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1. Parties: Identification and details of the prospective seller and buyer, including complete names, addresses, and tax identification numbers
2. Background: Context of the transaction, establishing the seller's ownership of the property/goods and the buyer's interest in purchasing
3. Definitions: Key terms used throughout the agreement, ensuring clear interpretation
4. Subject Matter: Detailed description of the property or goods intended to be sold, including all relevant specifications or identifying details
5. Purchase Price: The agreed-upon price and payment terms, including any deposits or earnest money
6. Period of Intent: Duration for which the intent to sell remains valid and binding
7. Terms and Conditions: Core conditions that must be met before proceeding with the final sale
8. Rights and Obligations: Specific responsibilities of both parties during the intent period
9. Exclusivity: Commitment from seller not to offer the property/goods to other parties during the intent period
10. Good Faith Deposit: Details of any earnest money or reservation fee to be paid
11. Governing Law: Specification that Philippine law governs the agreement
12. Execution: Signature blocks and execution requirements
1. Due Diligence: Terms allowing buyer to conduct investigations or inspections, typically used for real estate or business assets
2. Conditions Precedent: Specific conditions that must be fulfilled before proceeding to final sale, such as obtaining permits or clearances
3. Broker Involvement: Details of any broker or agent involved in the transaction and their role
4. Financing Contingency: Terms related to the buyer's need to secure financing, typically used in high-value transactions
5. Assignment Rights: Whether and how the rights under the agreement can be assigned to other parties
6. Force Majeure: Provisions for unforeseen circumstances that might affect the intended sale
7. Confidentiality: Terms regarding confidential information shared during the transaction process
1. Property Details: Comprehensive description of the property/goods, including technical specifications, conditions, or property details
2. Payment Schedule: Detailed breakdown of payment terms, including amounts and due dates
3. Due Diligence Requirements: List of documents and information to be provided for buyer's review
4. Title Documents: Copies or details of ownership documentation, particularly relevant for real estate
5. Property Images: Photographs or visual documentation of the property/goods being sold
6. Permits and Licenses: Copies of relevant permits, licenses, or certificates related to the property/goods
Property
Purchase Price
Earnest Money
Completion Date
Due Diligence Period
Effective Date
Intent Period
Parties
Seller
Buyer
Business Day
Confidential Information
Encumbrances
Force Majeure Event
Good Faith Deposit
Material Adverse Change
Permitted Assigns
Related Persons
Subject Matter
Title Documents
Transaction
Working Day
Warranties
Subject Matter
Purchase Price
Payment Terms
Duration
Exclusivity
Due Diligence
Conditions Precedent
Representations and Warranties
Good Faith Deposit
Rights and Obligations
Title and Ownership
Confidentiality
Force Majeure
Assignment
Termination
Notices
Costs and Expenses
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Counterparts
Further Assurance
Real Estate
Retail
Manufacturing
Automotive
Agriculture
Construction
Technology
Industrial Equipment
Commercial Property
Residential Property
Small Business
Corporate Business
Consumer Goods
Legal
Sales
Business Development
Operations
Property Management
Contract Administration
Corporate Affairs
Real Estate
Procurement
Commercial
Real Estate Agent
Property Manager
Business Development Manager
Sales Director
Commercial Manager
Legal Counsel
Contract Administrator
Business Owner
CEO
Managing Director
Sales Manager
Property Developer
Corporate Lawyer
Procurement Manager
Operations Manager
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