1. Parties: Identifies and provides complete details of the Seller and Buyer, including their legal capacity to enter into the contract
2. Background: Establishes the context of the sale, including brief property description and Seller's ownership rights
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Property Description: Detailed description of the real estate property being sold, including exact location, boundaries, and title details
5. Purchase Price: Specifies the agreed purchase price and payment terms, including any deposits or installment arrangements
6. Payment Terms: Details the schedule of payments, method of payment, and consequences of default
7. Conditions Precedent: Lists conditions that must be fulfilled before the sale becomes final, including title clearance and payment of taxes
8. Representations and Warranties: Seller's declarations regarding property ownership, absence of liens, and other material facts
9. Buyer's Obligations: Specifies the buyer's responsibilities including payment, due diligence, and documentation requirements
10. Seller's Obligations: Details the seller's duties including property delivery, title transfer, and tax clearance obligations
11. Closing Requirements: Lists all documents and actions required to complete the sale
12. Transfer of Title: Procedures and requirements for transferring property title to the buyer
13. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other transaction costs
14. Default and Remedies: Consequences of breach and available remedies for either party
15. Governing Law: Confirms Philippine law as governing law and jurisdiction for disputes
16. Miscellaneous Provisions: Standard contract provisions including entire agreement, amendments, and severability
