28/09/2026
CONTRACT TO SELL OR DEED OF ABSOLUTE SALE?
They are not interchangeable.
In a Contract to Sell, the seller generally reserves ownership until the buyer fulfills an agreed condition, commonly full payment of the purchase price.
A Deed of Absolute Sale generally documents a completed sale. However, the legal effect of any document depends on its complete terms and the partiesβ true agreementβnot merely its title.
Before signing, clarify:
β’ When ownership will transfer
β’ When possession will be delivered
β’ When the title will be released
β’ Who will process and pay the taxes
β’ What happens if either party defaults
β’ Whether payments may be refunded or forfeited
A properly structured agreement protects both the buyer and the seller.
# SALAS LAW OFFICE
π 14 Floremer Subd., A.S. Fortuna Street, Banilad, Mandaue City, Cebu
π Office: 0917 727 4670
π Office: 0917 107 9832
π± Mobile: 0963 533 3845
π§ [email protected]
π§ [email protected]