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1. Parties: Identification and details of the Seller and Buyer, including complete names, addresses, and tax identification numbers
2. Background: Context of the sale, brief description of the property, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property including lot number, location, boundaries, and title details
5. Purchase Price: Agreed purchase price and payment terms including method and schedule of payments
6. Terms of Payment: Detailed payment schedule, installment terms if applicable, and consequences of default
7. Representations and Warranties: Seller's warranties regarding property ownership, absence of liens, and other material facts
8. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other transaction costs
9. Closing and Transfer of Title: Requirements and procedures for closing the sale and transferring property title
10. Risk and Insurance: Transfer of risk and responsibility for insurance during the transfer period
11. Default and Remedies: Consequences of default by either party and available remedies
12. Governing Law: Specification of Philippine law as governing law and jurisdiction details
13. Execution: Signature blocks and notarization requirements
1. Financing Conditions: Include when buyer requires bank financing or other external funding sources
2. Property Inspection: Include when there's a need for pre-closing inspection or when property is sold 'as is'
3. Tenant Rights: Include when property is currently leased or occupied by tenants
4. Construction Warranties: Include for newly constructed properties or recent renovations
5. Homeowners Association: Include when property is part of a subdivision or condominium complex
6. Environmental Compliance: Include for industrial properties or properties with potential environmental issues
7. Broker Provisions: Include when real estate brokers are involved in the transaction
1. Schedule A - Property Details: Technical description of the property, including lot plan, boundaries, and technical specifications
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms, amounts, and due dates
3. Schedule C - Property Documents: List of all property-related documents including title, tax declarations, and permits
4. Schedule D - Existing Encumbrances: List of any existing liens, encumbrances, or restrictions on the property
5. Schedule E - Closing Requirements: Checklist of documents and requirements needed for closing
6. Appendix 1 - Property Photos: Recent photographs of the property and its major features
7. Appendix 2 - Transfer Forms: Required government forms for property transfer and tax purposes
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