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Authority to Sell Real Estate in Bulacan

The document provides an Authority to Sell for two parcels of land totaling 214,707 square meters located in Bulihan, Mojon, Malolos City, Bulacan. It authorizes a group of six individuals (the Second Party) to sell the properties for PHP 6,000 per square meter, with any amount above that price belonging to the Second Party. It outlines the terms of sale including expenses, validity of six months, and requirement that all documents and payments be made in the presence of the landowner (First Party).

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HERMIN ARCEO
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100% found this document useful (1 vote)
2K views3 pages

Authority to Sell Real Estate in Bulacan

The document provides an Authority to Sell for two parcels of land totaling 214,707 square meters located in Bulihan, Mojon, Malolos City, Bulacan. It authorizes a group of six individuals (the Second Party) to sell the properties for PHP 6,000 per square meter, with any amount above that price belonging to the Second Party. It outlines the terms of sale including expenses, validity of six months, and requirement that all documents and payments be made in the presence of the landowner (First Party).

Uploaded by

HERMIN ARCEO
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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AUTHORITY TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This document is executed on this ___ day of ______________, 2021 at


_____________________ by and between:

LOURDES LAGMAN DOMINGO, of legal age, widow and a resident of Lugam, Malolos
City, Bulacan, hereinafter referred to as the FIRST PARTY;

-and –

LEONILA DOBLE, of legal age, married, and a resident of Sto. Rosario, Malolos City,
Bulacan; LUCILA CLEMENTE, of legal age, married, and a resident of Catmon, Malolos City,
Bulacan; AQUILINA SOYANGCO, of legal age, widow, and a resident of Poblacion, Pulilan,
Bulacan; HERMIN ARCEO, of legal age, widower, and a resident of Ilang-Ilang, Guiguinto,
Bulacan and VICTORINO BANTIGUE, of legal age, married, and a resident of Gugo, Calumpit,
Bulacan; hereafter referred to as the SECOND PARTY;

WITNESSETH; THAT:

This Authority to Sell cover the following:

TITLE NO. AREA:


1. TCT NO. T-237144 109,005 SQ.M.
2. TCT NO. T-237145 105,702 SQ.M.
TOTAL 214,707 SQ.M.

Location: Bulihan, Mojon, Malolos City, Bulacan


Selling Price: PhP 6,000.00 per Square Meter
Payment: Cash

Terms and Conditions:

1. The Seller/First Party hereby gives authority to the Second Party to sell above-
described real property at PhP 6,000.00 per square meter. The Second Party is
hereby authorized and has the power to sell the subject properties at a price higher
or more than PhP6,000.00 per square meter with the overprice to pertain and
belong to the Second Party;

2. All expenses including capital gains tax, real estate tax, reconstitution of the title,
publication and notarization of documents shall be for the account of the Second
Party; which expenses shall be taken from any overprice that may be realized;

3. All expenses for the payment of documentary stamp tax, surveying, conversion,
transfer tax and registration of sale shall be for the account of the buyer;

4. It is understood that the Land Owner or Seller/First Party has no obligation and/or
participation in the overprice, which shall pertain and belong exclusively to the
Second Party as incentives;

5. This Authority to Sell is limited only for acts relative to the offer for sale of the said
properties. The Second Party are not authorized to sign documents and receive
payments for and in behalf of the Seller/First Party;
6. All corresponding documents, negotiations and payment should be made in the
presence and signed of all the Sellers/First Party. Any documents signed or
negotiations made and payment received in the absence of the sellers shall be
considered as void;

7. If and when there is/are legal problem/s that is/are that may appear or crop up in
the future, the same shall be prosecuted and/or depended by the buyers at their
own expense;

8. Upon receiving of payment of the Land Owner or Seller/First Party from the Buyer,
the Land Owner or Seller/First Party either cash, partial or full payment, the Second
Party is entitled to get a portion of the payment in accordance with the provision of
paragraphs 1 and 4 above of their additional incentives for the overprice;

9. This Authority to Sell is valid for six (6) months from date of execution.

IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this ____ day
of ________________, 2021 here at ___________________, Philippines.

LOURDES L. DOMINGO
First Party

LEONILA DOBLE AQUILINA SOYANGCO


Second Party Second Party

LUCILA CLEMENTE HERMIN ARCEO


Second Party Second Party

VICTORINO S. BANTIGUE
Second Party

SIGNED IN THE PRESENCE OF:

___________________________ ____________________________
REPUBLIC OF THE PHILIPPINES)
________________________)
________________________)

BEFORE ME, A Notary Public for and in ____________________ personally appeared the
following:

LOURDES L. DOMINGO _______________________ ____________________


LEONILA DOBLE _______________________ ____________________
LUCILA CLEMENTE _______________________ ____________________
AQUILINA SOYANGCO _______________________ ____________________
HERMIN E. ARCEO _______________________ ____________________
VICTORINO BANTIGUE _______________________ ____________________

all known to me and to me known to be the same persons who executed the foregoing
document and who acknowledged to me that the same are their free act and voluntary deed.

This document pertains to an Authority to Sell, consisting of three (3) pages including
this page whereon the acknowledgement is written, signed by the parties and their
instrumental witnesses on each and every page.

WITNESS MY HAND AND SEAL OFFICE on the place and date first above-written.

DOC. NO. ____:


PAGE NO. ____:
BOOK NO. ____:
SERIES OF 2021.

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