Transfer Of Ownership Agreement Property Template for Philippines

1. Encumbrances: Required if there are existing mortgages, liens, or other encumbrances that need to be addressed

2. Conditions Precedent: Include when there are specific conditions that must be met before the transfer can be completed

3. Due Diligence: When specific property investigations or verifications are required before transfer

4. Broker Provisions: Include if real estate brokers are involved in the transaction

5. Special Conditions: For properties with unique characteristics or restrictions (e.g., agricultural land, cultural properties)

6. Foreign Ownership Compliance: Required if either party is a foreign national

7. Tenant Provisions: Include if the property has existing tenants or lease agreements

8. Force Majeure: Optional clause for protection against unforeseen circumstances affecting the transfer

1. Schedule A - Property Description: Detailed technical description of the property, including lot number, boundaries, and technical specifications

2. Schedule B - Title Documents: List and copies of all relevant title documents and certificates

3. Schedule C - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

4. Schedule D - Existing Encumbrances: List of any existing liens, mortgages, or other encumbrances on the property

5. Schedule E - Required Permits: List of all necessary permits and certificates required for the transfer

6. Appendix 1 - Property Photos and Plans: Visual documentation of the property including photos, floor plans, and surveys

7. Appendix 2 - Tax Certificates: Copies of relevant tax clearances and certificates

8. Appendix 3 - Power of Attorney: If applicable, documentation authorizing representatives to act on behalf of either party