FIL-ESTATE REALTY SALES ASSOCIATES INC. FERSA

Document Requirements for the Purchase of Real Estate in the Philippines

For Individuals

• Photocopy of residence certificate or passport
• Taxpayer’s Identification Number (TIN).
• Photocopy of valid ID with picture & signature of buyer(s).
• 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Application.)
• For married individuals, photocopy of marriage certificate.

Note: For married individuals, both spouses need to submit requirements 1, 2, & 3.

For Corporate Accounts

• Photocopy of By-Laws of the Company.
• Photocopy of Articles of Incorporation.
• Notarized Board Resolution of the Company or Secretary’s Certificate stating the ff
  • The date and place of the board meeting
  • That a quorum was present in approving the board resolution
  • That the board authorized the purchase of the property
  • The designated signatory for the sale documents
  • The designated playing representatives for corporate golf shares
• Residence Certificate of the Company and appointed representative(s).
• TIN of the Company and appointed representative(s).
• 2 Original kind of proofs of billing of the corporation (not the representative).

For Balikbayans (Returnees)

• Photocopy of passport.
• Photocopy of valid ID with picture & signature of buyer(s).
• 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Application.)
• For married individuals, photocopy of marriage certificate.
  • Note: For married individuals, both spouses need to submit requirements 1 & 2.
• Affidavit as required by law and is necessary for registration of the lot in his/her name. Affidavit should indicate that buyer was a natural-born Filipino who has lost said citizenship or otherwise has reacquired the same.

Download the Affidavit of Citizenship (MS Word file, 21kb)
For more information, see The Balikbayan Act.

For Capital or Paraphernal Properties

• Same requirements as that of INDIVIDUAL buyers.
• Affidavit from non-buying spouse confirming that the fund used by the buying spouse are indeed exclusive funds.

  Note: The non-buying spouse is still required to sign the sale documents.

Tags: Document Requirements

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