Bill Of Sale And Purchase Agreement Template for Philippines

1. Conditions Precedent: Used when certain conditions must be met before the sale can proceed

2. Tax Provisions: Detailed section on tax responsibilities when significant tax implications exist

3. Insurance: Required when insurance arrangements need to be specified during transition period

4. Due Diligence: Include when buyer requires inspection or verification period

5. Intellectual Property Rights: Necessary when sale includes IP assets

6. Confidentiality: Include when transaction involves sensitive information

7. Force Majeure: Optional protection against unforeseen events affecting completion

8. Dispute Resolution: Detailed dispute resolution procedures when parties want specific mechanisms

9. Assignment: Include when transfer rights need to be specified

1. Schedule A - Property Description: Detailed technical or legal description of the property being sold

2. Schedule B - Inventory List: Itemized list of included items when selling multiple items or business assets

3. Schedule C - Payment Schedule: Details of installment payments if applicable

4. Schedule D - Encumbrances: List of any existing liens, encumbrances, or restrictions on the property

5. Appendix 1 - Required Documents: List of documents required for closing

6. Appendix 2 - Condition Report: Detailed report on the condition of property if relevant

7. Appendix 3 - Photographs: Visual documentation of the property being sold