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Deed Of Sale Of Unsegregated Portion Of Land Template for Philippines

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Key Requirements PROMPT example:

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."

What is a Deed Of Sale Of Unsegregated Portion Of Land?

The Deed of Sale of Unsegregated Portion of Land is a specialized legal instrument used in Philippine real estate transactions when selling a specific share of a larger property without physical subdivision. This document type is particularly relevant when immediate subdivision is not feasible or desired, but parties wish to proceed with the transfer of ownership rights for a portion of the property. The deed must comply with Philippine property laws, including the Civil Code and Property Registration Decree, and requires careful drafting to clearly define the portion being sold, typically expressed as a percentage or fraction of the whole. It's essential to include provisions addressing co-ownership rights, future subdivision possibilities, and proper registration requirements. The document is commonly used in family property distributions, investment transactions, and agricultural land transfers where physical segregation may be impractical or currently impossible due to legal or physical constraints.

What sections should be included in a Deed Of Sale Of Unsegregated Portion Of Land?

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

What sections are optional to include in a Deed Of Sale Of Unsegregated Portion Of Land?

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

What schedules should be included in a Deed Of Sale Of Unsegregated Portion Of Land?

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

Authors

Alex Denne

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

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