Document background
The Simple Deed of Sale of Land is a fundamental legal instrument in Philippine real estate transactions, used when transferring ownership of real property from one party to another. This document type is essential for completing land transactions in compliance with the Civil Code of the Philippines and the Property Registration Decree. When preparing a Simple Deed of Sale of Land, it must include specific elements required by Philippine law such as the technical description of the property, purchase price, and terms of payment. The document serves as evidence of the transfer and becomes the basis for registration with the Register of Deeds to effect the change in ownership. It's commonly used in both urban and rural property transactions and must be notarized to be valid. The deed should be drafted with careful attention to detail as it will be scrutinized by various government agencies during the registration process.
