Online Reservation

Step 1: Reserve a Unit

BUYER’S INFORMATION SHEET (BIS) - Download BIS

1. Print the downloaded BIS form.
2. Fill in the complete details and information required.
3. Affix your Signature over your printed name.
4. Send a copy to our International Sales Officer via fax, scanned email attachment, online file transfer.

RESERVATION AGREEMENT (RA) and COMPUTATION SHEET (CS)
Download the Following:
- Reservation Agreement
- Computation Sheet
- Why Invest
- Conformity Sheet
- Bank Authorization (optional)

1. Print the downloaded forms.
2. Fill in the complete details and information required.
3. Affix your Signature over your printed name.
4. Send a copy to our International Sales Officer via fax, scanned email attachment, online file transfer to OFFICIALLY BOOK THE UNIT.

Note:
• RA is the INITIAL AGREEMENT between CATHAY LAND, INC. and the BUYER.
• RA stipulates the details of the purchase: PROJECT AND UNIT TYPE, UNIT PRICE, TERMS OF PAYMENT, and STANDARD TERMS AND CONDITION.
• Notarization is not needed.

RESERVATION FEE PAYMENT (RF)

• Payable in CASH or CHEQUE
• Payment must be made within 24 hours from the date of Reservation Application.
• SEND a copy of the PAYMENT TRANSACTION REPORT, FUND TRANSFER FORM, WIRE TRANSFER FORM, or the REMITTANCE SLIP to our International Sales Officer as proof of payment via fax, scanned email attachment, online file transfer.

VALID IDENTIFICATION (ID)

Photocopies of VALID IDs with signature must be submitted and sent to our International Sales Officer via fax, scanned email attachment, online file transfer.

Step 2: Payments

DOWN PAYMENT (DP)

•    DP is payable in CASH or CHEQUE
•    DP may vary depending on the project and on the BUYER’S chosen payment term.
•    DP must be paid within 30 calendar days from the payment date of RF.

POST-DATED CHEQUES (PDC)

•    Cheques for the MONTHLY AMMORTIZATION (MA); RETENTION CHEQUE (RC) for TURNOVER BALANCE (TO) must be complete and submitted to CATHAY LAND, INC. within 30 calendar days from the payment date of the RF.
•    All PDCs must be CROSSED and made payable to CATHAY LAND, INC. only.
•    Please double-check the important details such as BANK ISSUER, ACCOUNT NAME, DATE, AMOUNT - in FIGURES, AMOUNT in WORDS, and SIGNATURE.
•    Total issued PDCs should be prepared according to the agreed and accepted payment term and / or payment schedule of the BUYER.
•    Inconsistencies with the given information, signature, and incomplete documents will delay the process and is  a ground for cancellation of the purchase.
•    A CONFIRMATION LETTER containing cheque details will be sent through email upon receipt of PDCs by our International Sales Officer

Note: PDC for in-house financing only

Step 3: Authenticate Contract of Agreement

CONTRACT TO SELL (CTS)

•    CTS will be sent to the BUYER for conformity, after DP payment or 1st MA payment (whichever comes first).
•    Buyer must affix SIGNATURE, on one side, on each page including allotted BLANK located on the last page.
•    SIGNED CTS must be sent back immediately to CATHAY LAND, Inc. for Notary by the Philippine Embassy for Philippine Local-Domestic BUYERS or by Philippine Consulate for International BUYERS.