My sister is selling her property in the Philippines. We want to get some answers to the following questions:
(1) Is Deed of Sale the proper document for this transaction?
(2) Do we need to have 2 witnesses, as well as have the document notarized; OR is it one or the other?
(3) Aside from the names of the buyers and sellers, the description of the property, the sale price, mode of payment, who will pay the fees/charges, what are other important terms should be in the contract?
We would appreciate your prompt response. Thank you
(1) Is Deed of Sale the proper document for this transaction?
(2) Do we need to have 2 witnesses, as well as have the document notarized; OR is it one or the other?
(3) Aside from the names of the buyers and sellers, the description of the property, the sale price, mode of payment, who will pay the fees/charges, what are other important terms should be in the contract?
We would appreciate your prompt response. Thank you