Lot for Sale in Sto Tomas Pampanga

Terms and Conditions for the Sale of Sto. Tomas, Pampanga Property:

Address of Property: Sto. Tomas Pampanga
-Tuano Avenue
-one lot away from San Miguel former B-Meg Plant
-Sto Tomas Pampanga

Description: 6,000 sqm, empty lot, recently graded and filled, non flooding

Total Area for Sale: 6,000 sqms (one title)

Price per sqm: P18,000.00 gross

Total price: P108,000,000

Term of Payment: CASH (30 DAYS)

EXPENSES ATTRIBUTED TO THE BUYER UPON CONSUMMATION OF THE SALE:

Capital Gains Tax: 6% of the Undervalued Amount in the Deed of Absolute Sale

All Attorneys Fee and Notarial Fees in the Signing of the Deed of Absolute Sale

Transfer and Registration Fees in having the title transferred into the name of the Buyer

EXPENSES ATTRIBUTED TO THE SELLER UPON CONSUMMATION OF THE SALE:

V.A.T. (Value Added Tax)-12% based on the undervalued amount in the Deed of Sale

1.5 % Documentary and Science Tax (DST), based on the undervalued amount in the Deed of Sale

Brokers Commission of 2%, based on the undervalued amount in the Deed of Absolute Sale