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1. Parties: Full legal names and details of the seller and buyer, including their civil status as required by Philippine law
2. Background: Context of the transaction, including brief description of the property and seller's ownership
3. Definitions: Key terms used throughout the contract
4. Property Description: Detailed technical description of the land including lot number, survey number, title details, boundaries, and area
5. Purchase Price: Total consideration and detailed payment terms including down payment and installment schedule
6. Mode of Payment: Specific methods of payment accepted and payment procedures
7. Terms and Conditions of Sale: Core obligations of both parties including conditions for transfer of title
8. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other transaction costs
9. Default and Remedies: Consequences of default by either party and available remedies
10. Transfer of Title: Conditions and process for the eventual transfer of title upon full payment
11. Representations and Warranties: Statements of fact and guarantees by both parties
12. Notices: Process for formal communications between parties
13. Governing Law: Specification of Philippine law as governing law
14. Execution: Signature blocks with notarial requirements
1. Property Inspection: Details of buyer's inspection rights and acknowledgment of property condition, used when the buyer hasn't fully inspected the property
2. Existing Tenants: Provisions regarding current occupants or lessees, included if the property has existing tenants
3. Improvements: Description of existing structures or improvements on the land, included if the land is not vacant
4. Environmental Compliance: Environmental warranties and compliance requirements, used for industrial or commercially zoned properties
5. Subdivision Provisions: Additional terms if the land is part of a subdivision development
6. Agricultural Land Reform Provisions: Special provisions if the land falls under agrarian reform laws
7. Force Majeure: Provisions for unforeseen circumstances affecting contract performance
8. Assignment: Rights and restrictions regarding transfer of contract rights, included if assignability is a concern
1. Property Details Schedule: Technical description of the land, including certified survey plan and boundaries
2. Payment Schedule: Detailed breakdown of installment payments with due dates
3. Title Documents: Copy of the Transfer Certificate of Title and tax declarations
4. Tax Clearances: Copies of relevant tax clearances and certificates
5. Property Pictures: Recent photographs of the property and its boundaries
6. Special Power of Attorney: If any party is represented by an attorney-in-fact
7. Zoning Certificate: Certificate showing current zoning classification and allowed uses
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