8/18/2019 AUTHORITY TO SELL_DRAFT.docx
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AUTHORITY TO SELL
This non-exclusive AUTHORITY is hereby given to AURELIO M.
MENDOZA of Barangay Trapiche, Tanauan ity, Batangas, MA.
THERESA D. NIETO (PRC RealEstate ID #00118654) !ith o"ce
a##ress at $evel %&-% One 'lobal (lace, ) th Avenue
corner *)th +treet, Bonifacio 'lobal ity, Taguig an#
GEORGE T. SIY !ith o"cea##ress at th loor, 'lobal .nterprise
Buil#ing, %/0 H121 3ela osta +treet, +alce#o2illage, 4a5ati ity,
hereinafter referre# to as the “BROKERS,” un#er the
follo!ingter6s an# con#itions7
%1 The parcel of lan# situate# in Barangay Trapiche, Tanauan
ity, Batangas, to beo8ere# for sale shall be the sub9ect of this
Authority an# is hereby #escribe# asfollo!s, :hereinafter referre#
the “PROPERTY”);
LOT NO. REGISTERED OWNERS AREA
(SQ.M.)
TCT NO. TAX DECL.
NO.
%1< $ot =o1 * :$R< (+ >??@ %?,&* %?,&*
T-%@&&&@
*1< $ot =o1 @ :$R< (+ >??@ @?%,?/0 @?%,?/0
T-%/??&?
/1< $ot =o1 ) :$R< (+ >??@ @?%,?/0 @?%,?/0
T-*?/*>
*1 That the afore6entione# (roperty shall be o8ere# either
on a straight sale orstaggere# basis at the gross price of .I'HT
HU=3R.3 (.+O+, sub9ect to furtherup!ar# or #o!n!ar# a#9ust6ent in
the future by the un#ersigne#, payable incash or !hatever pay6ent
6o#e or sche6e that !e 6ay agree on !ith aprospective buyer1
/1 That in consi#eration for their professional bro5erage
services in the event of sale,
the Bro5ers shall be entitle# to receive a bro5ers co66ission
euivalent to ive(ercent :)C< of the net selling price, !hether
#ocu6ente# or not, an# shall bepai#, in full, i66e#iately at
closing #ate in cash free an# clear of any charges,!ithhol#ings,
o8-settings an# #e#uctions of !hatever nature except for the
BIR-prescribe# !ithhol#ing tax at source applicable to real estate
bro5ers, if necessary1 If pay6ent of the consi#eration for the
sale is 6a#e in install6ents,the bro5ers co66ission shall also be
pai# on a pro-rata basis1
@1 That this AUTHORITY shall ta5e e8ect fro6 the #ate of
acceptance herein by theBro5er an# shall continue to be vali# an#
e8ective for a perio# of 1 !"# fro6 the#ate hereof1 This
Authority 6ay be exten#e# or rene!e# upon 6utual agree6ent!ith the
Bro5er;
)1 In the event the (roperty is sol# to a buyer !ith !ho6 the
Bro5er has o8ere# toan#Dor negotiate# !ith an# accor#ingly
registere# the na6e an# i#entity to 6eDusin !riting #uring the
e8ectivity of this AUTHORITY, heDshe shall be entitle# toreceive
the sa6e co66ission #ue hi6Dher even if the sale is consu66ate#
orexecute# after the expiry hereof but !ithin $%& '*+$
fro6 the #ate of theexpiry of this AUTHORITY or any extensionDs
thereof;
>1 That IDEe a6 !illing to provi#e the Bro5er or any of his
prospective buyers anyan# all property infor6ation, #ata an#
#ocu6ents, if reuire#1
1 That IDEe are the registere# o!ner in fee si6ple of the
(roperty; IDEe have thelegal authority to #ispose of the sa6e an# I
as the representative of the o!ners of
