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Deed Of Sale Of Registered Land Template for Philippines

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Key Requirements PROMPT example:

Deed Of Sale Of Registered Land

"I need a Deed of Sale of Registered Land for my company's purchase of a 500-square-meter industrial lot in Manila, Philippines, with the transaction closing planned for March 15, 2025, and payment to be made in three installments."

Document background
The Deed of Sale of Registered Land is a crucial legal instrument in Philippine property law, used whenever there is a transfer of ownership of registered real property. This document type is specifically governed by the Civil Code of the Philippines and the Property Registration Decree (PD 1529), requiring strict adherence to formal requirements for validity. The deed must include comprehensive details about the property being sold, including its technical description from the Transfer Certificate of Title, complete information about the parties involved, precise terms of sale, and necessary warranties. It serves as the primary evidence of the property transfer and must be notarized and registered with the Registry of Deeds to be effective. The document is particularly important as it forms part of the chain of titles in the Torrens system of land registration used in the Philippines, ensuring clear and indisputable ownership rights.
Suggested Sections

1. Title and Preamble: Identifies the document as a Deed of Sale and date of execution

2. Parties: Identifies and provides complete details of the Vendor/Seller and Vendee/Buyer including their civil status, citizenship, and addresses

3. Background: States the Vendor's ownership of the property and desire to sell, and the Vendee's willingness to purchase

4. Definitions: Defines key terms used in the deed including 'Property', 'Purchase Price', 'Transfer Date', etc.

5. Property Description: Detailed technical description of the land including lot number, survey number, certificate of title number, boundaries, and area

6. Consideration: States the purchase price, payment terms, and acknowledgment of receipt

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

8. Transfer of Title and Ownership: Explicit statement of transfer of rights, title, and interests from seller to buyer

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

10. Possession: Terms regarding the delivery of possession of the property

11. Registration and Title Transfer: Process and obligations for registering the transfer with the Registry of Deeds

12. Execution: Formal closing including signatures, witnesses, and notarization

Optional Sections

1. Conditions Precedent: Used when there are specific conditions that must be met before the sale becomes effective

2. Payment Terms: Detailed section needed when payment is not made in full at signing but involves installments or specific arrangements

3. Encumbrances: Required when there are existing liens, mortgages, or other encumbrances that need to be addressed

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

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

6. Broker's Commission: Included when a broker or agent is involved in the transaction

Suggested Schedules

1. Property Documents: Copies of the Transfer Certificate of Title, tax declarations, and tax clearances

2. Technical Description: Detailed technical description of the property including survey plans

3. Payment Schedule: If applicable, detailed schedule of installment payments

4. Tax Certificates: Current real property tax receipts and certificates

5. Special Power of Attorney: If applicable, document authorizing representation of either party

6. Supporting Documents: Marriage certificates, corporate authorizations, or other relevant supporting documents

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


























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Relevant Industries

Real Estate

Property Development

Construction

Agriculture

Banking and Finance

Legal Services

Property Investment

Industrial Development

Commercial Development

Tourism and Hospitality

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Corporate Affairs

Documentation

Land Registration

Asset Management

Investment

Risk Management

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Broker

Land Developer

Corporate Lawyer

Legal Counsel

Compliance Officer

Real Estate Officer

Property Administrator

Land Registration Officer

Notary Public

Title Examiner

Real Estate Investment Manager

Asset Manager

Legal Document 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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