BUYER’S INFORMATION SHEET

    Place N/A if Not Applicable

    1. Buyer's Information

    MaleFemale
    SingleMarriedDivorcedWidowed
    Full-TimeContractualPart-TimeProbationary
    EmployedSelf-employedRetiredUnemployed
    OFWLocal

    IF PRINCIPAL BORROWER IS AN OFW

    NoYes

    2. Co-owner's/Spouse Information

    To be filled out by the Co-owner or Spouse (If any). If Buyer has both a Co-owner and Spouse , please fillout another set of Buyer’s Information Sheet at the
    “Owner’s/ Spouse’s Information” section only.

    MaleFemale
    SingleMarriedDivorcedWidowed
    Full-TimeContractualPart-TimeProbationary
    EmployedSelf-employedRetiredUnemployed
    OFWLocal

    IF PRINCIPAL BORROWER IS AN OFW

    NoYes

    Terms and Condition

    1. This Purchase Application shall continue to be valid only if I pay the first downpayment on due date. If no such payment is made, this applifcation is deemed cancelled and withdrawn without need of notice and PPPVI is free to sell the Property to any person.

    2. Prior to making this reservation, I inspected the Property, reviewed it’s plan & specifications and verifed it’s physical condition and found the same acceptable.

    3. The reservation is not refundable. If PPPVI and I agree on the purchase during the reservation period and I pay the first downpayment on due date, the reservation fee maybe credited to the total purchase price.

    4. If there is a discrepancy between the manually computed amount and the system-computed amounts of the Total Contract Price, the installment and/ or amortizations. I will pay the system-computed amounts.

    5. Without need of prior notice or demand on me, PPPVI can cancel this purchase application and forfeit all my payments as liquidated damage if any of the following events happen: (i) I fail to pay the downpayment or equity payment or any part thereof, and/or any of the subsequent monthly amortization as they fall due, and/or any of the charges and expenses arising from this transaction including but not limited to registration, insurance and maintenance fees. (ii) I fail to submit the loan requirements to PPPVI and/or I fail to sign and return to PPPVI all the required contract documents pertaining to this Application as prescribed under PPPVI policies. (iii) I withdraw or cancel this application for any reason whatsoever. (iv) My housing loan application is disapproved by the lender, and I am not able to obtain other sources of financing acceptable to PPPVI for the payment of the balance of the purchased price. (v) This Application is non-transferable and I transfer or attempt to transfer or assign this reservation without PPPVI’s written approval.

    6. At this sole discretion and without need of my consent, PPPVI may approve, reject, or withdraw previous approval and/or otherwise impose additional or different payment conditions for the approval of this Application.

    7. If for any reason the Property subject of this Application is no longer available for sale to me, PPPVI may at it’s option cancel this Application and refund to me all payments I have made net of lawful deductions without any further liability, or to substitute the property with another property of comparablearea and price under such terms to be agreed upon between PPPVI and myself.

    8. In making this Application, I have not relied on and will not bind PPPVI to any representation, promise or warranty by any person except those made to me in writing by PPVI’s authorized representative or otherwise embodied in this Application.

    9. This Application is subject to evaluation and approval by PPPVI’s authorized officers.

    10. All payments under this Application will be paid on their due dates without need of notice or demand. Such payments cannot be suspended of deferred by reason of a pending request with PPPVI for extension, restructuring, substitution of property or other revision on the terms and conditions of this Application. If required, I will issue post dated checks to fully cover the payment of all amounts due under this Application.

    11. PPPVI shall levy a late payment charge of 3% monthly on all sums due and paid under this Application. The penalty will be due on the overdue amount for delays corresponding to amount or a fraction of a month.

    12. The monthly amortization on the in-house financing of the property shall immediately commence without further notice or demand 30 days after I fully pay the equity payments regardless of whether my Contract to Sell/Deed of Absolute Sale has been delivered to me or not.

    13. I shall make all payments only thru the cashier of PPPVI head Office or thru payment arrangements approved by PPPVI. In case of dispute, proof of payment shall consist solely of a validated PPPVI Official Receipt issued by the PPPVI Cashier.

    14. All my payments shall be applied to the following obligations in this order: (i) payment of reimbursement and other charges including but not limited to insurance premiums, real property taxes, and maintenance or repair fees, (ii) late payment charges, (iii) interest and then the principal of monthly equity payments and (iv) interest and then principal of ICR amortizations. This application of payment can be changed only with PPPVI’s written consent.

    15. I authorize PPPVI to debit from the account specified below, payment for my Downpayments (DP) Monthly Amortization (MA) Both DB & MA following the schedule indicated in the 1st page of this form.

    16.If for whatever reason I have not received a copy of the contract to sell, I agree to continue to be bound by the terms of this Application and I will continue to pay all due payments and/or amortizations until they are paid in full.

    17. Beginning from the date of my actual or constructive acceptance of the property, PPPVI shall charge me a monthly repair and maintenance fee equivalent

    to 1% of Total Contract Price for as long as I do not actually take physical possession of the Property. The property is deemed accepted (i) on the date specified in the Notice of Turnover if I fail to inspect and accept the Property or (ii) when I actually occupy the property, or (iii) when I introduce improvements, alterations or furnishings into the Property or (iv) in any other manner by which delivery is made to me as Buyer.

    18. I shall pay the Real Property Tax (RPT) on the Property on the year the title is transferred in my name. If title has not been transferred to me, I shall pay the RPT the year following either (i) signing of Certificate of Acceptance or, (ii) my deemed acceptance on the date specified in the Notice of Turnover or, (iii) actual move in to unit (for House and Lot Buyers) or (iv) the issuance of Approval to Construct (for Lot Buyers).

    19. I conform to the Deed of Restrictions of the property. I agree to join and be bound by the rules and regulation of the homeowners association, including the

    CERTIFICATION

    I, the undersigned Buyer, certify that I agree to the terms and conditions governing this sale transaction. I further attest to the correctness of the personal information stated in this application form. I have read this form, understood its contents and consent to the processing of my personal data. I understand that my consent does not preclude the existence of other criteria for lawful processing of personal data, and does not waive any of my rights under the Data Privacy Act of 2012 and other applicable laws.

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