A Real Estate Sales Agreement Contract is a fundamental legal instrument used in the Philippines for property transactions. This document is essential when transferring ownership of real property, whether residential, commercial, or industrial. It must comply with Philippine legal requirements, including the Civil Code of the Philippines, Property Registration Decree, and relevant tax regulations. The agreement becomes particularly important in the Philippine context due to specific local requirements regarding property ownership, transfer procedures, and restrictions on foreign ownership. It typically includes comprehensive details about the property, parties involved, payment terms, warranties, and closing requirements, while also addressing unique aspects of Philippine real estate law such as notarization requirements and proper registration with the Register of Deeds. The document serves as the primary evidence of the transaction and basis for property transfer registration.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identifies and provides complete details of the Seller and Buyer, including their legal names, addresses, and tax identification numbers
2. Background: Outlines the context of the sale, including brief property description and parties' intention to enter into the transaction
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Property Description: Detailed description of the real estate property, including lot number, location, boundaries, and title details
5. Purchase Price: States 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. Warranties and Representations: Seller's warranties regarding property ownership, absence of liens, and other material facts about the property
8. Conditions Precedent: Conditions that must be fulfilled before the sale becomes final, including title clearance and payment requirements
9. Closing and Transfer of Title: Process and requirements for completing the sale and transferring property ownership
10. Taxes and Expenses: Allocation of responsibility for transfer taxes, registration fees, and other transaction costs
11. Default and Remedies: Consequences of breach by either party and available remedies
12. Governing Law: Specifies Philippine law as governing law and jurisdiction for disputes
13. Execution: Formal closing of the agreement with signatures and notarization requirements
1. Broker Involvement: Details of real estate broker involvement and commission arrangements, used when a licensed broker is involved in the transaction
2. Mortgage Provisions: Terms related to mortgage financing, included when buyer is obtaining bank financing
3. Property Inspection: Terms regarding property inspection rights and procedures, used for pre-existing properties
4. Occupancy Provisions: Terms regarding current occupancy and vacancy requirements, used when property is occupied
5. Construction Completion: Terms regarding completion of construction and warranties, used for pre-selling arrangements or properties under construction
6. Homeowners Association: Terms relating to homeowners association membership and fees, used for properties within planned developments
7. Foreign Ownership Compliance: Special provisions ensuring compliance with foreign ownership restrictions, used when buyer is foreign
1. Schedule A - Property Details: Detailed technical description of the property, including lot plan, technical boundaries, and certificate of title details
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms including amounts and due dates
3. Schedule C - Property Inventory: List of fixtures, fittings, and other items included in the sale
4. Schedule D - Outstanding Requirements: List of documents and requirements to be completed by either party
5. Appendix 1 - Property Documents: Copies of relevant property documents including title, tax declarations, and surveys
6. Appendix 2 - Due Diligence Reports: Technical reports, property inspection results, and other due diligence findings
7. Appendix 3 - Required Permits: Copies of relevant permits, certificates, and governmental approvals
Relevant legal definitions
Agreement
Property
Purchase Price
Closing Date
Certificate of Title
Transfer Certificate of Title
Tax Declaration
Deed of Absolute Sale
Earnest Money
Transfer Taxes
Registration Fees
Documentary Stamp Tax
Capital Gains Tax
Real Estate Broker
Notary Public
Register of Deeds
Bureau of Internal Revenue
Local Government Unit
Encumbrances
Force Majeure
Business Day
Completion
Default
Due Diligence
Effective Date
Improvements
Liens
Material Adverse Change
Notice
Permitted Encumbrances
Property Documents
Real Estate Taxes
Representations and Warranties
Title Insurance
Zoning Laws
Occupancy Permit
Homeowners Association
Common Areas
Association Dues
Utilities
Environmental Laws
Building Code
Fire Safety Inspection Certificate
Real Property Tax
Special Power of Attorney
Property
Purchase Price
Closing Date
Certificate of Title
Transfer Certificate of Title
Tax Declaration
Deed of Absolute Sale
Earnest Money
Transfer Taxes
Registration Fees
Documentary Stamp Tax
Capital Gains Tax
Real Estate Broker
Notary Public
Register of Deeds
Bureau of Internal Revenue
Local Government Unit
Encumbrances
Force Majeure
Business Day
Completion
Default
Due Diligence
Effective Date
Improvements
Liens
Material Adverse Change
Notice
Permitted Encumbrances
Property Documents
Real Estate Taxes
Representations and Warranties
Title Insurance
Zoning Laws
Occupancy Permit
Homeowners Association
Common Areas
Association Dues
Utilities
Environmental Laws
Building Code
Fire Safety Inspection Certificate
Real Property Tax
Special Power of Attorney
Clauses
Property Description
Purchase Price
Payment Terms
Title and Ownership
Representations and Warranties
Conditions Precedent
Due Diligence
Property Inspection
Closing Requirements
Transfer of Title
Registration
Taxes and Fees
Default and Remedies
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Insurance
Environmental Compliance
Property Access
Utilities Transfer
Broker Commission
Property Condition
Zoning Compliance
Foreign Ownership
Tax Compliance
Local Government Requirements
Association Rules
Occupancy
Construction Completion
Indemnification
Purchase Price
Payment Terms
Title and Ownership
Representations and Warranties
Conditions Precedent
Due Diligence
Property Inspection
Closing Requirements
Transfer of Title
Registration
Taxes and Fees
Default and Remedies
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Insurance
Environmental Compliance
Property Access
Utilities Transfer
Broker Commission
Property Condition
Zoning Compliance
Foreign Ownership
Tax Compliance
Local Government Requirements
Association Rules
Occupancy
Construction Completion
Indemnification
Relevant Industries
Real Estate
Construction
Property Development
Banking & Finance
Legal Services
Property Management
Real Estate Investment
Urban Development
Housing & Development
Commercial Property
Relevant Teams
Legal
Real Estate
Property Management
Sales
Compliance
Business Development
Operations
Finance
Risk Management
Corporate Affairs
Relevant Roles
Real Estate Lawyer
Property Manager
Real Estate Broker
Real Estate Agent
Property Developer
Legal Counsel
Compliance Officer
Title Officer
Contract Administrator
Real Estate Investment Manager
Property Acquisition Manager
Real Estate Operations Manager
Business Development Manager
Corporate Lawyer
Conveyancing Lawyer
Real Estate Paralegal
Property Sales Manager
Find the exact document you need
LOI For Commercial Real Estate Purchase
A preliminary document outlining proposed terms for commercial property purchase in the Philippines, serving as a framework for negotiations and future definitive agreements.
Download
Agreement Of Purchase And Sale Of Shares By Shareholder
A Philippine law-governed agreement documenting the sale and transfer of company shares between shareholders, including terms, conditions, and regulatory compliance requirements.
Download
Agreement Contract To Buy And Sell (Real Estate)
A legally binding agreement under Philippine law that documents the terms and conditions for the sale and purchase of real estate property.
Download
Simple Contract To Purchase (Real Estate)
A contract governing the purchase and sale of real estate property in the Philippines, ensuring compliance with Philippine property laws and regulations.
Download
Simple Purchase Agreement For House
A legal agreement under Philippine law for the sale and purchase of residential property, outlining key terms and conditions of the transaction.
Download
Loi To Purchase (Real Estate)
A preliminary document used in Philippine real estate transactions expressing a buyer's intent to purchase property and outlining key proposed terms, subject to Philippine property laws and regulations.
Download
Real Estate Sale Contract By Owner
A Philippine law-compliant contract for direct property sale between owner and buyer, covering essential terms and conditions for real estate transfer.
Download
Purchase And Sale Agreement Commercial (Real Estate)
A legally binding agreement under Philippine law for the purchase and sale of commercial real estate property, detailing all transaction terms and compliance requirements.
Download
House Selling Contract
A legally binding agreement under Philippine law for the sale and transfer of residential property ownership, incorporating all essential elements required by local property regulations.
Download
Contract To Buy And Sell (Real Estate)
A Philippine law-governed agreement for the purchase and sale of real estate property, detailing terms, conditions, and transfer requirements.
Download
Buy Sell Agreement (Real Estate)
A legal agreement under Philippine law facilitating the transfer of real estate property between seller and buyer, detailing terms, conditions, and obligations of the sale.
Download
Sale Agreement Of Immovable Property
A Philippine law-governed agreement for the sale and transfer of immovable property, detailing terms, conditions, and compliance requirements for property ownership transfer.
Download
Agreement To Sell And Contract Of Sale
A Philippine law-compliant document combining an agreement to sell with a contract of sale, facilitating a conditional sale transaction with eventual transfer of ownership.
Download
Standard Agreement For The Sale Of (Real Estate)
A standardized real estate sale agreement compliant with Philippine law, facilitating legal transfer of property ownership while protecting both buyer's and seller's interests.
Download
Mobile Home Selling Contract
A legally binding agreement under Philippine law for the sale and transfer of ownership of a mobile home, including terms of sale, specifications, and compliance requirements.
Download
LOI Purchase Agreement
A preliminary agreement under Philippine law outlining key terms and conditions for a proposed purchase transaction, serving as a framework for negotiating the final purchase agreement.
Download
LOI For Business Purchase
A preliminary document under Philippine law outlining the proposed terms and conditions for a business acquisition, serving as a framework for negotiations and future definitive agreements.
Download
Simple Car Purchase Agreement
A standardized agreement for vehicle sales in the Philippines, documenting terms of sale and transfer of ownership in compliance with Philippine law.
Download
Deed Of Sale Agreement For A Car
A Philippine law-compliant agreement documenting the sale and transfer of ownership of a motor vehicle between seller and buyer.
Download
Buy Sell Contract
A Philippine law-governed agreement that documents the terms and conditions for the sale and purchase of goods or assets between two parties.
Download
LOI For Purchase Of Goods
A preliminary document under Philippine law outlining the intended terms and conditions for a proposed purchase of goods transaction.
Download
Asset Purchase LOI
A preliminary agreement under Philippine law outlining the proposed terms for purchasing specific assets, serving as a framework for negotiation and due diligence.
Download
Agreement Of Property Sale
A legal agreement under Philippine law documenting the terms and conditions for the transfer of property ownership from seller to buyer.
Download
Agreement Of Sale Of Immovable Property
A Philippine law-compliant agreement documenting the sale and transfer of immovable property between seller and buyer, including all essential terms and conditions.
Download
Sale And Purchase Agreement Of Shares
A legally binding agreement under Philippine law that documents the terms and conditions for the sale and transfer of company shares between parties.
Download
Letter Of Intent To Sale Property
A preliminary, non-binding document under Philippine law expressing intent to purchase property and outlining basic terms of the proposed transaction.
Download
Home For Sale By Owner Contract
A Philippine law-compliant contract for direct residential property sales between owners and buyers, without broker involvement.
Download
Buy Sell Agreement Between Business Partners
A Philippine law-governed agreement establishing terms for business partners to buy or sell their ownership interests in a business entity.
Download
Simple Land Sale Agreement
A legally binding agreement for land sale transactions in the Philippines, outlining property transfer terms and conditions in compliance with Philippine property laws.
Download
Sales With Buyback Agreement
A Philippine law-governed agreement for sale of assets with a guaranteed repurchase right (pacto de retro), specifying initial sale and buyback terms.
Download
Real Estate Purchase Agreement Contract
A legally binding contract under Philippine law that documents the terms and conditions for the transfer of real property ownership from seller to buyer.
Download
Purchase Agreement For Sale By Owner
A Philippine law-compliant agreement for direct property sales between owners and buyers without real estate agent involvement.
Download
Personal Property Sale Agreement
A legally binding agreement under Philippine law for the sale and transfer of personal property, detailing terms, conditions, and obligations of both parties.
Download
Lot Sale Contract
A Philippine law-governed contract for the sale and transfer of land property, establishing terms, conditions, and obligations of both seller and buyer.
Download
Cross Purchase Agreement
A Philippine law-governed agreement establishing terms for business owners to purchase each other's interests upon specified triggering events.
Download
Buy Sell Agreement For Small Business
A Philippine law-governed agreement documenting the sale and purchase terms of a small business, including transfer conditions and obligations.
Download
Agreement For Sale And Agreement To Sell
A Philippine law-governed agreement that combines both immediate sale provisions and future sale commitments, establishing terms for property or goods transfer.
Download
Contract Of Purchase And Sale Private Sale
A Philippine law-governed agreement documenting the terms and conditions for the private sale of property or goods between parties.
Download
Agreement Of Purchase And Sale Commercial
A Philippine law-governed agreement for the purchase and sale of commercial real estate properties, ensuring compliance with local regulations while protecting parties' interests.
Download
Agreement To Buy And Sell Real Estate Residential
A Philippine-compliant legal agreement for the purchase and sale of residential real estate property, incorporating all essential elements required under Philippine law.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)