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Letter of Intent To Buy

This letter of intent outlines an offer to purchase a property for a specified sum. The purchase price will be paid in cash according to the outlined payment terms. Taxes and fees associated with the sale and transfer of ownership will be paid by either the seller or buyer according to the details provided. The seller agrees to provide clear title to the property and that the sale value will be based on the specified property value. Upon completion of the sale, the listed real estate brokers will be entitled to a commission based on the selling price. Acceptance of the offer is requested to be confirmed through the specified broker.

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Bea B. Panti Gonzales
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5K views1 page

Letter of Intent To Buy

This letter of intent outlines an offer to purchase a property for a specified sum. The purchase price will be paid in cash according to the outlined payment terms. Taxes and fees associated with the sale and transfer of ownership will be paid by either the seller or buyer according to the details provided. The seller agrees to provide clear title to the property and that the sale value will be based on the specified property value. Upon completion of the sale, the listed real estate brokers will be entitled to a commission based on the selling price. Acceptance of the offer is requested to be confirmed through the specified broker.

Uploaded by

Bea B. Panti Gonzales
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LETTER OF INTENT TO BUY

_____________________________________________
_____________________________________________
_____________________________________________
Date_________________________________________
THRU: _______________________________________
Subject:______________________________________

Gentlemen,

We hereby offer to purchase the above-mentioned property for the


sum______________________________________________________ (___________________) or
its value in Philippine Peso under the following terms and Conditions:

The purchase price shall be paid in cash in following terms of payment.


_________________________________________________________________________________
Capital Gains Tax, Real Estate Tax, Documentary Stamps and E-VAT (if implemented) shall be for the
account of the seller.

Registration Fees, Transfer Fees and other expenses necessary for the issuance of a new title shall be
for the account of the buyer.

Seller agrees that the sale shall be based on the ______________________________________ Value.
This offer to purchase is made on the representation and warranty of the Owner/Seller, that he/she holds
a good and register able title to the property, which shall be conveyed clear and free of all liens and
encumbrances.
Upon consummation of the sale of the subject property, the authorized Real Estate Brokers
________________________________________ are entitled to a ( ________%) percent commission
based on the agreed and consummated selling price.

If our offer merits your considerations, kindly give us confirmation through our broker
_______________________________________ with contact number _________________________

Company Name: _______________________________.

_____________________________________________
Signature over printed name
Position

CONFORME

______________________________________
SELLER

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