How To Buy Your First
Ayala Land Home
STEP 1: ANALYZE -
Understand your needs.
STEP 3: CONTACT -
Contact a qualified sales agent.
STEP 4: REVIEW -
Understand legal and documentary requirements and study
financing options.
STEP 5: PURCHASE -
Complete the purchase.
STEP 6: POST PURCHASE -
Accomplish post-purchase procedures.
STEP 5: PURCHASE - Complete the purchase.
Ready to buy? The following will show you how you can close the deal and become a new homeowner.
Step-by-Step Guide to Purchasing an Ayala Land Property
- You can contact us. Click here to see how
- Ask for a sample computation of a specific unit/lot from our Property Specialist (PS)
- Confirm the chosen unit/lot with our PS so that he/she may hold the unit.
- Fill in the Reservation Form. You may choose to complete the reservation process by paying online. Click here to reserve online
- Submit required documents. Download list of required documents (ZIP file)
- If you make full payment on your purchase, then Ayala Land sends the Deed of Sale (DOS) to you (the buyer) for signature.
- You return the signed DOS to Ayala Land, Inc. who will the notarize the document
- Ayala Land returns the notarized DOS to you.
- Ayala finalizes title transfer, with target release at 180 days from date of full payment.
- If payment is on installment basis, you submit an Installment Application Form and Ayala conducts a credit check.
- Upon approval, remit the downpayment and inform the Ayala office of your chosen mode of payment for the monthly amortization.
- Ayala sends Contract to Sell (CTS) to you for signature.
- You return the signed CTS to Ayala who will then notarize the document. Download details here (PDF)
- Ayala returns the notarized CTS to you
- Upon full payment, Ayala sends the Deed of Sale (DOS) to you for signature.
- You return the signed DOS to Ayala who will notarize the document.
- Ayala returns the notarized DOS to you.
- Ayala finalizes title transfer, with target release at 180 days after Full Payment.
Related Questions:
Contact your Seller and ask for a computation sheet for the specific property you have chosen. When you have checked that the purchase is within your budget, ask your Seller to see if the property is still available. If it is available, tell the Seller to hold the property for you. Putting the property on hold means that it will be taken out of the property listing and withdrawn from the market. This will allow you to prepare the requirements for reservation and purchase.
A computation sheet is a guide to computing the cost of a purchase. A typical computation sheet will indicate the property's list price, any discount if applicable, the resulting net selling price, plus Value-Added Tax, and other charges. A breakdown of the other charges is given, and your chosen payment scheme is indicated as your payment amounts would depend on this.
A property can be put on hold so it will not be sold to another buyer while you are still preparing your reservation payment. Usually, a property can be put on hold only for 24 hours, during which the reservation fee must be received by the Seller. A property is considered reserved after the reservation fee and preliminary documents have been received by the Seller. Balance payment and other documents usually need to be submitted within 30 days after the reservation fee is paid, otherwise, the property you wish to purchase can be opened up to other buyers.
You can put a Request to Hold on your selected property by contacting your Seller by phone, fax, email, or SMS. To un-hold your selected property, you likewise need to get in touch with your Seller by the same means as your Request to Hold. But be sure to get in touch with your Seller right away. Sellers are allowed to hold only up to 4:00 PM the next day for local buyers, and for overseas buyers, up to 4:00 PM of the 4th calendar day after the making the initial Request to Hold. To reserve your selected property, follow these steps:
Contact your Seller and tell him to reserve it for you.
Pay the Reservation Fee/Deposit.
You can put a Request to Hold on your selected property by contacting your Seller by phone, fax, email, or SMS. To un-hold your selected property, you likewise need to get in touch with your Seller by the same means as your Request to Hold. But be sure to get in touch with your Seller right away. Sellers are allowed to hold only up to 4:00 PM the next day for local buyers, and for overseas buyers, up to 4:00 PM of the 4th calendar day after the making the initial Request to Hold. To reserve your selected property, follow these steps:
Contact your Seller and tell him to reserve it for you.
Pay the Reservation Fee/Deposit.
Reservation fee is P 50,000. From the menu of remittance options below, choose the one most convenient for you:
Cash
Direct deposit to the appropriate BPI account
We regret that payment by post-dated checks is not accepted at this time.
Bank-to-bank wire transfer (with proof of wire transfer)
Payment through remittance centers
Online credit card payment (click here)
The proof of remittance/deposit should be faxed to Ayala Land along with or to follow the Reservation Agreement Form. Be sure to coordinate with your Seller for the completion of documentary requirements needed for reservation. The documents and Installment Application Form (for bank-financed purchases) must be submitted on or before Day 7 from the day you sent in your Reservation Agreement Form.
As confirmation that Ayala Land has received your Reservation Fee, you will receive an Official Receipt (OR) for Reservation and a Welcome Letter.
Cash
Direct deposit to the appropriate BPI account
We regret that payment by post-dated checks is not accepted at this time.
Bank-to-bank wire transfer (with proof of wire transfer)
Payment through remittance centers
Online credit card payment (click here)
The proof of remittance/deposit should be faxed to Ayala Land along with or to follow the Reservation Agreement Form. Be sure to coordinate with your Seller for the completion of documentary requirements needed for reservation. The documents and Installment Application Form (for bank-financed purchases) must be submitted on or before Day 7 from the day you sent in your Reservation Agreement Form.
As confirmation that Ayala Land has received your Reservation Fee, you will receive an Official Receipt (OR) for Reservation and a Welcome Letter.
The reservation is good for 30 days from the date of reservation. Generally after cancellation, reservation deposits are non-refundable, except for special cases with mitigating circumstances.
Yes, you can cancel your reservation within 30 days from the date of reservation. You will not get a refund on your reservation fee.
A sale is booked after the reservation period, and upon the fulfillment of the requirements, such as payment in full or for installment purchases, the downpayment, credit approval for deferred/installment payments, and completion of documentary requirements. After booking, a unit change or transfer may still be done upon submission to Ayala Land-Sales Administration of a written change request. A service fee may be charged for the change (Please check with your Seller).
A sale is booked after the reservation period, and upon the fulfillment of the requirements, such as payment in full or for installment purchases, the downpayment, credit approval for deferred/installment payments, and completion of documentary requirements. After booking, a unit change or transfer may still be done upon submission to Ayala Land-Sales Administration of a written change request. A service fee may be charged for the change (Please check with your Seller).
Yes, within the reservation period, you may change the unit as long as the change is to another unit within the same project, or within the Ayala Land Residential Business Group. Take note that the reservation period for the new unit continues from that of the reservation period of the previous unit. You do not start from Day 1 with a new reservation period.
Yes, you may change the owner name, free of charge, within the reservation period. The reservation period under the new owner name will continue from starting date of the reservation period under the previous owner name. It will not start a new reservation period. The same goes for change of TIN.
A change in name is allowed subject to the new buyer submitting additional documents, in addition to those required for reservation:
After the sale has been booked, a change in name/TIN may still be made, also subject to submission of the original invoice issued, a written request for change and a new Reservation Agreement. A service fee will be charged for the change.
A change in name is allowed subject to the new buyer submitting additional documents, in addition to those required for reservation:
- Letter of request for change from the original buyer
- Original invoice from previous reservation made
- New Reservation Agreement under the new name
After the sale has been booked, a change in name/TIN may still be made, also subject to submission of the original invoice issued, a written request for change and a new Reservation Agreement. A service fee will be charged for the change.
Yes, you may transfer the reservation to your child of legal age, and to your spouse, provided that they comply with the citizenship requirements for the ownership of property in the Philippines. Your child or spouse must submit the Reservation Agreement form and Installment Payment Application (if applicable) under their names, their TIN, and Community Tax Certificate or passport, if based overseas. Still, the paying parent of a child of legal age must sign a Joint and Solidary Undertaking to bind himself to the payment obligations pertaining to the purchased property.
If your child is a minor, you will first have to obtain court approval then post a bond, pursuant to Article 225 of the Philippines' Family Code.
If your child is a minor, you will first have to obtain court approval then post a bond, pursuant to Article 225 of the Philippines' Family Code.
Yes, the reservation may be transferred to an individual name or to a corporation, and vice-versa, as individuals and corporations have legal capacity to enter into a contract of sale. However, single proprietorships do not.
A corporation will have to submit documentary requirements attendant to purchase by corporate buyers, such as the SEC Certificate of Registration, Board Resolution authorizing the purchase, and photocopy of the Taxpayer's Record Update for condominium purchases, the Corporate Secretary's Certificate regarding nationality of stockholders is needed. For lots, a requirement is the Corporate Secretary's Certificate certifying that at least 60% of the outstanding capital stock is owned by Filipinos.
A corporation will have to submit documentary requirements attendant to purchase by corporate buyers, such as the SEC Certificate of Registration, Board Resolution authorizing the purchase, and photocopy of the Taxpayer's Record Update for condominium purchases, the Corporate Secretary's Certificate regarding nationality of stockholders is needed. For lots, a requirement is the Corporate Secretary's Certificate certifying that at least 60% of the outstanding capital stock is owned by Filipinos.
Assuming you have fulfilled all the requirements for reservation, having paid the Reservation Fee, sent the Reservation Agreement, and submitted all the documentary requirements for reservation (please see checklist of Documents for Reservation), your next step is to pay for the property.
You may pay in full, or partially with a downpayment, the balance in monthly amortizations, or according to whatever payment scheme you have chosen. The full total contract price or the downpayment must be paid within 30 days after the date of reservation, or the reservation will be cancelled and the Reservation Fee will not be refunded.
Be sure to review the different payment and financing plans/schemes available to you for the type of the property you chose, and discuss these with your Seller. Submit the documents required for booking your purchase.
You may pay in full, or partially with a downpayment, the balance in monthly amortizations, or according to whatever payment scheme you have chosen. The full total contract price or the downpayment must be paid within 30 days after the date of reservation, or the reservation will be cancelled and the Reservation Fee will not be refunded.
Be sure to review the different payment and financing plans/schemes available to you for the type of the property you chose, and discuss these with your Seller. Submit the documents required for booking your purchase.
Please see the list of requirements, based on whether you are buying a lot, a house-and-lot or a condominium.
You will have to sign the Contract to Sell (CTS) which will be sent to you after you have paid for the purchase. You will then return the signed CTS to Ayala Land
If you will register the sale under the name of another person or corporation, then you must sign, have notarized, and submit to Ayala Land 3 original copies of the Special Power of Attorney (SPA). The SPA and CTS will have to be authenticated at the Philippine Consulate nearest you, as that is a requirement for the Philippine courts to recognize the validity of signed documents originating from overseas.
If you will register the sale under the name of another person or corporation, then you must sign, have notarized, and submit to Ayala Land 3 original copies of the Special Power of Attorney (SPA). The SPA and CTS will have to be authenticated at the Philippine Consulate nearest you, as that is a requirement for the Philippine courts to recognize the validity of signed documents originating from overseas.
For Visitors Outside the Philippines
You may call our Toll Free Hotline at 1-877-atAYALA (282 9252) US Customers only.
If you are located Outside the US, you may call us at YOUR INTERNATIONAL GATEWAY NUMBER - 8000-atAYALA (282 9252)
Click here to view the chart of the appropriate code of your country.
For Philippine based customers you may call us at:
For Ayala Land Premier: (+632)848 5000 for Metro Manila and 1-800-10-848 5000 for Outside Metro Manila
Alveo Land Corp.: (+632)848 5100 for Metro Manila and 1-800-10-848 5100 for Outside Metro Manila
For Avida: (+632)848 5200 for Metro Manila and 1-800-10 848 5200 for Outside Metro Manila
You may call our Toll Free Hotline at 1-877-atAYALA (282 9252) US Customers only.
If you are located Outside the US, you may call us at YOUR INTERNATIONAL GATEWAY NUMBER - 8000-atAYALA (282 9252)
Click here to view the chart of the appropriate code of your country.
For Philippine based customers you may call us at:
For Ayala Land Premier: (+632)848 5000 for Metro Manila and 1-800-10-848 5000 for Outside Metro Manila
Alveo Land Corp.: (+632)848 5100 for Metro Manila and 1-800-10-848 5100 for Outside Metro Manila
For Avida: (+632)848 5200 for Metro Manila and 1-800-10 848 5200 for Outside Metro Manila
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