Document background
The Deed of Sale of Real Property Form is a crucial legal instrument in Philippine real estate transactions, essential for documenting and effectuating the transfer of real property ownership. This document is required whenever real property is sold in the Philippines, whether the transaction involves residential, commercial, or industrial property. It must comply with the Civil Code of the Philippines, the Property Registration Decree (PD 1529), and various local government regulations. The deed includes critical information such as the parties' details, property description, purchase price, payment terms, and various warranties and representations required by Philippine law. It serves as the basis for transferring the property's title and must be notarized and registered with the Register of Deeds to be fully effective.
