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The House Sale Agreement is a crucial legal instrument in Philippine real estate transactions, designed to formalize and document the transfer of residential property ownership. This document is essential when any residential property is being sold in the Philippines, whether it's a standalone house, townhouse, or other residential structure with land. The agreement must comply with the Civil Code of the Philippines, the Maceda Law, and various local property regulations. It includes detailed provisions for property description, purchase price, payment terms, warranties, and tax obligations specific to Philippine jurisdiction. The House Sale Agreement serves as the primary reference document for the transaction and is required for property registration, tax purposes, and future legal matters relating to the property transfer.

1. Parties: Identification and details of the Seller and Buyer, including complete legal names, civil status, addresses, and tax identification numbers

2. Background: Context of the sale, brief description of the property, and intention of the parties to enter into the agreement

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

4. Property Details: Comprehensive description of the property including lot area, floor area, boundaries, and technical description as per title

5. Purchase Price: Total purchase price, payment terms, and method of payment

6. Payment Terms: Detailed breakdown of payment schedule, earnest money, and balance payment arrangements

7. Representations and Warranties: Seller's warranties regarding ownership, absence of liens, and property condition; Buyer's warranties regarding financial capacity

8. Conditions Precedent: Requirements to be fulfilled before completion, including documentation and regulatory requirements

9. Completion Requirements: Steps for formal transfer of property ownership and documentation

10. Tax Obligations: Allocation of tax responsibilities including capital gains tax, documentary stamp tax, and transfer tax

11. Possession: Terms and timing of transfer of possession

12. Default and Remedies: Consequences of default by either party and available remedies

13. Governing Law: Specification of Philippine law as governing law and jurisdiction

14. Execution: Signature blocks and notarization requirements