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Land Selling Agreement Letter Template for Philippines

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Key Requirements PROMPT example:

Land Selling Agreement Letter

"I need a Land Selling Agreement Letter for a 500-square-meter agricultural property in Cavite, Philippines, with a staggered payment arrangement spanning January to June 2025, where the buyer will make monthly installments."

Document background
The Land Selling Agreement Letter is a critical legal instrument used in Philippine real estate transactions to formalize the sale and transfer of land property. This document is essential when any party wishes to sell or purchase land in the Philippines, whether for residential, commercial, or agricultural purposes. It must adhere to strict requirements under Philippine law, including the Civil Code, Property Registration Decree, and local government regulations. The agreement includes comprehensive details about the property, parties involved, purchase price, payment terms, and conditions of sale. Given the complexity of land ownership laws in the Philippines, particularly regarding foreign ownership restrictions and agrarian reform considerations, the Land Selling Agreement Letter must be carefully drafted to ensure all legal requirements are met and the interests of all parties are protected. The document requires proper notarization and registration with relevant government authorities to be legally binding.
Suggested Sections

1. Parties: Full legal names and addresses of the seller and buyer, including their civil status as required by Philippine law

2. Background: Brief context of the sale and confirmation of the seller's ownership and authority to sell

3. Definitions: Key terms used in the agreement, including 'Property', 'Purchase Price', 'Closing Date', etc.

4. Property Description: Detailed description of the land including lot number, survey number, title details, boundaries, and total area

5. Purchase Price: Agreed selling price, payment terms, and schedule of payments

6. Mode of Payment: Specified method of payment, including bank details if applicable

7. Terms and Conditions: Core conditions of the sale, including closing date and requirements for transfer

8. Representations and Warranties: Seller's guarantees regarding property ownership, absence of liens, and other material facts

9. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other transaction costs

10. Execution Requirements: Notarization requirements and number of copies to be executed

11. Signatures: Signature blocks for all parties, including witnesses as required by Philippine law

Optional Sections

1. Broker's Commission: Include when a real estate broker is involved in the transaction

2. Existing Tenants: Required when the property has current occupants or lease agreements

3. Foreign Ownership Compliance: Necessary when buyer is a foreign national or entity

4. Agricultural Land Reform Compliance: Required when the land is or was subject to agrarian reform laws

5. Financing Contingency: Include when purchase is contingent on buyer obtaining financing

6. Environmental Compliance: Necessary for properties requiring environmental clearances or with environmental issues

7. Power of Attorney: Include when either party is represented by an attorney-in-fact

Suggested Schedules

1. Schedule A - Property Documents: List of all title documents, tax declarations, and survey plans

2. Schedule B - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

3. Schedule C - Property Photos: Recent photographs of the property and its boundaries

4. Schedule D - Tax Clearances: Copies of real property tax clearances and other tax certificates

5. Appendix 1 - Technical Description: Detailed technical description of the property from the title and survey

6. Appendix 2 - Special Power of Attorney: If applicable, authorization documents for representatives

7. Appendix 3 - Required Permits: Copies of relevant permits, clearances, and certificates from local authorities

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses




























Relevant Industries

Real Estate

Property Development

Agriculture

Commercial Property

Residential Property

Construction

Banking and Finance

Legal Services

Land Development

Urban Planning

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Land Development

Documentation

Corporate Secretariat

Asset Management

Property Acquisition

Title and Registration

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Broker

Legal Counsel

Compliance Officer

Land Registration Officer

Real Estate Developer

Property Assessor

Title Examiner

Corporate Secretary

Real Estate Associate

Land Development Manager

Property Acquisition Manager

Legal Documentation Specialist

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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