抖阴短视频

Pre Sale Agreement Property Template for Philippines

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Key Requirements PROMPT example:

Pre Sale Agreement Property

"I need a Pre Sale Agreement Property for a luxury condominium development in Manila, Philippines, with specific provisions for staged payments and completion scheduled for March 2025, including special clauses for amenities access and property management."

Document background
The Pre Sale Agreement Property is a fundamental document in Philippine real estate transactions involving properties sold before completion. This agreement type is specifically regulated under Presidential Decree No. 957 and subsequent regulations administered by the Department of Human Settlements and Urban Development (DHSUD). It is used when a developer intends to sell properties off-plan or during the construction phase, requiring detailed documentation of property specifications, payment terms, and delivery conditions. The agreement must incorporate specific buyer protections mandated by Philippine law, including construction timelines, quality standards, and remedy provisions. This document is essential for developers seeking to pre-sell properties while ensuring legal compliance and buyer protection, and it forms the basis for subsequent property registration and title transfer processes.
Suggested Sections

1. Parties: Identification of the Seller/Developer and Buyer with complete details as required by Philippine regulations

2. Background: Context of the transaction and brief description of the property development project

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

4. Property Description: Detailed description of the property including lot/unit number, floor area, boundaries, and technical specifications

5. Purchase Price: Total purchase price, payment schedule, and terms of payment including reservation fee, down payment, and balance

6. Payment Terms: Detailed payment structure, installment plans, and payment methods in compliance with Philippine regulations

7. Completion and Delivery: Expected completion date, delivery terms, and acceptance procedures

8. Warranties and Representations: Seller's warranties regarding property title, construction quality, and compliance with regulations

9. Rights and Obligations: Detailed responsibilities of both parties during the pre-sale period

10. Default and Remedies: Consequences of default by either party and available remedies including Maceda Law provisions

11. Transfer of Title: Conditions and process for the transfer of property title

12. Taxes and Fees: Allocation of taxes, registration fees, and other charges

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

14. Dispute Resolution: Process for resolving disputes including mediation and arbitration procedures

Optional Sections

1. Financing Provisions: Include when buyer is obtaining bank financing, detailing terms and conditions of the financing arrangement

2. Construction Progress: Include for properties under construction, detailing construction milestones and reporting requirements

3. Property Management: Include for condominiums or properties within managed developments, describing management terms

4. Assignment Rights: Include when transfer rights are being granted to the buyer before full payment

5. Force Majeure: Include detailed force majeure provisions for areas prone to natural disasters

6. Utilities and Connections: Include when there are specific arrangements for utility connections and provisions

7. Amenities and Common Areas: Include for properties in developments with shared facilities and amenities

8. Environmental Compliance: Include when property is subject to specific environmental regulations or requirements

Suggested Schedules

1. Property Details Schedule: Detailed technical specifications, floor plans, and property boundaries

2. Payment Schedule: Detailed breakdown of payment terms, amounts, and due dates

3. Construction Timeline: Detailed construction and delivery milestones

4. Developer's Permits: Copies of HLURB/DHSUD permits and licenses

5. Property Documents: Title documents, tax declarations, and other property-related certificates

6. Amenities List: Details of included amenities and facilities

7. Unit Specifications: Detailed finishing specifications and included fixtures

8. Building Rules: Applicable building rules and regulations for condominiums or planned developments

Authors

Alex Denne

Head of Growth (Open Source Law) @ 抖阴短视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

















































Clauses

































Relevant Industries

Real Estate Development

Construction

Property Management

Banking and Finance

Legal Services

Urban Development

Residential Property

Commercial Property

Property Investment

Real Estate Brokerage

Relevant Teams

Legal

Real Estate Sales

Property Development

Compliance

Operations

Business Development

Risk Management

Documentation

Project Management

Customer Relations

Relevant Roles

Real Estate Developer

Property Sales Manager

Legal Counsel

Real Estate Broker

Property Development Director

Compliance Officer

Contract Manager

Project Manager

Sales Director

Real Estate Attorney

Property Development Executive

Business Development Manager

Risk Management Officer

Real Estate Operations Manager

Documentation 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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