The Property Purchase Form is a crucial legal document used in Philippine real estate transactions to initiate and formalize property transfers. It serves as the preliminary agreement that captures all essential terms of the property sale, including detailed property descriptions, price, payment terms, and conditions precedent to closing. This document is required under Philippine property law and must comply with various regulations, including the Civil Code of the Philippines, the Property Registration Decree, and local government requirements. It's particularly important as it forms the basis for the subsequent Deed of Absolute Sale and the property registration process. The form includes provisions for both parties' protection, tax implications, and specific requirements for different property types, whether residential, commercial, or agricultural.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the Seller and Buyer, including complete legal names, civil status, citizenship, and addresses
2. Background: Brief context of the transaction and confirmation that the Seller owns and has the right to sell the property
3. Definitions: Definition of key terms used throughout the document
4. Property Details: Complete description of the property including lot number, street address, boundaries, area, and title certificate number
5. Purchase Price: The agreed purchase price and detailed payment terms
6. Payment Terms: Structure of payments including deposits, installments, and final payment arrangements
7. Conditions Precedent: Conditions that must be met before the sale can proceed
8. Seller's Representations and Warranties: Seller's declarations regarding property ownership, absence of liens, and authority to sell
9. Buyer's Representations and Warranties: Buyer's declarations regarding capacity to purchase and source of funds
10. Closing Requirements: Documents and actions required to complete the transfer of property
11. Transfer of Title: Process and timeline for transferring the property title to the buyer
12. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other transaction costs
13. Default and Remedies: Consequences and available remedies in case of default by either party
14. Governing Law: Confirmation that Philippine law governs the agreement
15. Execution: Signature blocks for all parties and witnesses
1. Broker Involvement: Details of any real estate broker involved in the transaction, used when a licensed broker facilitated the sale
2. Mortgage Contingency: Conditions related to buyer's mortgage financing, included when purchase depends on successful loan approval
3. Property Inspection: Terms for property inspection and consequences of findings, used for properties requiring detailed inspection
4. Tenant Rights: Details of existing tenancy and related obligations, included when property is currently leased
5. Improvements and Fixtures: Detailed list of included/excluded improvements and fixtures, used when specific items need clarification
6. Foreign Ownership Compliance: Special provisions ensuring compliance with foreign ownership restrictions, used when buyer is non-Filipino
7. Condominium Association: Terms related to condominium association membership and fees, used for condominium properties
1. Property Description Schedule: Detailed technical description of the property including lot plans and technical boundaries
2. Title Documents: Copies of relevant property titles and certificates
3. Payment Schedule: Detailed breakdown of payment installments and due dates
4. Property Inspection Report: Results of property inspection and list of any identified issues
5. Tax Clearance Certificates: Copies of relevant tax clearances and certificates
6. Property Photos: Recent photographs of the property and its major features
7. Deed of Absolute Sale Template: Draft of the deed of absolute sale to be executed upon completion of payments
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Investment
Housing Development
Commercial Property
Residential Property
Urban Development
Agriculture (for agricultural land)
Industrial Development
Retail Property
Relevant Teams
Legal
Real Estate
Compliance
Property Management
Asset Management
Documentation
Finance
Risk Management
Corporate Affairs
Investment
Acquisitions
Transaction Processing
Relevant Roles
Real Estate Agent
Property Manager
Legal Counsel
Corporate Lawyer
Property Developer
Real Estate Broker
Compliance Officer
Title Officer
Real Estate Transaction Manager
Property Acquisition Manager
Real Estate Investment Manager
Land Development Officer
Real Estate Documentation Specialist
Property Rights Attorney
Real Estate Finance Manager
Find the exact document you need
As Is Offer To Purchase (Real Estate)
A Philippine-compliant offer to purchase real estate property in its current condition ("as is"), outlining terms, price, and buyer's acknowledgment of property condition.
Download
Buy Sell Contract (Real Estate)
A legally binding agreement for real property transfer in the Philippines, detailing terms of sale and compliance with local property laws.
Download
Real Estate Buy Sell Agreement
A legally binding agreement under Philippine law for the sale and purchase of real property, detailing terms, conditions, and obligations of both parties.
Download
Property Sale Contract Form
A standardized contract form for real property sales in the Philippines, ensuring compliance with Philippine property laws and regulations while protecting both buyer's and seller's interests.
Download
Real Estate Purchase Contract
A legally binding agreement under Philippine law for the sale and purchase of real property, outlining terms, conditions, and obligations of both parties.
Download
Property Purchase Form
A legally-binding form under Philippine law that documents the terms and conditions for the purchase and sale of real property.
Download
Purchase And Sale Agreement Contract
A legally binding agreement under Philippine law that documents the terms and conditions for the transfer of property or goods from seller to buyer.
Download
Real Estate Purchase Offer
A formal written proposal to purchase real property in the Philippines, outlining key terms and conditions under Philippine law.
Download
Purchase And Sale Agreement Business
A Philippine law-governed agreement for the sale and purchase of a business, detailing transfer terms, conditions, and obligations.
Download
Contract For Buying A House
A legally binding agreement under Philippine law for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.
Download
Standard Form Real Estate Contract
A standardized real estate purchase agreement template compliant with Philippine law, facilitating property transfers between buyers and sellers.
Download
Contract To Sell Real Property
A Philippine law-governed agreement establishing terms for a conditional sale of real property, with ownership transfer contingent upon full payment.
Download
Commercial Letter Of Intent To Purchase
A preliminary document under Philippine law expressing a buyer's formal intent to purchase assets or a business, outlining key terms and conditions for the proposed transaction.
Download
Land Selling Agreement Letter
A legal document for land sale transactions in the Philippines, detailing property transfer terms and conditions in compliance with Philippine property law.
Download
Contract To Buy And Sell Real Estate Residential
A Philippine law-governed agreement for the purchase and sale of residential real estate, detailing terms, conditions, and obligations of the transaction.
Download
Standard Property Sale Contract
A comprehensive property sale agreement template compliant with Philippine law, facilitating legal transfer of real estate between parties.
Download
Apartment Buyer Agreement
A Philippine law-governed agreement for the purchase and sale of an apartment unit, detailing terms, conditions, and obligations of both buyer and seller.
Download
Agreement To Sell Real Estate Form
A Philippine law-governed agreement outlining terms and conditions for the sale of real estate property, serving as a preliminary contract before the final Deed of Absolute Sale.
Download
Private Real Estate Sale Contract
A contract governed by Philippine law for the sale and transfer of real estate property between private parties, detailing terms, conditions, and obligations of the sale.
Download
Letter Of Agreement To Sell Property
A formal document under Philippine law that outlines the terms and conditions for the sale of real property, serving as a preliminary agreement between seller and buyer.
Download
Residential Sales Agreement
A legally binding agreement under Philippine law for the sale and purchase of residential property, detailing terms, conditions, and obligations of all parties involved.
Download
Contract For The Sale And Purchase Of Land
A Philippine law-governed agreement for the sale and transfer of land ownership, detailing property specifics, price, and terms while ensuring compliance with local property laws.
Download
Real Estate Offer And Acceptance Form
A standardized legal document used in the Philippines for formalizing real estate purchase offers and their acceptance, compliant with Philippine property laws.
Download
Letter Of Intent To Purchase Property
A preliminary document under Philippine law expressing intent to purchase property and outlining basic terms of the proposed transaction.
Download
Contract To Sell Home
A Philippine law-governed agreement establishing a conditional sale of residential property, where property ownership transfers only upon full payment of the purchase price.
Download
Private House Sale Contract
A contract governed by Philippine law for the private sale of residential property, outlining terms, conditions, and legal requirements for property transfer.
Download
Purchase Agreement Improved Property
A Philippine law-governed agreement for the sale and purchase of improved property, detailing transfer terms and compliance requirements.
Download
Real Estate Offer To Purchase
A formal written proposal to purchase real property in the Philippines, outlining purchase terms and conditions in accordance with Philippine law.
Download
Residential Sales Contract
A legally binding agreement under Philippine law for the sale and purchase of residential real estate property, outlining terms, conditions, and obligations of all parties involved.
Download
Letter Of Offer To Sell Property
A formal written offer to sell property in the Philippines, stating key terms and conditions of the proposed sale under Philippine law.
Download
Real Estate Buyout Agreement
A Philippine law-governed agreement for the purchase and sale of real estate property, outlining transfer terms and conditions in compliance with local regulations.
Download
Offer And Agreement To Purchase
A Philippine law-governed agreement documenting a buyer's offer to purchase property and the terms of sale upon seller's acceptance.
Download
Wholesale Purchase Agreement
A Philippine law-governed agreement establishing terms and conditions for wholesale purchase of goods between supplier and buyer, including ordering, pricing, delivery, and quality requirements.
Download
Seller And Buyer Agreement
A Philippine law-governed agreement establishing terms and conditions between seller and buyer for a sale transaction.
Download
Land Purchase Agreement
A Philippine law-governed agreement for the sale and purchase of land, including terms of transfer and compliance with local property regulations.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)