header-banner2.jpg

Buyer's Guide

Our Reservation Process

Step 1

  • Buyers informs Seller of his intent to purchase a preferred unit.

  • Seller requests for inventory holding of preferred unit for buyer

  • Federal Land holds the unit on request for twenty four (24) hours.

Step 2

Buyer gets customer number from Federal Land and pays the reservation fee through Metrobank bills payment facility within the 24 hour deadline*.

*If payment is not received within the twenty four (24) hour deadline, Federal Land releases the unit on request

 

Step 3

Buyer submits the following Day1 Docs documents within seven (7) days* from payment of reservation fee:

  • Copy of the validated bills payment to Federal Land

  • Signed Reservation Agreement (RA)

  • Buyer’s Information Sheet (BIS)

  • BIR Form 1903/1904

  • Copy of valid government-issued identification cards (ID)

*If Day 1 Docs are not submitted within the given time period, Federal Land lifts the holding of the unit.

 

Step 4

Federal Land verifies the completeness* and accuracy of Day 1 Docs

*If documents are incomplete, Federal Land returns documents to Buyer for completion.

 

Step 5

Federal Land books the reservation as an official sale, prints Contract to Sell (CTS) and sends copy of the signed RA with the CTS to Seller for Buyer to sign. Buyer returns signed CTS.

Individual

Initial Requirements:

 

  • Reservation Fee/Fully accomplished Reservation Application Form

  • Principal Valid ID (Gov’t issued)

  • Spouse ID (if applicable)

  • Fully accomplished Buyer’s Information Sheet (name of buyer, complete address, contact no., email address, TIN no. of buyer)

  • Duly filled-up BIR Form 1904/1903
     

Other Requirements:

  • Photocopy of current Community Tax Certificate and Valid Passport

  • Photocopy of Valid ID bearing the client’s picture and signature

  • Latest Proof of Billing

  • Latest Income Tax Return

  • Withholding Tax Remittance

  • Certificate of Employment with Compensation

  • Two Years Bank and/or Financial Statements

  • Business Income (if any)

  • Complete postdated checks for monthly amortization / downpayment

  • Signed contract to sell

  • For individual buyer with appointed representatives, please submit a Special Power of Attorney

Corporate

Initial Requirements:

 

  • Reservation Fee/Fully accomplished Reservation Application Form

  • Principal Valid ID (Gov’t issued)

  • Spouse ID (if applicable)

  • Fully accomplished Buyer’s Information Sheet (name of buyer, complete address, contact no., email address, TIN no. of buyer)

  • Duly filled-up BIR Form 1904/1903

Other Requirements:

  • Photocopy of Valid ID bearing the signatory’s picture and signature

  • Photocopy of current Community Tax Certificate (for the Authorized Signatory/ies and the Company)

  • Notarized Secretary’s Certificate/Board Resolution (original)

  • Latest Proof of Billing

  • Photocopy of the Articles of Incorporation and By-Laws

  • Photocopy of SEC Registration (for Corporation/Partnership)

  • Photocopy of DTI Registration (for Sole Proprietorship)

  • Notarized General Information Sheet (filed at SEC)

  • Latest Audited Income Tax Return

  • Two Years Audited Bank and/or Financial Statements

  • Complete postdated checks for monthly amortization / downpayment

  • Signed contract to sell

Filipinos

Initial Requirements:

 

  • Reservation Fee/Fully accomplished Reservation Application Form

  • Principal Valid ID (Gov’t issued)

  • Spouse ID (if applicable)

  • Fully accomplished Buyer’s Information Sheet (name of buyer, complete address, contact no., email address, TIN no. of buyer)

  • Duly filled-up BIR Form 1904/1903

Other Requirements:

  • Photocopy of current Community Tax Certificate and Valid Passport

  • Photocopy of Valid ID bearing the client’s picture and signature

  • Latest Proof of Billing

  • Latest Income Tax Return

  • Withholding Tax Remittance

  • Certificate of Employment with Compensation

  • Two Years Bank and/or Financial Statements

  • Business Income (if any)

  • SEC Registration, if Corporation/Partnership

  • DTI Registration, if Sole Proprietorship

  • Complete postdated checks for monthly amortization / downpayment

  • Signed contract to sell

  • If working or based abroad, photocopy of Data of Entry to the Philippines

Foreigners

Initial Requirements:

  • Reservation Fee/Fully accomplished Reservation Application Form

  • Principal Valid ID (Gov’t issued)

  • Spouse ID (if applicable)

  • Fully accomplished Buyer’s Information Sheet (name of buyer, complete address, contact no., email address, TIN no. of buyer)

  • Duly filled-up BIR Form 1904/1903

Other Requirements:

  • Photocopy of current Community Tax Certificate and Valid Passport

  • Photocopy of Valid ID bearing the client’s picture and signature

  • Latest Proof of Billing

  • Latest Income Tax Return

  • Withholding Tax Remittance

  • Certificate of Employment with Compensation

  • Two Years Bank and/or Financial Statements

  • Business Income (if any)

  • SEC Registration, if Corporation/Partnership

  • DTI Registration, if Sole Proprietorship

  • Complete postdated checks for monthly amortization / downpayment

  • Signed contract to sell

  • If working or based abroad, photocopy of Data of Entry to the Philippines