AUTHORITY TO SELL WITH NON-EXCLUSIVE RIGHT TO SELL AGREEMENT

THIS AGREEMENT is made and executed on this ____ day of _____, 20____, by and between:

PARTIES:

PRINCIPAL:
Name: [Principal’s Full Name]
Citizenship: Filipino
Civil Status: [Married/Single/Widowed], of legal age
Residential Address: [Complete Residential Address]
Tax Identification Number (TIN): [TIN Number]

AUTHORIZED AGENT:
Name: [Agent’s Full Name]
Citizenship: Filipino
Civil Status: [Married/Single/Widowed], of legal age
Residential Address: [Complete Residential Address]
Tax Identification Number (TIN): [TIN Number]

(Hereinafter collectively referred to as the “PARTIES”.)

WITNESSETH, THAT:

WHEREAS, the PRINCIPAL is the lawful owner of certain real property situated in the City/Municipality of [City/Municipality], Province of [Province], Philippines, described as follows:

(Insert Property Description here, including title information, lot number, boundaries, and technical details as per the Transfer Certificate of Title or Tax Declaration.)

WHEREAS, the PRINCIPAL desires to grant a non-exclusive right to the AUTHORIZED AGENT for the marketing and sale of the said property;

NOW, THEREFORE, for and in consideration of the mutual covenants and agreements contained herein, the PARTIES agree as follows:

1. Appointment

The PRINCIPAL hereby appoints the AUTHORIZED AGENT with the non-exclusive right to offer, negotiate, and secure potential buyers for the property.

2. Non-Exclusive Right to Sell

The AUTHORIZED AGENT shall have a non-exclusive right to market and sell the property during the term of this Agreement. The PRINCIPAL retains the right to appoint other agents or personally sell the property during this period.

3. Duties and Obligations of the AUTHORIZED AGENT

The AUTHORIZED AGENT shall:

a. Use best efforts to market and promote the property.
b. Provide accurate and up-to-date information to interested buyers and facilitate property viewings.
c. Promptly inform the PRINCIPAL of any inquiries, offers, or developments.
d. Avoid any activities or actions that may harm the PRINCIPAL’s interests or reputation.

4. Compensation

The AUTHORIZED AGENT shall be entitled to a commission based on the successful sale of the property. The commission rate and payment terms shall be agreed upon separately in writing and form an integral part of this Agreement.

5. Duration

This Agreement shall remain in effect for [Duration in months or years] from the date of execution, unless terminated earlier by written notice from either PARTY.

6. Termination

In the event the PRINCIPAL sells the property directly or through another agent during the term of this Agreement, the AUTHORIZED AGENT shall be entitled to the agreed commission if the buyer was sourced or negotiated by the AUTHORIZED AGENT during this period.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the Republic of the Philippines.

IN WITNESS WHEREOF, the PARTIES have hereunto set their hands on the date and place first above written.

PRINCIPAL:
[Principal’s Full Name and Signature]

AUTHORIZED AGENT:
[Authorized Agent’s Full Name and Signature]

SIGNED IN THE PRESENCE OF:

Witness 1:
Name: _________________________
Address: _______________________
Signature: ______________________

Witness 2:
Name: _________________________
Address: _______________________
Signature: ______________________