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Deed Of Sale Of Unsegregated Portion Of Land
"I need a Deed of Sale of Unsegregated Portion of Land for selling 1/3 of my family's agricultural property in Cebu to my sister, with an agreement to formally subdivide the land by March 2025."
1. Parties: Identification of the Vendor(s) and Purchaser(s) with complete names, civil status, citizenship, and addresses as required by Philippine law
2. Background: Context of the sale, including details of the parent title, current ownership status, and reason for selling an unsegregated portion
3. Definitions: Key terms used in the deed, including 'Parent Property', 'Subject Portion', 'Purchase Price', and other relevant terms
4. Subject Matter of Sale: Detailed description of the unsegregated portion being sold, including its size, location within the parent property, and percentage share
5. Consideration: Purchase price, payment terms, and acknowledgment of receipt
6. Vendor's Representations and Warranties: Warranties regarding ownership, absence of liens, capacity to sell, and other standard warranties
7. Rights and Obligations of Co-Owners: Statement of rights and responsibilities of all co-owners post-sale
8. Taxes and Expenses: Allocation of transfer taxes, registration fees, and other transaction costs
9. Possession and Enjoyment: Terms regarding the transfer of possession and use of the property
10. Registration and Documentation: Procedures for registering the sale and updating relevant property documents
11. Governing Law: Specification that the deed is governed by Philippine law
12. Execution: Formal closing section with signature blocks and notarial acknowledgment
1. Conditions Precedent: Used when there are specific conditions that must be met before the sale becomes effective
2. Payment Terms: Detailed section needed when payment is not made in full at signing
3. Future Subdivision: Include when parties agree to future physical subdivision of the property
4. Power of Attorney: Required when any party is acting through an attorney-in-fact
5. Consent of Co-Owners: Include when other co-owners' explicit consent is being documented
6. Improvements: Used when there are existing improvements on the unsegregated portion being sold
1. Schedule 1 - Property Description: Technical description of the parent property and the unsegregated portion being sold
2. Schedule 2 - Payment Schedule: If applicable, detailed schedule of installment payments
3. Schedule 3 - Title Documents: Copy of the parent title and other relevant property documents
4. Schedule 4 - Site Plan: Visual representation showing the approximate location of the unsegregated portion
5. Schedule 5 - Tax Declarations: Copies of current tax declarations and receipts
6. Appendix A - Special Power of Attorney: If applicable, power of attorney documents for any represented parties
7. Appendix B - Co-Owners' Consent: Written consent from other co-owners of the parent property
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Real Estate
Property Development
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Agriculture
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Banking and Finance
Land Development
Urban Planning
Property Investment
Commercial Property
Legal
Real Estate
Property Management
Compliance
Land Registration
Document Processing
Property Acquisition
Due Diligence
Corporate Affairs
Asset Management
Real Estate Lawyer
Property Manager
Legal Counsel
Real Estate Broker
Land Developer
Property Officer
Compliance Officer
Real Estate Manager
Title Examiner
Land Registration Officer
Real Estate Administrator
Legal Document Specialist
Property Acquisition Manager
Real Estate Paralegal
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