1. Parties: Identification of the seller and purchaser, including complete legal names, addresses, and tax identification numbers
2. Background: Context of the transaction, brief description of the property, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the farm property, including exact boundaries, total area, and location details
5. Purchase Price: Agreed purchase price, payment terms, and schedule of payments
6. Payment Terms: Detailed payment structure, including deposits, installments, and final payment arrangements
7. Conditions Precedent: Conditions that must be met before the sale can proceed, including regulatory approvals and documentation requirements
8. Seller's Representations and Warranties: Seller's guarantees regarding property ownership, absence of encumbrances, and compliance with agricultural laws
9. Buyer's Representations and Warranties: Buyer's guarantees regarding legal capacity to purchase and compliance with ownership restrictions
10. Closing and Transfer of Title: Process and requirements for completing the sale and transferring property ownership
11. Taxes and Expenses: Allocation of taxes, registration fees, and other transaction-related expenses
12. Risk and Insurance: Transfer of risk and insurance requirements during the transaction period
13. Default and Remedies: Consequences of default by either party and available remedies
14. Governing Law: Specification of Philippine law as governing law and relevant jurisdictional matters
15. Dispute Resolution: Process for resolving disputes, including mediation and arbitration procedures
16. Notices: Method and addresses for formal communications between parties
17. General Provisions: Standard contractual provisions including severability, entire agreement, and amendments
