LETTER OF INTENT TO BUY

Seller

Company

Address

Date…………………….

THRU:

Subject:

Gentlemen,

We hereby offer to purchase the above mentioned property for the sum …………………………….
(………………………….) or its value in Philippine Peso under the following terms and Conditions:

The purchase price shall be paid in cash in following terms of payment.

Capital Gains Tax, Real Estate Tax, Documentary Stamps and E-VAT (if implemented) shall be for the
account of the seller.
Registration Fees, Transfer Fees and other expenses necessary for the issuance of a new title shall be for
the account of the buyer.

Seller agrees that the sale shall be based on the …………….. Value.

This offer to purchase is made on the representation and warranty of the Owner/Seller, that he/she
holds a good and register able title to the property, which shall be conveyed clear and free of all liens
and encumbrances.

Upon consummation of the sale of the subject property, the authorized Real Estate Brokers
…………………………………………... are entitled to a (….%) percent commission based on the agreed and
consummated selling price.

If our offer merits your considerations, kindly give us confirmation through our broker
………………………….. at tel……………………

Company.

Signatory

Position CONFORME
______________________________________

SELLER

AUTHORITY TO SELL

This is to Authorize ……………………………, to offer for sale our property which details listed below;

Location : ……………………………………………………………

…………………………………………………………….

Transfer Certificate of Title No : ……………

Tax Declaration no. :…………….

Land/Unit Area : ………….sq.m

Selling Price : …………….

Commission rate : ……%

Terms of payment : ……………

Expenses to be paid :

Seller : Capital Gain tax

: Real Estate tax up to the time of sale

: Agent Commission

: Documentary Stamp (Negotiable)

Buyer : Transfer tax

: Registration fees

This authority is hereby issued this ……….day of ……….. 2014 in …… City and shall stay valid until ……………
or mutually terminated in writing.

Very truly yours,

……………………………………

Seller