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Deed Of Sale With Special Power Of Attorney
"I need a Deed of Sale with Special Power of Attorney for my condominium unit in Manila, as I'm based in Singapore and want to authorize my sister to handle the sale closing scheduled for March 2025; the deed should include specific powers for her to negotiate price adjustments up to 5% of the agreed value."
1. Parties: Identifies the Seller (Principal) and Buyer, including their complete names, civil status, citizenship, and addresses
2. Background: States the context of the sale and the need for the special power of attorney
3. Definitions: Defines key terms used throughout the document
4. Property Description: Detailed description of the property being sold, including technical description, boundaries, and certificate of title number
5. Purchase Price and Payment Terms: States the agreed purchase price and detailed payment arrangements
6. Representations and Warranties of the Seller: Seller's declarations regarding ownership, authority to sell, and property condition
7. Special Power of Attorney Provisions: Specific powers granted to the attorney-in-fact, including scope and limitations
8. Attorney-in-Fact's Powers and Responsibilities: Detailed enumeration of authorized actions and duties
9. Transfer of Rights and Obligations: Provisions regarding the transfer of property rights and related obligations
10. Taxes and Expenses: Allocation of responsibility for transfer taxes, registration fees, and other expenses
11. Effectivity and Term: When the deed takes effect and duration of the power of attorney
12. Execution: Formal signing requirements and notarization provisions
1. Mortgage Provisions: Include when the property has existing mortgages or liens that need to be addressed
2. Tenant Provisions: Include when the property has existing tenants or lessees
3. Conditional Sale Provisions: Include when the sale is subject to specific conditions precedent or subsequent
4. Co-Owner Provisions: Include when the property has multiple owners or involves conjugal property
5. Property Development Provisions: Include when the property is under development or has pending construction
6. Foreign Ownership Compliance: Include when either party is a foreign national, addressing ownership restrictions
7. Survivorship Clause: Include when the power of attorney needs to persist beyond death or incapacity
1. Schedule A - Property Details: Technical description of the property, including lot plan, boundaries, and improvements
2. Schedule B - Title Documents: List and copies of relevant title documents and tax declarations
3. Schedule C - Payment Schedule: Detailed breakdown of payment terms and installment schedule if applicable
4. Schedule D - Required Permits and Clearances: List of necessary government permits and tax clearances
5. Schedule E - Outstanding Obligations: Details of any existing mortgages, liens, or encumbrances
6. Appendix 1 - Property Photos and Plans: Recent photographs and architectural/development plans of the property
7. Appendix 2 - Supporting Documents: Copies of relevant supporting documents including ID's and authorization documents
Authors
Principal
Attorney-in-Fact
Purchase Price
Closing Date
Transfer Date
Deed of Absolute Sale
Certificate of Title
Tax Declaration
Encumbrances
Associated Rights
Completion
Due Diligence
Effective Date
Force Majeure
Governing Law
Notice
Party/Parties
Registration
Real Estate Taxes
Special Power of Attorney
Title Documents
Transfer Taxes
Working Day
Improvements
Liens
Material Adverse Change
Permitted Encumbrances
Property Documents
Required Consents
Seller's Representatives
Technical Description
Transfer Documents
Sale and Purchase
Purchase Price
Payment Terms
Power of Attorney Grant
Scope of Authority
Representations and Warranties
Property Title
Transfer of Ownership
Taxes and Expenses
Registration and Documentation
Delivery and Possession
Encumbrances
Due Diligence
Conditions Precedent
Seller's Obligations
Buyer's Obligations
Attorney-in-Fact Powers
Revocation
Ratification
Indemnification
Force Majeure
Governing Law
Dispute Resolution
Severability
Assignment
Notices
Entire Agreement
Amendment
Counterparts
Binding Effect
Term and Termination
Survival
Real Estate
Property Development
Banking and Finance
Legal Services
Construction
Urban Development
Investment and Asset Management
Property Management
Overseas Employment
Immigration Services
Legal
Real Estate
Compliance
Property Management
Corporate Secretariat
Document Control
Risk Management
Operations
Business Development
Asset Management
Real Estate Lawyer
Property Manager
Legal Counsel
Real Estate Broker
Corporate Secretary
Compliance Officer
Real Estate Developer
Property Administrator
Title Officer
Conveyancing Lawyer
Real Estate Investment Manager
Property Acquisition Specialist
Legal Documentation Specialist
Real Estate Transaction Coordinator
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