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Authority To Sell Real Estate Property

Cesar Noriega, co-owner of a 12,000 square meter property in Pangasinan, authorized Armando Cruz to sell the property. Cruz is given authority for 6 months to negotiate the sale at PHP2,000 per square meter, with the seller paying capital gains and property taxes and the buyer paying transfer and documentary stamp taxes. Cruz offers to sell the property to Waltermart's Mark Vincent for their mall expansion, offering a higher price of PHP2,500 per square meter. Pertinent documents are submitted for Waltermart's evaluation and due diligence.

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63 views2 pages

Authority To Sell Real Estate Property

Cesar Noriega, co-owner of a 12,000 square meter property in Pangasinan, authorized Armando Cruz to sell the property. Cruz is given authority for 6 months to negotiate the sale at PHP2,000 per square meter, with the seller paying capital gains and property taxes and the buyer paying transfer and documentary stamp taxes. Cruz offers to sell the property to Waltermart's Mark Vincent for their mall expansion, offering a higher price of PHP2,500 per square meter. Pertinent documents are submitted for Waltermart's evaluation and due diligence.

Uploaded by

Ablaza Design and Print
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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AUTHORITY TO SELL REAL ESTATE PROPERTY

TO: ARMANDO O. CRUZ


(REAL ESTATE SALES AGENT)
# 686 Melencio Street, BRGY.SANBERMICRISTI
CABANATUAN City ZIP3100

I, CESAR A. NORIEGA, of legal age, Filipino, married, a resident of Pasig City,


Metro Manila, designated as Land Administrator and one of the co-owners of
his three siblings of a parcel of titled property situated along provincial road of
Barangay Rizal, Rosales, Pangasinan. Where some government offices are
presently located like LTO, PRC, on this location.

By authority granted to me as Administrator/with S.P.A. do hereby authorized


Mr. Armando O. Cruz a Real Estate Sales Agent to transact and negotiate with
his Buyer the sale of our said real property.

Known as Lot no. 1719-TT-2 and Approved Plan no. (LRC) {Psd-279750 portion of
Lot 1719-TT-2 (LRC) Psd-234546 with Title No. 028-2015000639 having an area
of ONE HUNDRED TWENTY THOUSAND FIVE HUNDRED FOUR square meters
(12.0504 has.) more or less, under the following terms and conditions;

Selling price TWO THOUSAND PESOS per square


meter (PHP2,000.00/sq.m.)
Expenses Capital Gains Tax (BIR) and updated real property tax
on the account of Seller/Owner Documentary
Stamp Tax, Transfer Fee Transfer of Title in the
name of the new owner , and other incidental
fees on the account of Buyer.
Agent commission 5% of GROSS SALE
Duration of this Authority is for a period of SIX MONTHS or 180 days
starting October _, 2019 Renewable if still necessary.

In witness whereof we have set our signature on this day ___, of October 2019
here at Pasig City, Metro Manila.

CESAR A. NORIEGA
OWNER/ADMINISTRATOR
I.D. No. ___________________
Issued on _________________
Issued at __________________

Received and accepted by:


__________________________
ARMANDO O. CRUZ
Real Estate Sales Agent
CABANATUAN CITY
I.D. NO._______________
OFFER TO SELL REAL ESTATE PROPERTY

____ day of October, 2019

ATTENTION: MR. MARK VINCENT R. MALONG


BUSINESS DEVELOPMENT MANAGER
8/FLOOR WALTERMART HEAD OFFICE
NORTH-EDSA, QUEZON CITY
PHILIPPINES

Dear SIR MARK,

Special greetings and a pleasant GOOD Day!

Another PRIME LOT, confirmed and verified is hereby OFFERED TO SELL REAL
ESTATE PROPERTIES for Sale to WALTERMART for your mall expansion program
in the Province of Pangasinan, of REGION -1 which is in Barangay RIZAL,
ROSALES, PANGASINAN, upcoming the center of all businesses in this region. By
virtue of an Authority to sell, to make an offer, transact and negotiate the sale,
given to me by one of the registered land co-OWNER/SELLER – Mr. Cesar A.
Noriega, Administrator, their prime real estate property situated along the
Provincial Hi-way known as Lot no. 1719-TT-2 and Approved Plan no. (LRC)
{Psd-279750 portion of Lot 1719-TT-2 (LRC) Psd-234546 with Title No. 028-
2015000639 having an area of ONE HUNDRED TWENTY THOUSAND FIVE
HUNDRED FOUR square meters (12.0504 has.) more or less, in which the sale
could be by portion or in whole defending upon the Buyer/Company’s land area
requirement.

Selling price TWO THOUSAND FIVE HUNDRED PESOS per square meter
(PHP2,500.00/sq.m.)

Submitted herewith are all pertinent document you may need for proper
evaluation and due diligence. Hoping for your kind and immediate positive
action.
THANK YOU and more success.

Respectfully yours,

MR. ARMANDO O. CRUZ


Real Estate Sales Agent
#685 Melencio Street
Brgy. Sanbermicristi, Cabanatuan City zip 3199
Mobile no. 0915-055-0167
Email: armandocruz2251@yahoo.com

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