Deed of absolute sale
1 Deed of absolute sale on Mon Apr 11, 2011 6:14 pm
2 Re: Deed of absolute sale on Wed May 04, 2011 11:29 am
In preparatory stage, a Contract to Sell is executed between the parties where ownership has not yet been transferred to the buyer since the condition has not yet been fulfilled e.g. payment of full price.
Once the price is fully paid, a Deed of Absolute Sale is made whereby the seller relinquishes or transfers ownership of the property to the buyer. In this stage, the buyer becomes the absolute owner of the property.
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