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Deed Of Absolute Sale Portion Of Land

Deed Of Absolute Sale Portion Of Land Template for Philippines

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Key Requirements PROMPT example:

Deed Of Absolute Sale Portion Of Land

"I need a Deed of Absolute Sale Portion of Land for selling 500 square meters of my commercial property in Manila to a corporate buyer, with closing scheduled for March 15, 2025. The portion is part of a larger 2000 square meter lot with TCT No. 123456."

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Document background
The Deed of Absolute Sale Portion of Land is a crucial legal instrument in Philippine property law used when transferring ownership of a specific portion of a larger land parcel. This document is essential in situations where a landowner wishes to sell only part of their property, requiring precise technical descriptions and often involving subdivision proceedings. The deed must comply with the Civil Code of the Philippines, the Property Registration Decree, and various local government regulations. It contains detailed information about the parties, property description, consideration, and warranties, and requires proper notarization and registration. This type of deed is particularly important in developing areas where larger parcels are being subdivided for sale, and must include all necessary government clearances and tax declarations.
Suggested Sections

1. Title and Date: Formal title 'Deed of Absolute Sale' and date of execution

2. Parties: Complete names and addresses of the Vendor and Vendee, including their civil status and nationality as required by Philippine law

3. Background/Recitals: Background information including current ownership details and intention to sell a portion of the land

4. Definitions: Definitions of key terms used in the deed

5. Property Description: Detailed technical description of the portion of land being sold, including boundaries, area, and location

6. Title and Ownership: Details of the mother title, tax declaration, and proof of ownership

7. Consideration: Purchase price, payment terms, and acknowledgment of receipt

8. Warranties and Representations: Seller's warranties regarding ownership, absence of liens, and authority to sell

9. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other expenses

10. Delivery and Transfer of Possession: Terms of physical possession transfer and registration of title

11. Execution Requirements: Formal execution requirements including notarization provisions

Optional Sections

1. Encumbrances: Section detailing any existing liens, mortgages, or encumbrances when applicable

2. Special Conditions: Any special conditions or requirements for the sale, used when there are specific arrangements between parties

3. Subdivision Requirements: Required when the portion being sold needs to undergo subdivision proceedings

4. Power of Attorney: Include when any party is represented by an attorney-in-fact

5. Marital Consent: Required when the seller is married and the property is conjugal

6. Compliance with CARP: Required for agricultural land subject to agrarian reform

7. Environmental Compliance: Required when the property is subject to environmental regulations or restrictions

Suggested Schedules

1. Technical Description: Detailed technical description of the property including meets and bounds, prepared by a licensed surveyor

2. Location Plan/Subdivision Plan: Approved survey plan showing the portion being sold

3. Tax Clearances: Certificates showing payment of real property taxes

4. Title Documents: Copy of the Transfer Certificate of Title or Original Certificate of Title

5. Tax Declarations: Current tax declaration documents

6. Proof of Payment: Receipts or proof of payment of consideration

7. Required Government Clearances: Relevant clearances from local government and other agencies

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

alex.den.21@genieai.co
Relevant legal definitions





























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Relevant Industries

Real Estate

Property Development

Agriculture (for agricultural land)

Commercial Property

Residential Property

Industrial Property

Construction

Urban Development

Land Development

Property Investment

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Land Development

Corporate Secretarial

Investment

Operations

Documentation

Risk Management

Relevant Roles

Real Estate Lawyer

Property Manager

Land Developer

Real Estate Broker

Compliance Officer

Legal Counsel

Property Development Manager

Land Registration Officer

Real Estate Investment Manager

Title Examiner

Corporate Secretary

Land Surveyor

Real Estate Transaction Coordinator

Property Rights Specialist

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

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