The Real Property Contract is a fundamental legal instrument in Philippine property transactions, essential for documenting and formalizing the transfer of real estate ownership. This document is required whenever real property is bought, sold, or transferred in the Philippines, whether involving residential, commercial, or industrial properties. The contract must strictly comply with Philippine civil law requirements, including proper identification of parties, detailed property description, clear payment terms, and specific provisions required by local regulations. It serves as the primary evidence of the transaction and forms the basis for property registration with the Register of Deeds. The document must address unique aspects of Philippine property law, such as restrictions on foreign ownership of land and local government requirements. Whether used for simple residential transfers or complex commercial transactions, the Real Property Contract must be notarized and registered to be legally effective.
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: Full legal names and details of all parties involved in the transaction, including their citizenship status (relevant for Philippine property ownership laws)
2. Background: Context of the transaction and brief description of the property being transferred
3. Definitions: Definitions of key terms used throughout the contract
4. Property Description: Detailed legal description of the property including lot number, survey number, tax declaration number, and technical description as per title
5. Purchase Price: Full details of the purchase price and payment terms
6. Mode of Payment: Specific details about how and when payments will be made
7. Warranties and Representations: Seller's warranties regarding ownership, encumbrances, and property condition
8. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other transaction costs
9. Possession and Risk: Terms regarding transfer of possession and assumption of risk
10. Registration and Title Transfer: Process and obligations for transferring title to the buyer
11. Default and Remedies: Consequences of default and available remedies for both parties
12. Governing Law: Specification of Philippine law as governing law and jurisdiction
13. Execution: Formal execution block including notarization requirements
1. Financing Provisions: Include when purchase is subject to mortgage or other financing arrangements
2. Broker Provisions: Include when real estate brokers are involved in the transaction
3. Construction Provisions: Include for properties under construction or requiring specific improvements
4. Condominium Provisions: Include for condominium properties, covering association rules and common areas
5. Environmental Provisions: Include when environmental issues or certifications are relevant
6. Foreign Ownership Provisions: Include when any party is a foreign national, addressing ownership restrictions
7. Tenant Provisions: Include when property is subject to existing leases or tenancies
8. Joint Venture Provisions: Include when property is part of a joint venture arrangement
9. Force Majeure: Include when specific provisions for natural disasters or extraordinary circumstances are needed
1. Property Documents: Copies of title, tax declarations, and technical description
2. Payment Schedule: Detailed breakdown of payment terms and installments if applicable
3. Property Inventory: List of fixtures, fittings, and other items included in the sale
4. Due Diligence Results: Summary of property inspection, title search, and other due diligence findings
5. Tax Certificates: Current real property tax certificates and clearances
6. Property Plans: Approved plans, permits, and technical drawings
7. Powers of Attorney: If any party is acting through an attorney-in-fact
8. Permits and Licenses: Relevant governmental permits and licenses
9. Photos and Documentation: Current photographs and condition documentation of the property
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Construction
Banking and Finance
Property Development
Agriculture (for agricultural land)
Hospitality
Retail
Industrial
Commercial Property
Residential Property
Legal Services
Government and Public Sector
Relevant Teams
Legal
Real Estate
Compliance
Property Management
Asset Management
Corporate Services
Facilities Management
Risk Management
Finance
Operations
Business Development
Investment
Relevant Roles
Real Estate Lawyer
Property Manager
Real Estate Broker
Corporate Counsel
Legal Director
Compliance Officer
Real Estate Developer
Land Registration Officer
Title Examiner
Property Assessor
Real Estate Investment Manager
Asset Manager
Facilities Manager
Contract Administrator
Real Estate Portfolio Manager
Find the exact document you need
Collateral Agreement (Real Estate)
A Philippine law-governed agreement establishing real estate as collateral for securing financial obligations, with provisions for registration and enforcement.
Download
Home Buyout Agreement
A legally binding agreement under Philippine law for the purchase and transfer of residential property, detailing sale terms and transfer conditions.
Download
Home Purchase And Sale Agreement
A legally binding agreement under Philippine law for the sale and purchase of residential property, defining terms, conditions, and obligations of both parties.
Download
Lease Agreement With Option To Purchase (Real Estate)
A Philippine law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both temporary use and potential acquisition of real estate.
Download
Finders Fee Agreement (Real Estate)
A Philippine law-compliant agreement establishing terms for compensating individuals who introduce potential buyers/lessees to property owners, structured in accordance with RESA requirements.
Download
Installment Sales Contract (Real Estate)
A Philippine law-compliant contract for the sale of real estate property through installment payments, incorporating Maceda Law protections.
Download
Side Agreement (Real Estate)
A supplementary agreement modifying or clarifying terms of a main real estate contract under Philippine law.
Download
Novation Agreement (Real Estate)
A Philippine law-governed agreement that substitutes one party in a real estate contract with another party, transferring all related rights and obligations.
Download
License Agreement (Real Estate)
A Philippine law-governed agreement establishing terms for temporary property use rights between a property owner and user.
Download
Equity Sharing Agreement (Real Estate)
A Philippine law-governed agreement establishing shared ownership rights and responsibilities in real estate property, including capital contributions, profit-sharing, and management terms.
Download
Corporate Lease For Residential Property
A Philippine-law governed lease agreement for corporate entities renting residential properties, incorporating corporate tenancy requirements and local property regulations.
Download
Wholesale Purchase And Sale Agreement
A Philippine law-governed agreement establishing terms for wholesale purchase and sale of goods between commercial parties, including pricing, delivery, and quality standards.
Download
Contract For Houses And Residential Land
A Philippine law-compliant contract for the sale and purchase of residential property, including both house and land components.
Download
Contract For Selling A House
A legally binding agreement under Philippine law for the sale and transfer of residential property ownership, detailing terms, conditions, and obligations of both parties.
Download
Area Purchase Contract
A Philippine law-governed contract for the purchase and sale of land area, detailing terms of property transfer and ownership rights.
Download
Real Estate Offer And Acceptance Contract
A Philippine law-governed contract documenting the terms and conditions of a real estate purchase offer and its acceptance.
Download
Property Easement Agreement
A legal agreement under Philippine law establishing rights to use another's property for specific purposes, detailing terms, conditions, and obligations of all parties involved.
Download
Contract To Sell Land
A Philippine law-governed agreement for the conditional sale of land, where title transfer occurs upon full payment completion.
Download
Residential Condominium Contract
A Philippine law-compliant contract for the sale and purchase of a residential condominium unit, outlining terms, conditions, and obligations of all parties involved.
Download
Land Development Agreement
A Philippine law-governed agreement establishing terms and conditions between property owners and developers for land development projects.
Download
Joint Venture Property Development Agreement
A Philippine law-governed agreement establishing a joint venture between parties for real estate property development, covering ownership, responsibilities, and regulatory compliance.
Download
Purchase Agreement For House For Sale By Owner
A Philippine law-governed agreement for the direct sale of residential property between private seller and buyer, without real estate agent involvement.
Download
Private Sale Real Estate Contract
A Philippine law-governed contract for the private sale and transfer of real estate property between parties, detailing terms, conditions, and obligations of the sale.
Download
Commercial Contract Unimproved Property
Philippine law-governed contract for the sale and purchase of unimproved commercial property, incorporating local property regulations and transfer requirements.
Download
Agreement Between Buyer And Commission Agent
A Philippine law-governed agreement establishing terms between a buyer and commission agent, defining commission structures and responsibilities.
Download
Assignable Purchase Contract
A Philippine law-governed purchase agreement that allows for the transfer of contractual rights and obligations to third parties.
Download
Standard Lease Agreement For House Rental
A standardized residential lease agreement template for house rentals in the Philippines, compliant with local housing laws and regulations.
Download
Buyer Exclusive Agreement
A Philippine law-governed agreement establishing exclusive representation rights between a property buyer and their chosen real estate broker for property acquisition services.
Download
Real Estate Reservation Agreement
A Philippine law-compliant agreement establishing terms for reserving real estate property, including reservation fee, period, and payment terms.
Download
Property Tenancy Agreement
A legally binding agreement under Philippine law establishing terms and conditions for property rental between landlord and tenant.
Download
Houses For Sale Contract For Deed
A Philippine-law governed agreement for selling houses through installment payments, where the seller retains title until full payment is received.
Download
Personal Property Agreement
A legal document governed by Philippine law that establishes terms and conditions for transferring ownership of personal property between parties.
Download
For Sale By Owner Sales Contract
A legally binding agreement for direct property sales between owners and buyers in the Philippines, without real estate agent involvement.
Download
Basic Real Estate Contract
A standardized real estate purchase agreement under Philippine law that documents property transfer terms and conditions between buyer and seller.
Download
Private Mortgage Agreement
A legally binding agreement under Philippine law where real property is offered as security for a loan, detailing terms between borrower and lender.
Download
Real Estate Swap Agreement
A Philippine law-governed agreement facilitating the exchange of real estate properties between parties, including terms, conditions, and compliance requirements.
Download
Contract For Sale And Purchase
A Philippine law-governed agreement documenting the transfer of ownership of property or goods from seller to buyer for agreed consideration.
Download
Real Estate Offer Contract
A Philippine law-compliant contract presenting a formal offer to purchase real estate property, specifying transaction terms and conditions.
Download
Owner Finance Real Estate Contract
A Philippine law-compliant contract for seller-financed real estate transactions, establishing terms for property purchase, payment, and ownership transfer.
Download
Condo Purchase Agreement
A Philippine law-governed agreement for the purchase and sale of a condominium unit, detailing terms, conditions, and obligations of all parties involved.
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)