Authority To Sell Property

This is only a sample Authority to Sell format.  It could be subject to modifications to suit the purpose/s of its execution and requirements of the parties.  It is advisable that before an execution of any legal document, one must seek legal advice or assistance from a Lawyer.

An Authority to Sell  is executed when granting a right to a  person (an agent) to find a buyer for a property. The agent is not permitted to enter into an agreement for sale.  The agent is allowed to market the property for sale and is entitled to compensation for finding a buyer.  (http://www.investorwords.com/)

AUTHORITY TO SELL

         THIS IS TO AUTHORIZE _______________________, of legal age, single/married, a resident of _______________________________________________, to do and perform any and all of the following acts:

        

TO OFFER THE SALE of particular house and lot located at ___________________________________________, more particularly described in Original Certificate of Title/Transfer Certificate of Title No. ___________________, registered in the name of the undersigned under the following terms and conditions:

Terms	Particulars
Contract Price	____________
Total Area	____________
Capital Gains and Documentary Stamp Taxes and Registration of Sale	____________
Commission of 3% of the Brokers for Successful transaction	_____________
-      Clean Title (no encumbrance or lien) -      With Approved Building Permit, Occupancy Permit, Locational Clearance, Business Permit (if any and applicable) -      Updated Real Property Tax Payment	-      Due Diligence on the account of the Buyer

       

        This authority shall become effective only from ________until _____________________, subject for renewal in writing after the said date.

________________________

Owner/Seller/Attorney-In-Fact

Address

Contact Nos. ______________________

Conformity:

____________________

REB No. ____________

Witness:

__________________________                    __________________________

JURAT

SUBSCRIBED AND SWORN to before me, this _____ day of _____ 20___ in the Municipality/City of ______, affiant exhibiting before me her (Government-Issued Identification Card No. ________)  issued at ____________ on __________.

Doc. No. ___ ;

Page No. ___;

Book No. ____;

Series of _____.