This document is a term sheet outlining the purchase of a residential property by Dennis L. Buagas and Clemen D. Buagas. The property is Unit 8C located on the 8th floor of the building, measuring 20 square meters, with a list price of 1,972,856.56 PHP. Additional transfer and registration charges amount to 118,371.39 PHP bringing the total contract price to 2,091,227.95 PHP. The payment terms include a 15,000 PHP reservation fee paid upfront, with the remaining balance to be paid either through monthly amortization over 1, 3, 5, 10, or 15 years or through cash/bank financing before move-in.
This document is a term sheet outlining the purchase of a residential property by Dennis L. Buagas and Clemen D. Buagas. The property is Unit 8C located on the 8th floor of the building, measuring 20 square meters, with a list price of 1,972,856.56 PHP. Additional transfer and registration charges amount to 118,371.39 PHP bringing the total contract price to 2,091,227.95 PHP. The payment terms include a 15,000 PHP reservation fee paid upfront, with the remaining balance to be paid either through monthly amortization over 1, 3, 5, 10, or 15 years or through cash/bank financing before move-in.
This document is a term sheet outlining the purchase of a residential property by Dennis L. Buagas and Clemen D. Buagas. The property is Unit 8C located on the 8th floor of the building, measuring 20 square meters, with a list price of 1,972,856.56 PHP. Additional transfer and registration charges amount to 118,371.39 PHP bringing the total contract price to 2,091,227.95 PHP. The payment terms include a 15,000 PHP reservation fee paid upfront, with the remaining balance to be paid either through monthly amortization over 1, 3, 5, 10, or 15 years or through cash/bank financing before move-in.
This document is a term sheet outlining the purchase of a residential property by Dennis L. Buagas and Clemen D. Buagas. The property is Unit 8C located on the 8th floor of the building, measuring 20 square meters, with a list price of 1,972,856.56 PHP. Additional transfer and registration charges amount to 118,371.39 PHP bringing the total contract price to 2,091,227.95 PHP. The payment terms include a 15,000 PHP reservation fee paid upfront, with the remaining balance to be paid either through monthly amortization over 1, 3, 5, 10, or 15 years or through cash/bank financing before move-in.
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TERM SHEET (Annex A)
Buyer's Name : DENNIS L. BUAGAS / CLEMEN D. BUAGAS
Buyer's TIN : Address : Mancao Apt., 296-B5 Ext., Brgy. San Antonio Cebu City Contact No. : 0936-445-0842 Date : June 19, 2020 Details Unit No Level Unit description List Price T2.8C 8th floor UNIT 8C | ST | 20 sqm. 1,972,856.56
1,972,856.56
Computations ( DP so 6 months @ 0% interest )
List Price: 1,972,856.56
1,972,856.56 1,972,856.56
Additional charges: Transfer & Registration charges 118,371.39 Total charges : 118,371.39
TOTAL CONTRACT PRICE : 2,091,227.95
Payment Terms 15,000.00 Reservation Fee
June 19, 2020 Reservation Date:
182,285.66 10% Downpayment spread over 6 months @ 30,380.94 per month
up to : December 19, 2020 starting from : July 19, 2020
1,775,570.90 90% Balance shall be paid in CASH / Bank financing before move-in or upon turnover of the unit whichever is earlier Monthly Amortization: * monthly amortization @ 5.25% fixed rate for 1 years. 152,205.65 * monthly amortization @ 6% fixed rate for 3 years. 54,016.31 * monthly amortization @ 6.5% fixed rate for 5 years. 34,741.08 * monthly amortization @ 7% fixed rate for 10 years. 20,615.88 * monthly amortization @ 9.5% fixed rate for 15 years. 18,540.95
118,371.39 Transfer & Registration charges before move-in or upon turnover of the unit whichever is earlier
TOTAL PAYMENTS : 2,091,227.95
Notes:
Reservation fee is NON-refundable and NON-transferable,
Pricelist is VAT-inclusive where applicable, Prices are SUBJECT to change without prior notice, Cebu Landmasters, Inc. reserves the right to correct accordingly any and all typographical errors in this pricelist, ALL checks should be made payable to Cebu Landmasters, Inc., Pricelist does NOT include move-in charges, applicable utility connections and other related charges including, but not limited to, electrical, water and telephone/internet connections, association dues, Price EXCLUDES any and all financial and incidental charges related to loan releases including, but not limited to, fire insurance, mortgage redemption in Failure to pay 1st equity within 30 days or as scheduled, after reservation shall automatically cancel this contract
Dennis L. Buagas / Clemen D. Mitzi O.Carpiz Adorah Y. Ouano Marie Rose C. Yulo Jose Franco B. Soberano Buagas Buyer Admin Staff Admin Supervisor VP - Sales COO
