Sample Format of Authority To Sell (You may send this as PDF attachment, together with T.C.T., Tax Declaration, Vicinity Map, and pictures. Please don't forget to sign.)
AUTHORITY TO SELL
To: Mr. Francis I M. Monsanto #50 Lakandula Street., Pilar Village City of San Fernando, Pampanga Philippines
Realtor Francis:
By virtue of my fiduciary trust, and in consideration of your acceptance of my offer, I hereby give the above Broker the Authority to Offer my Property for Sale for the property described below at the price and under the following conditions:
T.C.T NUMBER : PROPERTY DESCRIPTION : LOCATION : LOT AREA (SQM) : SELLING PRICE (Php) : TERMS OF PAYMENT : Cash Payment or Bank Financing PROFESSIONAL FEE : 5 % of the selling price of my property payable upon receipt of the payment from the buyer. VALIDITY : EXPENSES : Seller's Account : Capital gains tax and professional fee Buyer's Account : Transfer tax, documentary stamp, notarial fees and registration fees
You are not authorized to receive payment on my behalf from your buyers, nor bind the undersigned by any contract without subsequent specific authority. You shall register with me your buyer in writing, through email or text messages. This authority will expire with the termination of the period stated, unless extended by the undersigned in writing.
Should the sale be made or affected on modified terms or such other terms as may be accepted by me, you are likewise credited for the said sale and shall be given the above mentioned professional fee based on the revised/agreed price.
Notwithstanding the expiration of this authority to sell, you shall still be entitled to your full professional fee provided that the name of the prospective buyer has been registered with me in writing during the period of your authority.
The broker shall protect & hold the undersigned free from any claims, obligations from any brokers and agents registered under his network.
_____________________ _____________ Owner Date Signed
Conforme:
Francis I M. Monsanto ______________ PRC Real Estate Licensed # 9690 Date Signed Member: PAREB-Manila Board of Realtors, Inc. Mobile No. +639088778655 / +639062741483 Landline: (045)4551485 +63454363251 Email: [email protected]