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Simple Offer To Purchase Real Estate Form
"I need a Simple Offer To Purchase Real Estate Form for acquiring a commercial property in Makati City, Philippines, with a lease-back arrangement where the current owner will continue occupying the property until March 2025."
1. Parties: Identification of the potential buyer (offeror) and property owner (offeree), including complete legal names, addresses, and contact information
2. Property Description: Detailed description of the real estate property, including exact address, lot number, tax declaration number, and certificate of title number
3. Purchase Price: The total amount being offered for the property, including the currency and payment terms
4. Earnest Money: Amount of earnest money deposit being offered, payment method, and conditions for its release or forfeiture
5. Terms of Payment: Detailed breakdown of how and when payments will be made, including any financing conditions
6. Offer Validity Period: The period during which the offer remains valid and binding on the offeror
7. Due Diligence Period: Time period allowed for property inspection, title verification, and other necessary investigations
8. Closing Date: Proposed date for completing the transaction and transferring the property
9. Representations and Warranties: Basic statements about the buyer's capacity to purchase and financial ability to complete the transaction
10. Signature Block: Space for signatures of the offeror, witnesses, and acceptance by the offeree
1. Financing Contingency: To be included when the offer is contingent upon the buyer obtaining specific financing arrangements
2. Property Inspection Contingency: Detailed terms for property inspection rights and consequences if issues are discovered
3. Existing Tenancy: To be included if the property has existing tenants and specifications about handling the tenancy
4. Furniture and Fixtures: Used when specific items of furniture or fixtures are to be included or excluded from the sale
5. Foreign Ownership Declaration: Required when the buyer is a foreign national, addressing compliance with Philippine foreign ownership restrictions
6. Broker Involvement: To be included when real estate brokers are involved in the transaction, specifying their roles and commissions
1. Schedule A - Property Details: Comprehensive technical description of the property, including lot plan, boundaries, and technical specifications
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms, including amounts and due dates
3. Schedule C - Property Inspection Report: If applicable, results of any preliminary property inspections or assessment
4. Schedule D - List of Inclusions/Exclusions: Detailed inventory of items included or excluded from the sale
5. Appendix 1 - Required Documents: List of documents required from both parties to complete the transaction
6. Appendix 2 - Property Photos: Recent photographs of the property and its major features
Authors
Business Day
Closing
Closing Date
Deed of Absolute Sale
Due Diligence Period
Earnest Money
Effective Date
Encumbrances
Fixtures
Improvements
Offer
Offeror
Offeree
Property
Purchase Price
Real Estate Broker
Registry of Deeds
Tax Declaration
Title
Transfer Certificate of Title
Transfer Taxes
Validity Period
Purchase Price
Payment Terms
Earnest Money
Due Diligence
Property Inspection
Title and Ownership
Representations and Warranties
Contingencies
Closing Conditions
Default
Transfer of Possession
Real Estate Taxes
Property Insurance
Broker Commission
Assignment
Notices
Governing Law
Acceptance Period
Force Majeure
Entire Agreement
Severability
Amendment
Registration
Real Estate
Banking and Financial Services
Construction
Property Development
Hospitality
Retail
Manufacturing
Agriculture
Education
Healthcare
Professional Services
Commercial Property Management
Legal
Finance
Real Estate
Operations
Business Development
Facilities Management
Investment
Compliance
Corporate Development
Property Management
Real Estate Agent
Property Manager
Business Development Manager
Corporate Lawyer
Legal Counsel
Chief Financial Officer
Finance Director
Investment Manager
Property Developer
Facilities Manager
Real Estate Broker
Acquisitions Manager
Real Estate Investment Analyst
Corporate Real Estate Manager
Chief Executive Officer
Operations Director
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