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1. Parties: Identification of the Seller and Buyer with complete details including names, civil status, addresses, and tax identification numbers as required by Philippine law
2. Background: Context of the transaction, including brief description of the property and the parties' intention to enter into a conditional sale
3. Definitions: Definitions of key terms used throughout the agreement, including technical and legal terms
4. Property Description: Detailed description of the property including lot number, survey number, title details, boundaries, and technical description as per the title
5. Purchase Price: Total purchase price, payment terms, schedule of payments, and consequences of default
6. Conditions of Sale: Specific conditions that must be met before the sale becomes absolute, including payment terms and other requirements
7. Representations and Warranties: Seller's warranties regarding ownership, authority to sell, absence of liens, and other material facts about the property
8. Rights and Obligations: Detailed responsibilities of both parties during the conditional sale period
9. Default and Remedies: Consequences of default by either party and available remedies
10. Transfer of Title: Process and requirements for the eventual transfer of title upon fulfillment of conditions
11. Taxes and Expenses: Allocation of taxes, registration fees, and other transaction costs
12. Governing Law: Specification of Philippine law as governing law and relevant jurisdictional provisions
13. Execution: Formal closing section with signature blocks and notarial requirements
1. Broker Provisions: Include when a broker is involved in the transaction, detailing broker's rights and commissions
2. Environmental Conditions: Include when the property has specific environmental considerations or requirements
3. Development Obligations: Include when the property is subject to development requirements or restrictions
4. Foreign Ownership Compliance: Include when one party is a foreign national or entity, addressing compliance with Constitutional restrictions
5. Homeowners Association: Include when the property is part of a subdivision or governed by a homeowners association
6. Agricultural Land Reform Provisions: Include when the property is or was subject to agricultural land reform
7. Tenant Rights: Include when the property has existing tenants or occupants
8. Subdivision Approval: Include when the property is part of a subdivision requiring specific approvals
1. Schedule 1 - Property Details: Technical description of the property, including certified true copy of the title and tax declaration
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms, amounts, and due dates
3. Schedule 3 - Property Documents: List of all property-related documents including tax clearances, permits, and certificates
4. Schedule 4 - Permits and Licenses: Copies of relevant permits, licenses, and governmental approvals
5. Schedule 5 - Property Inspection Report: Detailed report on the current condition of the property
6. Appendix A - Form of Deed of Absolute Sale: Template of the final deed to be executed upon fulfillment of conditions
7. Appendix B - Power of Attorney: If applicable, power of attorney documents for authorized representatives
8. Appendix C - Corporate Authorizations: If applicable, corporate resolutions and authorizations for the transaction
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