Complete your sale of immovable property (i.e. land, building, condominium unit) by transferring title to the buyer
A Deed of Sale is a contract where the seller delivers property to the buyer and the buyer pays the purchase price. The deed results in ownership over the property being transferred to the buyer upon its delivery.
A Deed of Sale, similar to a Contract to Sell, contains the basic terms of the sale such as purchase price, payment terms and warranties. While the deed can be used for the sale of any property it is most commonly used for (1) land; (2) houses; (3) condominium units; (4) cars; and (5) other movable property usually with a high value.
Government agencies sometimes require a notarized Deed of Sale to process the transfer of the Certificate of Title over the property to the buyer. These are usually required by the Register of Deeds (for land) and Land Transportation Office (for cars).
Complete your sale of the vehicle by transferring title to the buyer
A Deed of Sale is a contract where the seller delivers property to the buyer and the buyer pays the purchase price. The deed results in ownership over the property being transferred to the buyer upon its delivery.
A Deed of Sale, similar to a Contract to Sell, contains the basic terms of the sale such as purchase price, payment terms and warranties. While the deed can be used for the sale of any property it is most commonly used for (1) land; (2) houses; (3) condominium units; (4) cars; and (5) other movable property usually with a high value.
Government agencies sometimes require a notarized Deed of Sale to process the transfer of the Certificate of Title over the property to the buyer. These are usually required by the Register of Deeds (for land) and Land Transportation Office (for cars).
Demand payment of money you are owed
A demand letter is a demand made by the creditor on the debtor to pay all unpaid amounts owed. The creditor gives the debtor a period of time to comply with the demand. The creditor also says that if the debtor fails to comply with the demand within the given period, the creditor is prepared to pursue legal action (e.g. file a case in court).
There are no special requirements for a creditor to send a demand letter but it’s best to use a mode of service where the creditor can trace whether the debtor received the letter or not (e.g. via courier). Further, the creditor should save copies of the letter for himself / herself in case the creditor pursues legal action later on against the debtor.
Protect confidential business information and trade secrets by prohibiting your employee from disclosing them to persons outside the business
An Employee Non-Disclosure Agreement (“NDA”) facilitates the sharing of confidential business information and trade secrets between the employer and employee. Under the NDA the employer shares confidential information to the employee and the employee keeps the said information confidential and promises not to disclose the same.
An NDA helps the business because it allows the employer to freely share confidential business information with employees as necessary for them to perform their job. Simultaneously, the employer can expect the employees to keep such information confidential and to not disclose the same under threat of legal action.
An NDA contains basic terms such as (1) what is defined as confidential information; (2) what is excluded from the definition of confidential information; and (3) under what circumstances the confidential information may be disclosed. With Legal Tree you can create an NDA with only the most basic terms or you can make it as detailed and complex as needed for your business.
Have an employee waive his employment claims against the employer
An Employee Quitclaim is a document where an employee waives his / her employment claims against the employer. The employee executes this when the employer and employee agree to settle a dispute, or in order to avoid potential disputes (which can be costly and lengthy).
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