Friday, March 2, 2018

Authority to Sell


I, (NAME OF PROPERTY OWNER), Filipino,  of legal age, single/married, and  a resident of (Place of Residence), have hereby given  (NAME OF PERSON AUTHORIZED), Filipino, of legal age, single/married, and a resident of (Place of Residence), the AUTHORITY TO SELL my property situated at (Location of Property) and more particularly described and bounded as follows:

            “Xxx Technical Description of Property

subject to the following terms and conditions:

1)    That the selling price for the whole lot is  (AMOUNT IN WORDS) PESOS (Php Amount in Figures)  negotiable to (AMOUNT IN WORDS) PESOS (Php Amount in Figures) and that in no case shall the bottom price be less than (AMOUNT IN WORDS) PESOS (Php Amount in Figures);

2)    That if the authorized agent will be able to negotiate and close the deal with the price above (AMOUNT IN WORDS) PESOS (Php Amount in Figures), I will receive the (AMOUNT IN WORDS) PESOS (Php Amount in Figures) and he gets the whole  jacked-up price. But if the price is (AMOUNT IN WORDS) PESOS (Php Amount in Figures), I will only receive (AMOUNT IN WORDS) PESOS (Php Amount in Figures) and the agent gets the (AMOUNT IN WORDS) PESOS (Php Amount in Figures);

3)    That if the said agent sells the property at (AMOUNT IN WORDS) PESOS (Php Amount in Figures), he shall be entitled to a commission of five percent (5%) of the selling price ;

IN WITNESS WHEREOF, the parties above-mentioned hereby affixed their signature on this (Date) at (Place), Philippines.

                 Landowner                                                     Authorized Agent     

1)______________________________         2)______________________________
                        Witness                                                           Witness

SUBSCRIBED AND SWORN TO before me, this (Date), affiants exhibited their respective IDs _______________ & _____________ issued on _______________ & ______________ at _______________ & _______________,  Philippines.

Doc. No. _____;
Page No. _____;
Book No. _____;
Series of _____;


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