��������Ƶ

The Notice of Intent to Purchase is a crucial preliminary document in Philippine business and real estate transactions, used to formally initiate the purchase process of properties or assets. This document is typically employed when a potential buyer has serious interest in making a purchase but needs to formalize their intention before proceeding with a full purchase agreement. It serves multiple purposes: demonstrating the buyer's genuine interest, securing the seller's attention, and potentially securing a time period for due diligence or exclusive negotiations. While not creating a binding obligation to purchase, it often contains key transaction details such as the proposed purchase price, basic terms, and timeline. The document must comply with Philippine legal requirements, particularly those outlined in the Civil Code of the Philippines and relevant commercial regulations. It's commonly used in both business-to-business transactions and significant personal property purchases, providing a structured approach to initiating serious purchase negotiations.

1. Sender's Information: Complete contact details of the potential buyer, including name, address, and contact information

2. Recipient's Information: Complete details of the property owner or seller, including name, address, and contact information

3. Subject Line: Clear indication that this is a Notice of Intent to Purchase with reference to the specific property or asset

4. Property/Asset Description: Detailed description of the property or asset intended to be purchased, including relevant identification numbers or addresses

5. Purchase Intent Declaration: Clear statement expressing the formal intent to purchase the specified property or asset

6. Proposed Terms: Basic terms of the proposed purchase, including intended purchase price and any key conditions

7. Timeline: Proposed timeline for the transaction and validity period of the notice

8. Closing: Formal closing, signature block, and date