A Name Change Addendum To Real Estate Contract is essential when any party to a real estate contract in the Philippines has legally changed their name, whether through marriage, divorce, court order, or other legal means. This document serves as a formal bridge between the original contract and the new legal identity of the party, ensuring continuity of property rights and obligations. It must comply with Philippine property law, including the Civil Code of the Philippines and Land Registration Authority requirements. The addendum typically includes references to the original contract, details of the name change, supporting legal documentation, and confirmation that all other terms and conditions remain unchanged. This document is particularly important for maintaining clear property records and preventing any future legal complications regarding property ownership or transfer rights.
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1. Parties: Identification of all parties to the original contract, including both the original names and new names where applicable
2. Background: Reference to the original real estate contract including date and details, and brief explanation of the reason for the name change
3. Definitions: Key terms used in the addendum, including references to the 'Original Contract', 'Effective Date', and any other relevant terms
4. Name Change Declaration: Formal statement of the name change, specifying the old name and new name
5. Legal Basis: Reference to the legal documentation supporting the name change (court order, marriage certificate, etc.)
6. Effect on Original Contract: Statement confirming that all terms and conditions of the original contract remain in full force and effect
7. Execution: Signature block for all parties, including spaces for witnesses and notarization
1. Property Description: Detailed description of the property - include if the original contract reference is not sufficient
2. Additional Party Consents: Required when there are multiple parties to the original contract who need to acknowledge the name change
3. Recording Instructions: Include when specific instructions for recording the amendment with property registries are needed
4. Representations and Warranties: Include when additional confirmations about the legitimacy of the name change are required
1. Schedule A - Supporting Documents: Copies of legal documents evidencing the name change (marriage certificate, court order, etc.)
2. Schedule B - Original Contract: Copy of the original real estate contract being amended
3. Schedule C - Property Details: If needed, detailed description of the property and its current registration details
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