PURCHASE THE REAL PROPERTY OF AGRICULTURAL LAND.

INTRO – PROBLEM - LABRADOR

- MEMBERS: CABRERA, BONSUCAN, CAGRO, REMULTA, MAMBURAM,

ARNOCO, JOHAYR, ORCAJADA, LABRADOR

AUTHORITY OF PARTIES

LETTER OF INTENT TO BUY

1. IN THE INTENT TO BUY, INCLUDE THE EARNEST OR OPTION MONEY

- REMULTA (SELLER SIDE) ORCAJADA (BUYER SIDE)

(DEED OF SALE)

BONSUCAN

2. CONDUCT AN INVESTIGATION DUE DILIGENCE OF THE DOCUMENTS:

a. CHECK THE REAL PROPERTY TAX (UPDATED PAYMENT WHOLE
YEAR) - CABRERA

b. GET A UPDATED CERTIFIED THRU COPY OF TCT (ROD) - CAGRO

c. CHECK THE LAND HOLDING (CITY ASSESSOR) - CAGRO

d. CHECK THE STATEMENT OF ACCOUNT IF THERE IS PENDING REAL

PROPERTY TAX (CITY TREASURER) IF NONE. GET A CERTIFICATE
THRU COPY TAX CLEARANCE – CABRERA

e. CHECK THE ZONING OR LAND USE PLAN OF THE SUBJECT PROPERTY

IF FIT THE USE OR PURPOSE OF BUYING. – MAMBURAM
f. CHECK IN THE CITY EGINEER OFFICE IF THE PROPERTY HAS A
BUILDING OR PLANT - MAMBURAM
i. IF THE BUILDING PERMITS IS CONFORM- CHECK THE TAX DEC
IF ALL OF THE IMPROVEMENT IS DECLARED. Eg. Waste disposal
ii. IF NONE INFORM THE SELLING BROKER FOR THE
NEGOTIATION OF THE PRICE.
Eq. the buyer will deduct the cost of application the building permits and
compromised agreement penalty.
 3. CHECK THE TIN OF THE SELLER BOTH HUSBAND AND WIFE (BIR) IF THERE
IS TAX DELIQUENCIES – CABRERA

4. GO TO LRA GET A TECHNICAL DISCRIPTION AND CADASTRAL MAP (FOR

PRIVATE SURVEY) THIS WILL BE USE THE RELOCATION SURVEY AND
PARTITION OF THE PROPERTY. TO CHECK THE BOUNDARIES AND
APPROVED SURVEY.- JOHAYR,

No, partition. Not subdivided

Paliton sa corp is 3.6

After earnest money, conduct due diligence regarding property tax, no encumbrances, pay 50%
condyct

Purpose, to have partition sa portion na paliton

To toheck boundaries (tama na 5 hectares)

Reqts:

1. Dar clearance, to conduct survey, muhatag si da rug clearance , to aurtgorize the

owner tna magpa segregate siy
2. Cadastral survey plan in LRA, to check the adjacent land property, check exact or
main monument as reference sa private surveyor
3. Technical description, it should congruent sa cadastral map. (as refebnrence sa
private surveyor na nag conduct survey)…
4. Conduct approved survey
5. Show actual survey (pictures) and then insert 2 minute video na survey…

Certfified copy, cadastral map ug technical decsription

Dar clearance, to conduct survey

get dar clearance

technical ddescrption sa cadastral map

6. OCCULAR INSPECTION IF THERE IS TENANT, GO TO DAR IF THE TENANT IS

REGISTERED OF NOT.-, ARNOCO

7. CHECK FOR FAULTLINES –PHIVOLCS - CAGRO

LIST OF REQUIREMETS FOR REGISTRATION OF TITLE

1. ROUTING
2. CHECKLIST OF DOCUMENTARY REQUIREMENTS
3. ORIGINAL ONETT COMPUTATION SHEET WITH DUPLICATE
4. CERTIFICATION FEE PHP. 130.00 (1 PHOTO COPY)
5. ORIGINAL DEED OF SALE/EXTRAJUDICIAL SETTLEMENT/DEED IF
DONATION
6. ORIGINAL CERTIFIED THRU COPY OF TITLE
7. ORIGINAL TAX DECLARATION
8. CERTIFICATE OF NO IMPROVEMENT
9. VICINITY MAP ( 1PHOTO COPY)
10. SPA (1 PHOTOCOPY)

PHOTOCOPIES:

11. CERTIFICATION FEE

12. TIN VERIFICATION ( 2 COPIES)
13. DEED OF SALE/EXTRAJUDICIAL SETTLEMENT/DEED OF DONATION( 2
COPIES)
14. TITLE (1 COPY)
15. TAX DECLARATION (2 COPIES)
16. CERTIFICATE OF NO IMPROVEMENT (1 COPY)
17. PAYMENT FORM AND RECEIPTS ( 2 COPIES)
18. DEATH CERTIFICATE (ESTATE) ( 2 COPIES)
19. VICINITY MAP ( 1 COPY)
20. SPA ( 1 COPY)
21. VALID I.D ( 2 COPIES )