Property Buy Sell Agreement Template for Philippines

1. Broker Involvement: Terms regarding real estate broker involvement and commission structure, used when a licensed broker facilitates the transaction

2. Mortgage Provisions: Terms relating to existing mortgages or new financing arrangements, included when the property has existing liens or buyer requires financing

3. Tenant Provisions: Terms regarding existing tenants and lease agreements, included when the property is currently leased

4. Construction Warranties: Specific warranties for newly constructed properties, included for new developments or recent constructions

5. Homeowners Association: Terms relating to homeowners association membership and fees, included for properties within managed communities

6. Foreign Ownership Provisions: Special provisions required when the buyer is a foreign national, addressing ownership limitations under Philippine law

7. Condominium Provisions: Special terms applicable to condominium units, including common areas and association rules

8. Environmental Provisions: Additional terms regarding environmental conditions or requirements, included for industrial or commercial properties

1. Property Documents: Copy of title, tax declarations, and property survey

2. Payment Schedule: Detailed breakdown of payment terms and installment schedule if applicable

3. Property Inspection Report: Results of property inspection and list of included fixtures and fittings

4. Tax Certificates: Current real property tax certificates and clearances

5. Photos and Plans: Property photographs, floor plans, and location maps

6. Permits and Licenses: Copies of relevant building permits, occupancy permits, and other licenses

7. Due Diligence Results: Summary of title search results and other due diligence findings

8. Power of Attorney: If applicable, power of attorney documents authorizing representatives to act on behalf of either party