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Deed Of Sale Of A Portion Of Land
"I need a Deed of Sale of a Portion of Land for selling 2,500 square meters of my commercial property in Manila to a retail developer, with completion planned for March 2025, including specific provisions for parking easements and utility access through the retained portion."
1. Parties: Identifies and provides complete details of the Vendor (seller) and Vendee (buyer), including their civil status, citizenship, and addresses as required by Philippine law
2. Background: Establishes the context of the sale, including the Vendor's ownership of the mother lot and intention to sell a portion
3. Definitions: Defines key terms used in the deed, including property-specific terminology and technical references
4. Property Description: Detailed technical description of the portion of land being sold, including exact measurements, boundaries, and technical description approved by a licensed surveyor
5. Consideration: States the purchase price, payment terms, and acknowledgment of receipt
6. Vendor's Representations and Warranties: Seller's declarations regarding ownership, authority to sell, and property condition
7. Transfer of Title and Ownership: Explicitly states the transfer of rights and when it takes effect
8. Taxes and Expenses: Specifies responsibility for transfer taxes, registration fees, and other transaction costs
9. Execution Requirements: Details on document signing, notarization, and witness requirements
1. Encumbrances: Include when there are existing liens, mortgages, or other encumbrances that need to be disclosed
2. Conditions Precedent: Include when there are specific conditions that must be met before the sale can be completed, such as subdivision approval
3. Payment Terms: Include when payment is not made in full at signing and installment terms need to be specified
4. Property Access and Easements: Include when the divided lot requires specific access rights or easements through the remaining property
5. Subdivision Approval: Include when the portion being sold requires or is pending subdivision approval
6. Zoning and Land Use: Include when there are specific zoning restrictions or land use requirements that affect the property
1. Technical Description: Surveyor's technical description of the property including metes and bounds, coordinates, and lot number
2. Location Plan: Approved survey plan showing the exact location and boundaries of the portion being sold
3. Tax Declarations: Copies of relevant tax declarations and tax clearances
4. Mother Title: Copy of the original title of the entire property from which the portion is being sold
5. Subdivision Plan: Approved subdivision plan if the portion is part of a subdivided lot
6. Special Power of Attorney: If applicable, authorization documents for representatives acting on behalf of any party
Authors
Subject Property
Property Portion
Technical Description
Vendor
Vendee
Transfer Certificate of Title
Tax Declaration
Consideration
Metes and Bounds
Subdivision Plan
Survey Plan
Lot Number
Registry of Deeds
Encumbrances
Easements
Right of Way
Local Government Unit
Zoning Classification
Land Use
Property Markers
Boundaries
Certificate of Title
Documentary Stamps
Capital Gains Tax
Transfer Tax
Real Property Tax
Completion Date
Effective Date
Notarial Acknowledgment
Sale and Purchase
Consideration
Payment Terms
Transfer of Title
Representations and Warranties
Property Rights
Encumbrances
Possession and Delivery
Taxes and Fees
Registration and Documentation
Subdivision Requirements
Survey and Technical Description
Access Rights
Easements
Local Government Compliance
Environmental Compliance
Zoning Compliance
Risk and Insurance
Further Assurance
Severability
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Notices
Force Majeure
Succession
Real Estate Development
Agriculture
Construction
Property Investment
Commercial Development
Residential Development
Industrial Development
Urban Planning
Land Development
Property Management
Legal
Real Estate
Property Development
Compliance
Land Acquisition
Documentation
Corporate Secretariat
Asset Management
Investment
Project Development
Real Estate Manager
Property Development Director
Legal Counsel
Land Surveyor
Property Acquisition Manager
Real Estate Broker
Compliance Officer
Real Estate Attorney
Land Registration Officer
Property Investment Analyst
Corporate Secretary
Development Project Manager
Asset Manager
Real Estate Documentation Specialist
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