Saturday, December 8, 2012

LEGAL FORMS: Authority To Sell

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EXCLUSIVE (NON-EXCLUSIVE) AUTHORITY TO SELL (LEASE)



         THIS IS TO AUTHORIZE (Name), of legal age, a resident of (Address) , to do and perform any and all of the following acts:
        
(In case of a corporation, replace above with: THIS IS TO AUTHORIZE [Name of Corporation], a domestic corporation  existing under and by virtue of the laws of the Philippines, with principal office located at [Address], to do and perform the following acts:) 

TO SELL (or TO RENT OUT) my house and lot located at (Address), more particularly described as follows:

Block No. _________ Lot No. __________ Lot Area: __________ square meters
Transfer Certificate of Title No. __________

        That (Name /Corporation) shall receive a commission fee equivalent to FIVE (5%) PERCENT of the total selling price as stipulated in the Deed of Sale or Contract to Sell, payable upon the execution of the instrument.

        (In case of rent, replace above with: That (Name /Corporation) shall receive a commission fee equivalent to ONE MONTH RENT as stipulated in the Rental /Lease Contract, payable upon the execution of the instrument.
       
        In case of renewal of lease, (Name /Corporation) shall receive an equivalent of  ONE MONTH RENT for every year of lease as stipulated in the Rental /Lease Contract, payable upon the execution of the instrument.)
(Add terms as required)

        This exclusive (or Non-Exclusive) authority shall become ineffective only after 30 (60 or 90) days from receipt of either party of a written notice terminating such authority.

__________________________________            
                                                                                    OWNER                                  
                                                                             Signature Over Printed Name                


Name of Owner: _________________________________________
Spouse: _________________________________________________
Home Address: __________________________________________
Telephone Nos. __________________________________________
Office Address: __________________________________________
Telephone Nos. __________________________________________
Date: _______________________

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