Deed Of Absolute Sale Explained QUESTION ON LAWS IN THE PHILIPPINES PERTAINING TO DEED OF ABSOLUTE SALE?
QUESTION ON LAWS IN THE PHILIPPINES PERTAINING TO DEED OF ABSOLUTE SALE? - deed of absolute sale explained
1.What does it mean in simple words? Especially the 2nd Paragraph on the seller has the right to lease the land, even if the buyer of usufruct and possession of the property have?
2. Is it not enough that a guardian) (parents, on behalf of two minors, especially since it is the buyer of the property on behalf of their children?
3.WHY the seller of any tenancy, even if the premises were sold to buyers? Is it possible?
"For and in consideration of the premises and the amount of U.S. dollars, two million euros (P2, 000,000.00) by Juan DELA CRUZ on his deposited funds solely for the benefit of buyers of their children here, the seller is selling, sell and convey the properties, the buyers, is a sales system that follows is absolutely and completely and irrevocably, subject to the conditions as:
1. The exclusive right to possession, use and enjoyment of property, including the right to transfer and / or dispose of such rights, but only for the duration of his lifeThe time is transmitted and sent to Juan dela Cruz for a period of his life. At his death, however, these rights apply to the benefit of, and consolidated by the buyer, except to the correct location of the seller, as listed in the following paragraph.
2. Seller reserves the right to lease the properties and the obligations of the parties is set out in the lease to run from them.
(This paragraph is too vague to me)
Yours sincerely want to get real answers. Thank you very much.
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4 comments:
What this means in simple terms is that you have owned and purchached EI (irrevokable the final sale).
If the second paragraph came from, I do not know, and certainly not an agreement "model". You buy the land, but also the right to lease or use in any manner it sees fit? What kind of nonsence is that?
There is no way I agree!
Tell him to leave, crook, second paragraph, not if he wants to sell. This is not the norm or rule. It is fraud, period!
Listen oneiloilokano. Land fraud is the national pastime in the Philippines. No title insurance. A fact not worth the paper it is printed.
Can you spell SCAM? Do not waste your money! Run away from this agreement.
Are you the Juan Dela Cruz and buy the property for use after the death of their children?
When you buy this property to a lawyer of at least 300 miles away who do not know what someone rewrite the entire contract period beyond the above conditions.
But I still say, under this Agreement.
If I were you, I would leave the agreement concerning the purchase contract between buyer and seller.
There is no way to know whether the title is actually an authentic reproduction or otherwise. However, you can tell the seller that there are some statements in the sections that do not agree, and I want to delete them. If a seller suggests using your own lawyer, very, very skeptical at first, because only two could be in this fraud.
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