EXHIBIT_K

(Authority to Sell: Non-Exclusive)

AUTHORITY TO SELL

This Non-Exclusive AUTHORITY TO SELL is hereby given to ________(Broker’s

Name)________ (hereinafter referred to as the “Broker”), with address at
________________________________, under the following terms and conditions:

1. That the property to be offered for sale and is the subject of this Authority is
described as follows (hereinafter referred to as the “PROPERTY”);

Address/Location : ______________________________________________
______________________________________________

Lot Area : ______________________________________________

Brief Description : ______________________________________________

______________________________________________
______________________________________________
______________________________________________
______________________________________________

OCT/TCT/CCT No. : _______________ on file with the Register of Deeds

of
_____________________________________________.

Tax Declaration Nos. : Lot : __________________________

Improvement(s): __________________________

Registered Owner(s) : ______________________________________________

2. That the aforedescribed Property shall be offered on a straight sale basis at the
gross price of
___________________________________________________________________________
(PhP__________________), subject to further upward or downward adjustment in the
future by the undersigned, payable in cash or whatever payment mode or
scheme that I/we may agree on with a prospective buyer;

3. That the payment of the corresponding capital gains tax or expanded withholding
tax (whichever is applicable) shall be for my/our account. The documentary
stamp tax shall be for the account of the _________; other miscellaneous and
incidental costs and expenses to be incurred in the process of securing the
clearance and approval of the BIR, shall be for my/our sole and exclusive account.
Any unpaid real property taxes, utility bills and homeowner’s/association dues,
shall also be for my/our account. The payment of the transfer fees, sale
registration expenses, transfer of title and all Registry of Deeds-related costs,
expenses, fees, charges as well as other miscellaneous and incidental expenses
to be incurred in the process of securing the new title in the name of the buyer,
shall be for the exclusive account of the buyer. Legal documentation expenses, if
any, as well as the notarial expenses shall be for the account of the _________.

SOURCE: REALTOR® Phil M. Coquia

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 4. That in the event of sale, the property shall be delivered and conveyed to the
buyer free and clear of any liens and encumbrances. If necessary, the
property shall also be cleared of and vacated by all tenants and/or occupants;

5. That in consideration for his professional brokerage services in the event of sale,
the Broker shall be entitled to receive a broker’s commission equivalent to _____
Percent (__%) of the gross and actual selling price, whether documented or not,
and shall be paid immediately at closing date upon receipt of the full sales
proceeds in cash free and clear of any charges, withholdings, offsettings and
deductions of whatever nature except for the BIR-prescribed withholding tax at
source applicable to real estate brokers, if necessary. If the payment of the sales
considerations is made in installments, the broker’s commission shall also be paid
on a pro-rata basis;

6. That this AUTHORITY TO SELL shall take effect from the date of acceptance herein
by the Broker and shall continue to be valid and effective for a period of
__________________ (___) days from the date hereof or until the receipt by the
Broker of the full payment of his/her commission pursuant to Paragraph 5 above.
If necessary, this Authority may be further extended or renewed upon my/our
mutual agreement with the Broker;

7. Hold-over Clause. In the event the Property is sold to a buyer to whom the
Broker has offered to and/or negotiated with and accordingly registered the
name and identity to me/us in writing during the effectivity of this AUTHORITY
TO SELL, he/she shall be entitled to receive the same commission due him/her
if the sale is consummated, executed or finally closed within
___________________ (___) days from the date of the expiry of this AUTHORITY
TO SELL or any extension date thereof;

8. That I/We am willing to provide the Broker or any of his prospective buyers
any and all property information, data and documents, if required.

9. That I/We are the registered owner in fee simple of the Property and that I/we
have the legal authority to dispose of the same.

________________________
Owner-Seller
_______(Address)____________
____________________________

ACCEPTED BY:

______________________
Broker

Date:______________, 200_

Note : Attached are copies of the title, tax declaration(s), Lot Plan and Vicinity Plan.

SOURCE: REALTOR® Phil M. Coquia

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SOURCE: REALTOR® Phil M. Coquia