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Standard Practice in Sharing of Closing Costs

Standard Practice in Sharing of Closing Costs

In real estate closing costs, what is the standard practice in the sharing of expenses for the transfer of title? The following is the standard practice in the sharing of expenses between the buyer and seller when transferring the real estate property title to a new owner: ON THE ACCOUNT OF THE SELLER: Capital Gains […]

Reservation Agreement, Contract to Sell, Deed of Sale, Why?

Reservation Agreement, Contract to Sell, Deed of Sale, Why?

RESERVATION AGREEMENT, CONTRACT TO SELL , DEED OF SALE & WHY THEY ARE NEEDED IN PHILIPPINE REAL ESTATE DOCUMENTS The Reservation Agreement pertains to the agreement that focuses on the terms and conditions on the payment of reservation fee. This is actually the first step that is necessary because it stipulates that when the buyer does not […]


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