Ƶ

Building Purchase Agreement Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Building Purchase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Building Purchase Agreement

"I need a Building Purchase Agreement for acquiring a 10-story commercial building in Makati City, Philippines, from a corporate seller, with completion planned for March 2025 and including provisions for existing tenants and property management transition."

Document background
The Building Purchase Agreement is a crucial legal instrument used in Philippine real estate transactions for the transfer of building ownership. This document is essential when purchasing commercial, residential, or industrial buildings in the Philippines, whether between corporate entities or individual parties. It must comply with the Civil Code of the Philippines, the National Building Code, local government regulations, and relevant property laws. The agreement typically includes detailed provisions on property description, purchase price, payment terms, warranties, due diligence requirements, and completion procedures. Special attention is given to Philippine-specific requirements such as tax certificates, environmental compliance, and local government permits. The document serves as the primary record of the transaction terms and ensures all aspects of the building transfer are legally documented and enforceable under Philippine law.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with complete details including registration numbers for corporations

2. Background: Context of the transaction and brief description of the property being sold

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the building, land, and any included fixtures and fittings

5. Purchase Price: Agreed purchase price and payment terms including deposit arrangements

6. Conditions Precedent: Conditions that must be satisfied before completion of the purchase

7. Due Diligence: Buyer's rights and process for conducting property inspections and document review

8. Seller's Warranties: Warranties regarding property ownership, condition, and compliance with laws

9. Buyer's Warranties: Warranties regarding ability to complete purchase and compliance with anti-money laundering regulations

10. Completion: Process and requirements for closing the transaction

11. Title and Registration: Requirements for transfer of title and registration of the property

12. Tax Provisions: Allocation of tax responsibilities between parties

13. Risk and Insurance: Transfer of risk and insurance requirements

14. Default and Termination: Consequences of default and termination rights

15. Notices: Process for giving formal notices under the agreement

16. Governing Law and Dispute Resolution: Applicable law and process for resolving disputes

17. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability

Optional Sections

1. Existing Tenancies: Required if the building has existing tenants, covering treatment of leases and deposits

2. Environmental Matters: Detailed environmental provisions if the property has known environmental issues

3. Renovation Requirements: Include if specific renovations are agreed as part of the purchase

4. Property Management: Transition provisions if there's an existing property management arrangement

5. Utilities and Services: Special provisions for transfer of utility contracts and services

6. Intellectual Property: Required if the purchase includes building name rights or other IP

7. Employee Matters: Include if building maintenance staff will transfer with the property

8. Financing Provisions: Additional provisions if the purchase is subject to specific financing arrangements

Suggested Schedules

1. Property Details: Detailed technical description of the property including lot number, boundaries, and floor plans

2. Title Documents: List of title documents and certified true copies

3. Existing Leases: Details of all existing lease agreements and tenants

4. Inventory: List of included fixtures, fittings, and equipment

5. Building Permits: Copies of all relevant building permits and certificates

6. Environmental Reports: Environmental assessment reports and certificates

7. Tax Certificates: Property tax clearances and certificates

8. Building Condition Report: Technical survey and condition assessment of the building

9. Form of Transfer Documents: Templates for deed of absolute sale and other transfer documents

10. Property Management Records: Maintenance records and ongoing service contracts

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions















































Clauses



































Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Industrial Property

Banking and Finance

Construction

Property Management

Legal Services

Insurance

Investment Management

Relevant Teams

Legal

Finance

Real Estate

Facilities Management

Risk and Compliance

Operations

Property Management

Asset Management

Investment

Business Development

Due Diligence

Corporate Affairs

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Real Estate Director

Property Manager

Legal Counsel

Corporate Lawyer

Facilities Manager

Asset Manager

Investment Manager

Finance Director

Commercial Director

Compliance Officer

Risk Manager

Property Development Manager

Acquisitions Manager

Real Estate Broker

Building Surveyor

Operations Director

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Selling Contract Form

A standardized contract for real estate sales in the Philippines, ensuring compliance with local property laws while facilitating proper transfer of ownership.

find out more

Car Purchase Agreement (Real Estate)

A Philippine law-governed agreement for vehicle sales and purchases, specifically designed for real estate-related transactions, detailing terms, conditions, and obligations of all parties involved.

find out more

Buy Sell Contract Form

A standardized contract template for sale transactions in the Philippines, compliant with Philippine commercial law and civil code requirements.

find out more

Purchase Agreement For Vacant Lot

A legal agreement for buying and selling undeveloped land in the Philippines, outlining terms, conditions, and compliance with Philippine property laws.

find out more

Buy Sell Car Agreement Form

A Philippine-compliant legal agreement for the sale and purchase of motor vehicles, establishing terms and conditions while ensuring LTO compliance.

find out more

Land Buying Agreement Form

A legally binding agreement under Philippine law for the sale and purchase of land, detailing property transfer terms and ensuring compliance with local property regulations.

find out more

Sell Agreement Of Land

A legally binding agreement under Philippine law for the sale and transfer of land ownership between parties, incorporating all necessary local legal requirements and transfer procedures.

find out more

Realty Purchase Agreement

A legally binding agreement under Philippine law that documents the sale and transfer of real property between a seller and buyer, including all essential terms and conditions.

find out more

Purchase Sale Agreement Commercial (Real Estate)

A Philippine law-governed agreement for the sale and purchase of commercial real estate, detailing all terms, conditions, and requirements for property transfer.

find out more

Buy Sell Agreement Life (Insurance)

A Philippine law-governed agreement combining buy-sell provisions with life insurance requirements to facilitate business succession upon an owner's death.

find out more

Vehicle Sales And Purchase Agreement

A Philippine law-compliant agreement for the sale and purchase of vehicles, detailing terms, conditions, and ownership transfer requirements.

find out more

Assignment Of Purchase And Sale Agreement Form

A Philippine law-governed document transferring rights and obligations under an existing purchase and sale agreement from an assignor to an assignee.

find out more

Agreement For Sale Of Business

A Philippine law-governed agreement detailing terms and conditions for the sale and purchase of an existing business, including assets, liabilities, and operational transfer.

find out more

Real Estate Buyer Seller Agreement Form

A Philippine law-compliant agreement between property seller and buyer detailing terms and conditions of real estate transfer.

find out more

Private Party Auto Purchase Agreement

A Philippine-compliant legal agreement for the private sale and purchase of motor vehicles between individuals.

find out more

Real Estate Contract Of Sale

A Philippine law-compliant contract documenting the sale and transfer of real property ownership between parties, subject to local property and registration laws.

find out more

Sell Agreement

A legally binding contract under Philippine law documenting the transfer of ownership from seller to buyer, including terms of sale and legal obligations.

find out more

Conditional Purchase Agreement

A Philippine law-governed agreement for conditional purchase transactions, establishing terms for sales contingent upon specific conditions.

find out more

Agreement For Purchase And Sale Of Real Property

A Philippine law-governed agreement documenting the terms and conditions for the sale and purchase of real property, ensuring legal transfer of ownership.

find out more

Simple Lot Purchase Agreement

A legally binding agreement under Philippine law for the purchase and sale of vacant land, detailing property specifications, price, and transfer terms.

find out more

House Selling Agreement Form

A legally binding agreement under Philippine law that documents the terms and conditions for the sale of residential property from seller to buyer.

find out more

Residential Sale And Purchase Contract

A legally binding agreement under Philippine law for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.

find out more

Standard House Purchase Contract

A standardized contract under Philippine law for the purchase and sale of residential property, ensuring legal compliance and protecting both parties' interests.

find out more

Standard Land Purchase And Sale Agreement

A legally binding agreement under Philippine law for the purchase and sale of land, outlining all essential terms and conditions of the property transfer.

find out more

Contract For Selling A Car In Payments

A Philippine law-compliant agreement for the sale of a vehicle through installment payments, including payment terms, security interests, and ownership transfer conditions.

find out more

Purchase And Resale Agreement

A commercial agreement governed by Philippine law that establishes terms for product purchase and subsequent resale, including pricing, delivery, and resale rights.

find out more

Agreement For Sale Of Agricultural Land

A Philippine law-governed agreement for transferring agricultural land ownership, ensuring compliance with CARL and related regulations.

find out more

Property Sale Contract Between Seller And Buyer

A legally binding agreement under Philippine law that documents the terms and conditions for the transfer of property ownership from seller to buyer.

find out more

Residential Contract For Sale And Purchase

A legally binding agreement under Philippine law for the sale and purchase of residential property, detailing terms, conditions, and obligations of both seller and buyer.

find out more

Private Land Purchase Agreement

A legally binding agreement under Philippine law for the purchase and sale of private land, detailing property transfer terms and conditions.

find out more

Standard Sale And Purchase Agreement

A legally binding agreement under Philippine law that documents the terms and conditions for the sale and purchase of goods, assets, or property between parties.

find out more

Short Sale Purchase Agreement

A Philippine law-governed agreement for selling property below the outstanding mortgage balance, subject to lender approval.

find out more

Agreement For Sale Of Motor Vehicle

A Philippine law-compliant agreement for the sale and transfer of ownership of a motor vehicle, incorporating essential legal and regulatory requirements.

find out more

Simple Real Estate Sales Agreement

A comprehensive real estate sales agreement template for property transactions in the Philippines, ensuring compliance with local property laws and regulations.

find out more

As Is Contract For Sale And Purchase

A Philippine law-governed contract for the sale and purchase of property/goods in their current condition, without warranties from the seller.

find out more

Commercial Property Purchase And Sale Agreement

A legally binding agreement under Philippine law for the purchase and sale of commercial real estate property, detailing all transaction terms and conditions.

find out more

Lot Purchase Contract

A Philippine law-governed agreement for the sale and purchase of land, detailing property specifics, price, and transfer terms.

find out more

Sale Purchase Form

A Philippine law-governed agreement documenting the terms and conditions for the transfer of ownership from seller to buyer.

find out more

Residential Sale Contract

A legally binding agreement under Philippine law for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.

find out more

Intent To Sell Agreement

A Philippine law-governed agreement documenting a seller's commitment to sell and a buyer's intention to purchase specific property or goods under agreed terms.

find out more

Buy Sell Agreement For 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.

find out more

Asset Purchase Agreement Installment Payments

A Philippine law-governed agreement for asset purchases with installment payment terms, incorporating local legal requirements and buyer protections.

find out more

As Is Home Purchase Agreement

A Philippine law-governed agreement for the purchase of real property in its current condition, with buyer acknowledging all existing defects.

find out more

Agreement Of Purchase And Sale Condominium

A legally binding agreement under Philippine law for the purchase and sale of a condominium unit, detailing terms, conditions, and obligations of both parties.

find out more

Residential Real Estate Purchase Agreement

A legally binding agreement under Philippine law for the purchase and sale of residential real estate property, detailing all essential terms and conditions of the transfer.

find out more

Simple Real Estate Purchase Contract

A standardized contract for real estate purchases in the Philippines, documenting essential terms of property transfer between seller and buyer under Philippine law.

find out more

Purchase Agreement Mobile Home Bill Of Sale

A Philippine law-governed agreement documenting the sale and transfer of ownership of a mobile home, including essential terms and conditions of the transaction.

find out more

Home Sale Agreement

A legally binding agreement for residential property sale in the Philippines, documenting transfer of ownership and terms between buyer and seller.

find out more

Sale Contract Agreement

A legally binding agreement under Philippine law that documents the terms and conditions of a sale transaction between parties, ensuring protection of both seller and buyer interests.

find out more

Agreement To Sell Real Estate Contract

A preliminary contract under Philippine law establishing terms and conditions for a future real estate sale, creating binding obligations between seller and buyer.

find out more

Purchase Agreement Personal Property

A Philippine law-governed agreement documenting the sale and transfer of personal property between a seller and buyer.

find out more

Legal Real Estate Contract

A legally binding real estate sale agreement under Philippine law that documents property transfer terms, conditions, and obligations between parties.

find out more

Vacant Land Purchase Contract

A legally binding agreement under Philippine law for the purchase and sale of vacant land, detailing transaction terms and ensuring compliance with local property regulations.

find out more

International Purchase Contract

A Philippine law-governed contract for international purchase and sale of goods, establishing terms for cross-border commercial transactions.

find out more

Buy Sell Agreement Cross Purchase

A Philippine law-governed agreement establishing terms for shareholders to purchase shares from departing co-owners, ensuring business continuity and controlled ownership transfer.

find out more

Real Estate Contract Form

A standardized contract form for real estate transactions in the Philippines, ensuring compliance with local property laws and regulations while facilitating property ownership transfer.

find out more

Purchase And Sale Agreement Oil And Gas

A Philippine law-governed agreement for the sale and purchase of oil and gas assets, incorporating local regulatory requirements and industry-specific provisions.

find out more

Land Purchase And Sale Agreement

A legally binding agreement under Philippine law for the sale and purchase of land property, detailing terms, conditions, and compliance requirements for property transfer.

find out more

Equipment Purchase And Sale Agreement

A legally binding agreement under Philippine law governing the purchase and sale of equipment, including terms, conditions, and warranties.

find out more

Building Purchase Agreement

A legal agreement for building purchase and ownership transfer in the Philippines, complying with local property laws and regulations.

find out more

Purchase Agreement For Commercial Property

A legally binding agreement under Philippine law for the purchase and sale of commercial property, detailing terms, conditions, and obligations of all parties involved.

find out more

Deed Of Sale Contract

A Philippine law-governed document that legally transfers ownership of property from seller to buyer, detailing terms, conditions, and consideration of the sale.

find out more

Offer Purchase Contract

A Philippine law-governed contract documenting a buyer's formal offer to purchase property and the proposed terms of sale.

find out more

Boat Purchase Agreement

A legally binding agreement under Philippine law for the sale and purchase of a marine vessel, ensuring compliant transfer of vessel ownership.

find out more

Installment Purchase Contract

A Philippine law-governed agreement for installment purchase arrangements, detailing payment terms and ownership transfer conditions while ensuring compliance with local consumer protection laws.

find out more

Standard Purchase And Sale Agreement

A comprehensive agreement governed by Philippine law that documents the terms and conditions for the sale and purchase of goods, property, or assets between parties.

find out more

Real Estate Addendum Form

A Philippine-compliant legal form used to modify or supplement existing real estate agreements, subject to local real estate laws and HLURB regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.