Deed Of Sale Of Real Property Form Template for Philippines

1. Parties: Identification of the Vendor/Seller and Purchaser/Buyer with complete names, civil status, citizenship, and addresses as required by Philippine law

2. Background: Brief recital of the Vendor's ownership of the property and intention to sell

3. Definitions: Definitions of key terms used throughout the deed

4. Property Description: Detailed technical description of the property including lot number, survey number, certificate of title number, boundaries, and area

5. Consideration: Purchase price, payment terms, and acknowledgment of receipt

6. Free and Clear Title: Vendor's warranty that the property is free from liens, encumbrances, and adverse claims

7. Possession and Transfer: Terms for the delivery of possession and transfer of title to the Purchaser

8. Taxes and Expenses: Allocation of responsibility for transfer taxes, registration fees, and other transaction costs

9. Representations and Warranties: Standard warranties about property ownership, authority to sell, and compliance with laws

10. Execution Requirements: Formal requirements for signing, witnessing, and notarization

1. Property Documents: Copy of the title certificate, tax declarations, and survey plan

2. Payment Schedule: Detailed breakdown of installment payments if not paid in full

3. Property Inventory: List of included fixtures, fittings, and other personal property being transferred

4. Tax Clearances: Copies of real property tax clearances and other tax certificates

5. Required Permits: Copies of necessary permits, certificates, and local government clearances

6. Power of Attorney: If applicable, documentation authorizing representatives to act on behalf of either party