Sale of property is on "as-is-where-is" basis to refer not only to the property's physical condition, its contents/inclusions at time of offer to sell, but also the condition of the pertinent title/tax declaration, the extent and state of whatever rights, interest, and participation over the property DBP may have at time of offer to sell. In addition, "as-is-where-is" shall mean the buyer's assumption of any and all claims, liens, assessments, liabilities and/or damages arising from any suit/litigation involving the property, accruing from the signing date of the Deed of Absolute Sale, to the total exclusion of DBP. All offers will be entertained on a First-Come, First-Served basis at Acquired Assets, Ground Floor, DBP Head Office, Sen.Gil Puyat Ave. cor. Makati Ave., Makati City
a. Department of Agrarian Reform (DAR) can exercise its authority of compulsory acquisition any time;
b. The vendee must secure DAR clearance or certification that the vendee is qualified to own and possess the agricultural lands the vendee intends to purchase from DBP and that vendee's landholdings, as a result of the present acquisition, shall not exceed the landholdings ceilings provided under the CARL of 1988 (R.A. 6657);
c. The vendee shall be solely responsible in securing all clearances and other requirements to facilitate and effect the registration of the Deed of Absolute Sale.
San Isidro, Ilagan City