Rights
Title Warranty
Chain of Title
Previous Transfers
Free and Clear Title
Tax Compliance
Registration Requirements
Property Condition
Representations and Warranties
Risk and Insurance
Possession and Delivery
Encumbrances
Real Estate Taxes
Documentary Requirements
Legal Compliance
Notarial Acknowledgment
Governing Law
Dispute Resolution
Entire Agreement
Severability
Further Assurance
Binding Effect
Notices
Force Majeure
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Investment
Real Estate Investment Trusts (REITs)
Property Management
Urban Development
Housing Development
Legal
Real Estate
Compliance
Property Management
Asset Management
Documentation
Property Acquisition
Risk Management
Finance
Corporate Services
Real Estate Lawyer
Property Manager
Real Estate Broker
Compliance Officer
Legal Counsel
Real Estate Agent
Property Developer
Title Examiner
Conveyancing Lawyer
Real Estate Director
Asset Manager
Property Acquisition Manager
Legal Documentation Specialist
Real Estate Transaction Coordinator
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