Smdc Reservation Agreement Form
Description
How to fill out Subordination Agreement With No Reservation By Lienholder?
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FAQ
In brokerage term, Reservation Agreement is called Earnest Money a small amount of money usually few thousand pesos or 2% to 5% of the Total Contract Price to show interest to purchase on the part of the buyer and that the property can be put on hold until such time the Contract to sell or Deed of Sale is ready for
A reservation agreement is frequently used in the sale of new homes when a buyer reserves the right to buy the property for a period of time (the reservation period) and pays a fee. The builder or developer states that it will not sell the property to another during the reservation period.
Reservation Fee is non-refundable and is only valid for thirty (30) days.
How to Reserve a SMDC Condo UnitSTEP 1: Choose & Hold Unit. Choose and hold unit/s you wish to purchase.STEP 2: Pay Reservation Fee. SMDC has provide various payment channels so you can safely and easily pay you reservation fee.Step 3 : Submit required documents.
If you're looking for a good investment opportunity, you may want to consider an SMDC investment. With properties currently being built and still lined up, the Philippines is definitely enjoying a major surge in the real estate market. After all, condo living is an attractive offer.
