Documents
What is a Reservation Agreement?
A Reservation Application / Agreement (RA) is a document executed by the buyer, declaring His intent to purchase a specific Unit / House and Lot, together with His payment of the Reservation Fee, and subject to the approval by RLC.
What is a Contract to Sell?
A Contract to Sell (CTS) is a contract governing a purchase of a specific Unit / House and lot whereby the terms and conditions of the sale, Such as but not limited to the payment terms and the transfer of ownership, are Stated.
Why do I have to sign the original Contract to Sell (CTS) issued to me even if I want changes from my original purchase?
For proper documentation, the initial document Should be processed and completed prior to processing of any amendment.
Can I authorize a representative to sign the Contract to Sell (CTS) on my behalf? What are the requirements?
Yes. Should the buyer wish to authorize a representative to sign the Contract to Sell on His / her behalf, the authorized representative Should present and submit an original copy of a duly notarized (or consularized, if executed outside the Philippines) Special Power of Attorney (SPA ), together with the buyer / s' valid government-issued ID as well as His / her own for validation.
When can I get a copy of the notarized CTS? Addendum for the purchase of Parking Slot?
The CTS and / or Addendum (for the purchase of Parking Slot) for the buyer's signature shall be available five (5) working days from the date the sale was accepted by RLC while the notarized CTS and / or Addendum shall be available * forty- five (45) working days from receipt of the signed CTS by RLC office.
The notarized CTS and / or Addendum shall be given to your Account Manager for subsequent transmittal to you.
* Note: Turn-around time with vary depending on the circumstance that arise there.
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