Installment Sales Contract For (Real Estate) Template for Philippines

1. Broker Involvement: Terms regarding real estate broker involvement and commissions, used when a licensed broker is involved in the transaction

2. Property Management: Terms for property management during the installment period, relevant for condominiums or properties in managed communities

3. Construction Obligations: Used when the property is still under construction, detailing completion timelines and specifications

4. Homeowners Association: Terms relating to homeowners association membership and fees, applicable for properties within subdivisions or planned communities

5. Insurance Requirements: Specific insurance obligations during the installment period, optional but recommended for higher-value properties

6. Co-Buyer Provisions: Additional terms when there are multiple buyers, detailing joint and several liability

7. Special Use Restrictions: Specific restrictions on property use during the installment period, used for properties with unique characteristics or requirements

1. Schedule A - Property Details: Technical description of the property, including lot plan, boundaries, and technical specifications

2. Schedule B - Payment Schedule: Detailed amortization schedule showing all installment payments, due dates, and interest calculations

3. Schedule C - Property Documents: List of all property-related documents including title, tax declarations, and permits

4. Schedule D - Delivery Protocol: Checklist and protocol for property inspection and acceptance

5. Appendix 1 - Property Photos: Current photographs of the property and its significant features

6. Appendix 2 - Required Permits: Copies of relevant permits and certificates required for the property

7. Appendix 3 - Property Rules: Applicable homeowners association rules or building regulations, if any