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Authority To Sell (ATS)

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AUTHORITY TO SELL

This serves as an authority in favor of JUANA DELA CRUZ SANTOS, a licensed


broker (hereinafter referred to as “Broker”), to sell, offer for sale and negotiate the
sale of a _________ ____ - square meter parcel of land located in ______________
_____________________________ , Philippines, of which property I am the registered
owner/co-owner/representative of the owner, more particularly described as
follows:

Transfer Certificate of Title No. __________________________________


Area in Square Meters __________________________________
Tax Declaration No. __________________________________
Selling Price per Square Meter _____ _____________________________
OP amount (if applicable) __________________________________

The terms and conditions of this Authority to Sell (ATS) are as follows:

1. The Broker and/or her authorized agents shall offer the subject
property/ies to any potential buyer at the above-stated price.

2. This authority is effective, valid and binding from __________________


until such time the landowner/seller notifies in writing the Broker of the
revocation of her authority. Such written notice must be notarized.

3. The Broker shall register their potential buyers of subject property/ies


with the owner or his/her representative through written notice which
will effectively make these potential buyers exclusive to the Broker.

4. If the property/ies is/are sold to the registered buyer/s of the Broker,


the above-named Broker shall be entitled to a commission of (a) five
percent (5%) which shall be added onto the gross selling price – OR
– (b) the overprice amount as stated in this ATS.

5. The commission applies whether the purchase is in cash or in


installments.

6. If and should this Authority lapse but the lot is sold to the same buyer
whom the Broker had initially registered, the Broker shall still be
entitled to the full aforementioned commission.

7. In case earnest money shall be forfeited through the fault of the


buyer, 5% of the total forfeited amount will be given to the agents, if
any, of the registered buyer.

8. Any amount paid by the buyer over and above the agreed price as
stated in this ATS shall be given to the agents of the registered buyer.

Granted this on the ____ day of __________________________ at


_______________________________, Philippines.

(SIGNATURE OVER PRINTED NAME)

Owner/Seller/Principal
With my acceptance & conformity: Contact No.___________________

JUANA DELA CRUZ SANTOS


Licensed Broker
PRC License No. 0012345
Contact Nos. 0917-000-8888

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