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Deed Of Sale With Marital Consent
"I need a Deed of Sale with Marital Consent for a residential property in Manila, Philippines, where both seller and buyer are married, and the property has an existing mortgage that needs to be discharged by March 2025."
1. Parties: Identification of the Seller(s), their spouse(s), and the Buyer(s) with complete names, civil status, and addresses
2. Background: Context of the sale, including brief property ownership history and marriage status of the parties
3. Definitions: Definition of key terms used throughout the deed
4. Property Description: Detailed description of the property being sold, including location, boundaries, and title certificate details
5. Purchase Price: Statement of the agreed purchase price and payment terms
6. Marital Consent: Express consent of the spouse(s) to the sale of the property
7. Representations and Warranties: Seller's warranties regarding property ownership, absence of liens, and authority to sell
8. Rights and Obligations: Specific rights and obligations of all parties involved in the transaction
9. Taxes and Expenses: Allocation of responsibility for transfer taxes, registration fees, and other transaction costs
10. Delivery and Transfer: Terms for the physical and legal transfer of the property
11. Execution: Formal signing section including notarial acknowledgment
1. Broker's Commission: Include when a real estate broker is involved in the transaction
2. Mortgage Release: Include when the property has an existing mortgage that needs to be discharged
3. Tenant Rights: Include when the property is currently leased to tenants
4. Construction Warranties: Include for newly constructed properties with existing builder warranties
5. Environmental Provisions: Include when there are environmental considerations or requirements
6. Third-Party Consents: Include when additional third-party approvals are required beyond spousal consent
1. Property Documents: Copies of title certificate, tax declarations, and property surveys
2. Payment Schedule: Detailed breakdown of payment terms if not made in full
3. Marriage Certificates: Proof of marriage of the parties requiring spousal consent
4. Tax Clearances: Current real property tax clearances and receipts
5. Property Photos: Recent photographs of the property and its boundaries
6. Power of Attorney: If any party is acting through an attorney-in-fact
Authors
Real Estate
Property Development
Construction
Banking & Finance
Legal Services
Property Management
Housing & Development
Urban Planning
Land Development
Legal
Real Estate
Property Management
Documentation
Compliance
Property Development
Sales
Transactions
Contract Administration
Real Estate Attorney
Property Lawyer
Conveyancing Lawyer
Real Estate Broker
Property Manager
Title Officer
Legal Counsel
Notary Public
Property Developer
Real Estate Agent
Legal Documentation Specialist
Property Rights Specialist
Real Estate Transaction Manager
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