INTENT TO BUY

May 29, 2023

_______
Property Owner
______

Re: LOT (284 sq.m.)

Dear Mr:

This is to signify my intention to purchase your real estate property as specifically

described below:

Total Lot Area: 284 sq.m.

Lot Classification: residential
Transfer Certificate of Title Number: T-00000
Lot Number: 1-A
Location: City
Selling Price: Php 0/sq.m. or Php 000
Sale Transaction: net listing

SELLER’S ACCOUNT
*Real property tax up to the date of sale
*Broker’s fee

BUYER’S ACCOUNT:
*Capital Gains Tax, Documentary stamp tax, notarial fee,
*Transfer tax, registration fees, and other miscellaneous expense relative to the transfer
of title and tax declaration

This is subject to the following terms and conditions:

1. That the Seller will take charge of the broker’s fee and the updated real property
tax;
 2. That the Buyer will take charge of the capital gains tax, documentary stamp
tax, notarial/lawyer’s fee, transfer tax, registration and processing fees,
and other miscellaneous fees relative to the transfer of title and tax declaration;

3. That the Seller would declare the value of the property in the deed of sale based
on its updated zonal value, for tax purposes;

4. That the Seller has already paid up to date the real property tax for the year 2023-

5. That the property is free of any lien and encumbrance as shown in the recent
certified true copy of lot title and tax declaration.

I am looking forward to meeting you or your attorney-in-fact to finalize the details of the
sale transaction. Thanks a lot.

Yours truly,

__________________________
Buyer’s Printed Name and Signature

Accepted by:

_______________________________
Property Owner or His Attorney-in-fact

Date: ____________________