Reservation & Documentary Requirements

• You may own a House and Lot Unit by paying the required reservation fee and submission of the required documents. Your preferred unit will be reserved for thirty days from date of payment of the reservation fee.

• Our reservation fee is P20,000 payable to the owner/developer.  To be deducted on the down-payment .

Required documents to be submitted simultaneously with the payment of the reservation fee:    

a. Reservation Application signed by the buyer    

b. Buyer’s Information Sheet    

c. If applicable, a Special Power of Attorney. If the buyer is out of the country, it has to be consularized. 

d. Valid ID of the Special Power of Attorney holder. 

e. Photocopy of two (2) valid IDs bearing a photo and the signature (e.g. passport, driver’s license, SSS, TIN or company ID)    

f. Tax Identification Number 

g. Community Tax Certificate Number (CTC) 

h. Proof of billing address such as billings from utility, phone or credit card companies.

i. Letter of Intent to Buy signed by the buyer

After submission of the required documents, you will be asked to sign a Contract to sell. To avoid the cancellation of your reservation, please make sure to submit all the above documents within 30 days from the reservation date.

• A Reservation Application is a document which formally expresses the interest of the buyer in purchasing a unit stating the project, unit, total amount, payment schedule and policy for forfeiture and cancellation among other provisions.   

• No, the reservation fee is non-refundable. This will be forfeited once there are no succeeding payments after the reservation fee as provided for in the Reservation Application.

• Yes. You will be required to sign the following documents:    

a. Contract to Sell (CTS) – this will be executed upon payment of the required full downpayment which is equivalent to payment of 20% to 30% of the total contract price. 

b. Deed of Absolute Sale (DOAS) – To be executed in favor of the unit owner once he has fully paid the unit. The issuance of a DOAS marks the start of the processing for the transfer of ownership of the unit from the developer to the buyer upon the payment of advance registration charges estimated at 5% of the total contract price (TCP).   

c. If above documents are signed outside of the Philippines, it must be authenticated at the Philippine Embassy of the country of your residence or stay.