Authority to Sell

AUTHORITY TO SELL

July 30, 2010

ENGR. MANUEL Jr. ARENGO 

Licensed Real Estate Broker

Real Estate License No.007808

Dear Mr. Arengo

By virtue of my fiduciary trust, and in consideration of your acceptance of my offer, I hereby give you the authority to negotiate the sale of my property with a commission of 5% of the selling price with the following price, terms and conditions:

TITLE NUMBER: ___________________________________________________________
LOT AND/OR FLOOR AREA: ___________Square Meters   _____________Square Meters
LOCATION: _______________________________________________________________
OTHER PERTINENT DESCRIPTION: ________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

OFFER  PRICE: Php15,000,000.00 (Fifteen Million Only Philippine Currency)
TERMS OF PAYMENT: _______________________________________________________

REMARKS: _________________________________________________________________

____________________________________________________________________________

Should the sale be made or effected on modified terms or such other terms as may be accepted by me, you are likewise credited for the said sale and shall be given the above mentioned commission based on the revised/agreed price immediately upon full payment of the buyer or paid up down payment in case of bank financing.

Notwithstanding the expiration of this authority to sell, you shall still be entitled to your full commission provided that the name of the prospective buyer has been registered with me in writing during the period of your authority.

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                                            SELLER 

TAXPAYER IDENTIFICATION NUMBER: _____________________________
RESIDENCE CERTIFICATE NO. ____________________

ISSUED AT: ______________________________________

DATE OF ISSUE: __________________________________

Drafted by: Engr. & Broker Manuel jr. Arengo

Real Estate Broker 007808

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