Uploaded by Caesar Distrito

MEMORANDUM OF AGREEMENT Template

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MEMORANDUM OF AGREEMENT
This is to summarize the agreement of the TENANT’s share on the sale of our estate
property/ies under the following terms and conditions.
LOCATION
:
_________________________________
OCT/TCT NOS.
:
_________________________________
LOT AREA
:
_________________________________
PRICE PER SQM
:
_________________________________
TENANT’S SHARE
:
_________________________________
EXPENSES:
SELLER’S ACCOUNT: TENANT’S SHARE
BUYER’S CCOUNT: CAPITAL GAINS TAX, REALTY TAXES AND NOTARIAL FEES,
DOCUMENTARY STAMPS / REGISTRATION FEE, TRANSFER TAX AND OTHER RELATED
EXPENSES ON TRANSFER OF TITLES.
RELEASE OF TENANT’S SHARE SHALL BE MADE AFTER THE CHECK PAYMENT HAS BEEN
CLEARED BY THE BANK.
______________________________
TENANT
_______________________________
PROPERTY OWNER/ATTORNEY-IN-
FACT
________________________________
PROPERTY OWNER/ATTORNEY-IN-FACT
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