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HQP-AAF-055 Letter of Intent

Pag - Ibig letter of intent to replace buyer or lessee for purchase of an acquired asset

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LETTER OF INTENT TO REPLACE BUYER/LESSEE
_________________
Date
Dear Sir/Madam:
I would like to express my intention to replace ____(Original Buyer/Lessee)_____
as buyer/lessee of the property located at ___________________________________
with TCT/CCT/Property No. _________________ with an outstanding balance/monthly
rental in the amount of ___________________________________ (P_________)
PESOS.
I understand and agree to be bound by the terms and conditions of the Deed of
Conditional Sale/Contract of Lease with Option to Purchase executed by the original
buyer/lessee with Pag-IBIG Fund.
Furthermore, please find enclosed with this letter of option to purchase are
pertinent documents which I am hereby submitting in compliance with all your
documentary requirements.
I am aware that the Pag-IBIG FUND reserves the right to reject my offer.

Very truly yours,

_________________________
Signature of Replacement
Buyer/Lessee over Printed Name

_________________________
Signature of Original
Buyer/Lessee over Printed Name
--------------------------------------------------------------------------------------------------------------------FOR Pag-IBIG FUND USE ONLY
REASON FOR REPLACEMENT
Buyer’s Death
Unemployment
Loss of Income due to Permanent
Physical Disability

VERIFIED BY/DATE
Others (pls. specify):
___________________

WITHIN THE SECOND CIVIL DEGREE OF CONSANGUINITY/AFFINITY?
Yes

No

WITHIN 30 DAYS FROM OCCURENCE OF GROUND FOR REPLACEMENT?
Yes

No

ADDITIONAL REQUIREMENTS (FOR RENT-TO-OWN (RTO) PROGRAM)
LATEST CONTRIBUTION
RECORD
(Month and Year)
________________

PFR NO./DATE

WITH Pag-IBIG HOUSING LOAN?
Yes
No

BENEFICIARY OF RTO PROGRAM FOR
TWO (2) TIMES YET HAVE NOT OPT TO
PURCHASE THE PROPERTY?
Yes
No

APPROVED BY

DISAPPROVED BY

REMARKS

AMOUNT
P

DATE

DATE

REMARKS

(October 2012)
 
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