How do I request for a transfer of ownership?

Upon creating a ticket, please submit the following for the new buyer subject to higher management's approval:

General Requirements 

•    Request Letter (indicate the reason and affix signature of the current buyer/s and new buyer) 

•    2 Valid IDs (affix 3 specimen signature) 

•    Proof of Civil Status (CENOMAR if single, Marriage Certificate if married) 

•    Proof of Billing (i.e. utility bill, credit card statement, etc) (if POB is not under your name, you may use Authorization to use proof of billing attached the ID of the owner)  

•    New RA documents / New Docket – available at the 21st Phirst Park Home - Head Office or at your nearest PPHI site 

•    At least 5 Consularized/ 6 Notarized SPA (if notarized, please submit entry exit passport or ticket) -applicable only if the new buyer is OFW 

Income Requirements   

Employed 

1.    Latest 3 months payslips 

2.    Latest 3 months Payroll Bank Statement 

3.    Certificate of Employment w/ Compensation & Tenure (locally employed) 

4.    Valid Job Contract (based abroad) 

Self-Employed

1.    Certificate of Business Registration from DTI/SEC 

2.    Audited Financial Statement w/ ITR - 2 years

3.    List of trade & references

a.    3 name & contact number of supplier

b.    3 name & contact number of customer

4.    Bank Statement or Passbook for the last 6 months 

5.    Latest proof of billing with sketch map & landmark

6.    Complete business address with sketch map & landmark

Additional Requirements (If Based Abroad):

•    Five (5) Copies of Consularized Special Power of Attorney (SPA) (if based abroad) or

•    Six (6) Copies of Notarized Special Power of Attorney (SPA) (if locally executed, with attached entry/exit documents, if applicable)

•    Two (2) Primary Valid IDs of the Attorney-in-Fact (with three specimen signatures)

Important Reminder 

•    Transfer of ownership request is subject to Management evaluation and deductions (released commission of agent / incentives released / taxes / forfeited reservation fee) 

•    All Request for Special Approval has Admin Fee amounting to PhP10,000 for Transfer of Ownership request - payment settlement once request is approved