Authority to Negotiate for a Sale
An Authority to Negotiate for a Sale is a legal document used in real estate transactions to formally authorize a person or entity to negotiate the sale of a property on behalf of the owner, subject to specific terms and conditions.
This document is commonly required by real estate brokers, buyers, developers, and property owners to ensure that negotiations are valid, authorized, and legally recognized.
Where Is This Document Commonly Used?
- Negotiating the sale of land, residential, or commercial property
- Authorizing a real estate broker or agent to discuss pricing and terms
- Preventing unauthorized or fraudulent property negotiations
- Supporting documentation for buyers and developers
Sample / Template Authority to Negotiate for a Sale
AUTHORITY TO NEGOTIATE FOR A SALE
TO: _______________________________
(Name of the real estate company, buyer, or authorized party)
ATTN: _______________________________
(Name of the broker, agent, or contact person)
THRU: _______________________________
(Name of intermediary or coordinator, if applicable)
Madam / Gentlemen:
This is to formally authorize the undersigned representative to negotiate the sale of the real estate property described below, subject to the following terms and conditions:
Property Location:
_______________________________
(Complete address of the property)
Land Area:
_______________________________
(Total land area in square meters)
Transfer Certificate of Title (TCT) No.:
_______________________________
(Property title number)
Tax Declaration No.:
_______________________________
(Tax declaration number)
Selling Price:
_______________________________
(Minimum or agreed selling price)
Commission:
_______________________________
(Broker’s or agent’s commission, if applicable)
Expenses:
_______________________________
(Indicate which party shoulders expenses)
Property Owner / Seller:
_______________________________
(Name of the property owner)
Authorized Negotiator / Broker:
_______________________________
(Name of the authorized negotiator or broker)
This authority shall remain valid until revoked in writing by the property owner or upon completion of the sale, whichever comes first.
IN WITNESS WHEREOF, the property owner has hereunto set his/her hand this _____ day of ______________________, ______ at _______________________________.
_______________________________
Signature of Property Owner
_______________________________
Printed Name of Property Owner
Signed in the Presence of:
_______________________________
_______________________________
Witnesses
ACKNOWLEDGMENT
Republic of the Philippines )
__________________________ ) S.S.
BEFORE ME, a Notary Public for and in the jurisdiction stated above, personally appeared _______________________________, with competent proof of identity, known to me and to me known to be the same person who executed the foregoing instrument and acknowledged that the same is his/her free and voluntary act and deed.
SUBSCRIBED AND SWORN to before me this _____ day of ______________________, ______ at _______________________________.
Doc. No. _______
Page No. _______
Book No. _______
Series of _______
Note: This sample template is for reference and educational purposes only. All blanks must be filled in with accurate information. This document must be notarized to be legally valid.
Tags: Authority to Sell, Authority to Negotiate, Real Estate Documents, Legal Forms Philippines, Property Sale Templates