Wednesday, November 18, 2015

Reservation Agreement

RA or Reservation Agreement is the first document that a buyer/client should sign during a purchase/reservation of the property.

Standard reservation fee applies depend onthe value of the property. (Usually 5 to 30 thousand pesos)

This stage is also called Option Stage.

Reservation fee in Real Estate is strictly not refundable. (Must be properly discussed with the buyer/client)

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