Are You Sure? It's Powerful to See Who They Know.

Topics: Makati City, Metro Manila, Manila Pages: 2 (268 words) Published: July 27, 2013
LETTER OF INTENT
Unit 22-B Easton Place Condominium
Salcedo Village, Makati City

May 10, 2013

Attention:Ms. Wilma Buenaobra
Property Owner
C/o Ms. Mylene Ngo
Special Power of Attorney

Dear Ms. Buenaobra;

This is to formalize our intent offer to purchase the above mentioned unit, in behalf of our clients Ms. Sun Hye Lee Pirodon and Mr. Christian Pirodon, French National, with postal address at Hotel Intercontinental Manila, No. 1 Ayala Ave, Makati City Metro Manila, Philippines, under the following terms and conditions;

Offer Purchase Price: Php 8,500,000.00 – spot cash plus standard buyer expenses
(forwarded already the estimated buyer expenses)
Can settle the payment as early as possible
NOTE:
SELLERS ACCOUNT
* 6% capital gain tax (CGT) or 12% WHT if company owned (if any)
* 3% brokers commission as service fee

BUYERS ACCOUNT
* 1.5% Documentary stamp tax
* 1.5% approx transfer tax and registration and
* Other minimal expenses (Xerox, notary, Processing fee and other docs.)

Should you find the aforementioned terms and conditions acceptable, please affix your signature on the space provided below. Above should be done on or before contract signing of client.

It is understood that the hereunder signatory brokers below are entitled to receive 3% brokers commission as service fees.

We look forward to a successful working relationship with you. Thank you very much,

At your service, Conforme:

Marychel A. Calma____________________
0926-6756819 Ms. Wilma Buenaobra
Unit Owner

Mary Jean Chua________________________
Associate Broker Ms. Mylene Ngo
Maribel HarrisAtty. In fact
Kristine Surla

NOTED BY:
_____________________
Mr. Christian Pirodon
Buyer

____________________
Ms. Sun Hye Lee Pirodon
Buyer
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