Update: This list already contains 20 contracts. The latest to be added is a rent-to-own contract
I just want to share this link to a very cool site which offers free legal forms & contracts which are mostly real estate related. Credit goes to Jomar Hilario who discovered the site and shared it through the Think Rich Pinoy! Google Group last October 2008, just before I created this blog. I just remembered about it which is why I am sharing this to all of you only now.
I would like to believe that most of you out there are future real estate investors that are about to venture into real estate investing very soon, so most of you will eventually need these forms & contracts. The available free samples of legal forms & contracts are listed below:
- Deed of Absolute Sale
Image by thinkpanama via Flickr - Contract to Sell
- Chattel Mortgage
- Contract of Lease / Rent
- Rent-to-own contract
- Deed of Sale
- General Form of Affidavit
- Affidavit of Loss
- Earnest Money Receipt Agreement
- Affidavit of Desistance
- Acknowledgement Receipt for Payments
- Acknowledgement of Debt
- General Power of Attorney
- Special Power of Attorney
- Deed of Assignment & Transfer of Rights
- Deed of Donation
- Contract of Renovation/Construction of a House or Building
- Authority to Sell / Lease
- Offer to Purchase
- Last Will and Testament
Since the Philippine Legal Forms website states that all the Philippine legal forms and contracts they have are free to copy and revise for single use but not for re-publication in print or reproduction on other websites, I cannot reprint them here. You will have to get them yourselves at http://legal-forms.philsite.net
I would also like to reiterate what was stated on the website which says “It is strongly recommended that you consult a lawyer and have a customized document drawn to suit your requirements. All legal forms in this site are meant for reference only. Always seek legal advice before entering into any contract, agreement or executing any legal document”. Very sound advice if you ask me.
By the way, you will notice that there wasn’t any sample rent-to-own contract on the list. Don’t worry, I shall be sharing a sample in one of my next posts and I may also incorporate the suggestions I made on my recent post on Rent-To-Own Contract Tips: For The Protection Of The Buyer.
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hi. i have a property that i am not in a rush to sell. i am considering rent-to-own. i would like help on how i should structure the pricing. let us assume the following:
selling price: P5M (if a buyer were to pay me to buy the house now, the acceptable price is P5M)
length of payment: 15 years
how much should the monthly installment be? the only upfront payment that i might require is 2 months deposit.
to whom it may concern:
Good day! help me list down all of the legal document for housing loan, i have no idea what is the other legal document should i keep. last year we started to pay at lease 20%
hopefully i will get an answer very soon… thanks!
This post is very helpful. I’m planning on getting my very own office soon and this list can get the problem of paper work out of the way. Thanks!
I was contracted to do a construction on an extension of a 2 story wharehouse. I wasn’t able to notarized the contract that we signed. I finish the contract in time. Now I am having a hard time to contact the owner. She is not answering my call, her people in the office says she seldom pass by the office, its been 3 months now and I’m still not being paid by the owner. My question is can I use in court the contract which we signed even if its not notarized?
TO WHOM THIS MAY CONCERN,
SINCE I WAS A CHILD ANG ALAM KO PONG SPELLING NANG PANGALAN KO EH SHIRLEY PO DAHIL HINANGO PO ITO SA SINGER NA SI SHIRLEY BASSEY AND NATUKLASAN KO PO LATELY LANG PO NA IBA ANG SPELLING NANG BIRTH CERTIFICATE KO AT ALAM KO PONG NAGKAMALI PO ANG FATHER KO WHOM DECEASED NA PO. NAKAPAG ABROAD PO AKO SA JAPAN NOONG ARAW PERO SHIRLEY DIN PO GAMIT KO AT YON NAMAN PO ANG TAMANG SPELLING AT ALAM NAMAN NYO NA MADALI NON NA KUMUHA NANG PASSPORT AT YON NA PO ANG GINAMIT KO HANGGANG SA MAG KAASAWA KO HANGGANG SA MANGANAK AKO SA DRIVERS LICENCE ETC… PERO PO GUSTO KO PO SANANG MABAGO YON PARA SOMEDAY EH PAG NAPETITION AKO NANG ANAK KO EH DI SUMABLAY KASE ANG BIRTHCERTIFICATE NYA EH SHIRLEY ANG NAKALAGAY DON AT DI SHIRELY AT ANG LABO PA AT SAKA PO YUNG BAPTISMAL KO EH ANG NAKALAGAY PO EH MARIA SHERLY NAMAN KATUNAYAN PO ITO NA NAGKAMALI ANG NAGLAGAY
ANO PO KAYA ANG DAPAT KONG GAWIN
LITONG LITO NA PO AKO KASE PO EH ANG NAKALAGAY SA MGA ANAK KO EH SHIRLEY BAKA PO SUMABIT PO AKO SA PETITION
TULUNGAN NYO PO AKO
This is really good information on legal forms. There is a lot of really good international legal information. I may be purchasing property in another country this year. I am going to be reading more of what you have to offer.
Hi Jay,
I tried to ask this question but got no satisfactory answer from PAG-IBIG. So I would like to request for your advice:
My son who is working in Dubai wanted to buy a condo unit owned by a private person. The owner wanted cash payment for the condo unit. I am trying to negotiate with the owner if my son can pay 20% of the contract price and 80% to be financed thru PAG-IBIG housing loan.
The owner is willing to sign a contract to sell but insisted that the 80% balance shall be paid in cash within six (6) months. If my son will apply for a PAG-IBIG housing loan, how long is the processing approval of the loan? Moreover, one of the documents required for the release of the loan is “TCT/CCT in the name of the borrower with proper mortgage annotation in favor of Pag-IBIG Fund” which means that the title has to be transferred to my son. But the owner is hesitant and asked what is the assurance that the 80% will be paid once the title has already been transferred? Is there any legal document for this? Or will the PAG-IBIG issue a guarantee that payment will be made to ownder as soon as all the requirements have been submitted?
I would really appreciate your opinion on this? Thanks a lot and more power!!!
Tony Avila Jr.
Thanks for the link that you shared
Pingback: lease to own contract sample
@rcmina, welcome to my blog, It’s great to see fellow investors here. I really hope to see you and your sister more and maybe you can also share your investing experiences. I’m sure other investors would appreciate it very much!
jay, nice to see this website .I’ve beeen looking for r.e. investor like you.. I’ve joined forclosure auction and won a few. My sister as well is an investor. rcmina
@Paul, thanks for visiting! I see we share the same passion. Keep it up! I also visited your blogs, great information as well!
@Anonymous, having a lease contract notarized would usually cost anywhere from Php100 to php300 pesos, depending on where or with whom you will have it notarized. Thanks for visiting.
Jhay, for the lease contract, magkano ang pa-notarize nun? Duration of the lease is one year.
Jay, thank you for sharing what you know through this blog. The information is priceless! I am a student of real estate investing and since I am based in the province (Zamboanga City), this site helps me be abreast in the current real estate offerings that you publish.
Paul Gusay
PINOY BUSINESS COACH
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