DATE: _______________________

To Registered Lot Owner:

____________________________________________

Thru:
___________________
Davao City

AGREEMENT OF PROPERTY PURCHASE

This letter shall serve our formal offer to buy your property described below:
Name of Property: Residential Lot
Address:
TCT No.: T-
Lot Area: sqm
Improvements: NONE

TERMS AGREEMENT
Offer Price: ₱ 00000 per sqm
Total Contract Price: ₱ 00000000
Terms of Payment: Cash/ Check Payment (One-time Full payment)
Conditions: Notarization, Capital Gains Tax, Documentary Stamp Tax,
Transfer Tax, Title Registration Fee, Property Survey and other
incidental expenses shall be to the account of the
BUYER/VENDEE.
Handover Condition: As is where is
Requirements from Owner upon • Photocopy of TCT
approval of the proposal for the • Photocopy of Updated Tax Declaration
purpose of issuance of Deed of Sale • Complete Names of Owners and Heirs
• TIN of registered owners
Requirements upon closing deal • Original Copy of TCT
from the owner • Certified True Copy of TCT (to follow)
• Original Copy Updated Tax Declaration
• Owners’ and Heirs’ Gov’t Valid Issued ID with signatures
• Marriage Certificate (if married)

I hereby certify that I am the buyer and agrees to purchase this property in good faith with the agreed
and stipulated terms and conditions.

______________________
Buyer

I hereby certify that I am the owner in fee simple of said property and the said property is free and clear
from any aliens of encumbrances.

IN WITNESS WHEREOF, I hereunto affix my signature as my confirmation to this agreement, this

_____________, at the City of Davao, Philippines.

_______________________
Name of Registered Owner
Date: _________________