B033 Listing
PNB
Reminder:
Contact info of the designated contact person(s) from the bank are inside the linked. Please contact the bank directly to inquire, thank you for understanding (I will not reply to email inquiries - again, you should contact the bank directly).
Best regards,
1. Metro Manila Properties - aamg_asdept3ncr@pnb.com.ph
2. Luzon Properties - aamg_asdept1luzon@pnb.com.ph
3. Visayas-Mindanao Properties - aamg_asdept2vismin@pnb.com.ph
Existing or fully paid installment accounts or contracts, please contact the following:
Ms. Jerlie Bustos, bustosjb@pnb.com.ph
Existing/expired lease accounts or contracts, please contact:
Mr. Alex P. Delos Santos, delosantosap@pnb.com.ph
CARP accounts, please contact:
Mr. Michael M. Aguilar, aguilarmm@pnb.com.ph
Greetings! Thank you for your interest in PNB properties. For inquiries regarding – Foreclosed properties for lease/sale, please contact the following:
Acquired Assets Management Group9th floor, PNB Macapagal Blvd., Pasay City
Existing or fully-paid installment accounts or contracts, please contact the following: Mr. Gerardo Ocampo ocampojrga@pnb.com.ph, or Ms. Jerlie Bustos at bustosjb@pnb.com.ph
Show original messageexisting/expired lease accounts or contracts, please contact: Ms. Malia Lilia Pineda pinedamlo@pnb.com.ph CARP accounts, please contact: Mr. Glenn De Dios at dediosgp@pnb.com.ph
Acquired Assets Management Group9th floor, PNB Macapagal Blvd., Pasay City
Existing or fully-paid installment accounts or contracts, please contact the following: Mr. Gerardo Ocampo ocampojrga@pnb.com.ph, or Ms. Jerlie Bustos at bustosjb@pnb.com.ph
Show original messageexisting/expired lease accounts or contracts, please contact: Ms. Malia Lilia Pineda pinedamlo@pnb.com.ph CARP accounts, please contact: Mr. Glenn De Dios at dediosgp@pnb.com.ph
DUMDUM, NINOTCHKA L. M.dumdumnm@pnb.com.ph
NCRMARIKINA / MUNTINLUPA
Region 06AKLAN / ANTIQUE / NEGROS OCCIDENTAL
Region 08BILIRAN SUB PROVINCE / EASTERN SAMAR / LEYTE PROVINCE / NORTHERN SAMAR / SOUTHERN LEYTE / WESTERN SAMAR
Region 09ZAMBOANGA DEL NORTE / ZAMBOANGA DEL SUR
Region 10BUKIDNON / LANAO DEL NORTE / MISAMIS OCCIDENTAL / MISAMIS ORIENTAL
Region 13AGUSAN DEL NORTE / AGUSAN DEL SUR / SURIGAO DEL NORTE / SURIGAO DEL SUR
NCRMARIKINA / MUNTINLUPA
Region 06AKLAN / ANTIQUE / NEGROS OCCIDENTAL
Region 08BILIRAN SUB PROVINCE / EASTERN SAMAR / LEYTE PROVINCE / NORTHERN SAMAR / SOUTHERN LEYTE / WESTERN SAMAR
Region 09ZAMBOANGA DEL NORTE / ZAMBOANGA DEL SUR
Region 10BUKIDNON / LANAO DEL NORTE / MISAMIS OCCIDENTAL / MISAMIS ORIENTAL
Region 13AGUSAN DEL NORTE / AGUSAN DEL SUR / SURIGAO DEL NORTE / SURIGAO DEL SUR
LABUSTRO, MARYFLOR R.labustromr@pnb.com.ph CARABRA / BENGUET / IFUGAO / KALINGA APAYAO / MOUNTAIN PROVINCE
NCRKALOOKAN CITY(NORTH) / KALOOKAN CITY(SOUTH)MALABON / NAVOTAS / PARANAQUE / TAGUIG / VALENZUELA
Region 02CAGAYAN / ISABELA / NUEVA VIZCAYA / QUIRINO PROVINCE
Region 04BATANGAS / CAVITE / LAGUNA / MINDORO OCCIDENTAL / MINDORO ORIENTAL
NCRKALOOKAN CITY(NORTH) / KALOOKAN CITY(SOUTH)MALABON / NAVOTAS / PARANAQUE / TAGUIG / VALENZUELA
Region 02CAGAYAN / ISABELA / NUEVA VIZCAYA / QUIRINO PROVINCE
Region 04BATANGAS / CAVITE / LAGUNA / MINDORO OCCIDENTAL / MINDORO ORIENTAL
MACADAMIA, NOEL B.Visayas-Mindanao Sales/Leasing Dept.Acquired Assets Management Group9th floor, PNB Macapagal Blvd., Pasay CityPhone: (02) 526 3131 Local 4621; IP Phone- 5449macadamianb@pnb.com.ph
ARMM BASILAN PROVINCE / LANAO DEL SUR / MAGUINDANAO / SULU PROVINCE
NCRMANILA / PASAY CITY
Region 10CAMIGUIN
Region 11COMPOSTELA VALLEY / DAVAO DEL NORTE / DAVAO DEL SUR / DAVAO ORIENTAL
Region 12NORTH COTABATO / SOUTH COTABATO / SULTAN KUDARAT
ARMM BASILAN PROVINCE / LANAO DEL SUR / MAGUINDANAO / SULU PROVINCE
NCRMANILA / PASAY CITY
Region 10CAMIGUIN
Region 11COMPOSTELA VALLEY / DAVAO DEL NORTE / DAVAO DEL SUR / DAVAO ORIENTAL
Region 12NORTH COTABATO / SOUTH COTABATO / SULTAN KUDARAT
MOLINA, JEFFRY H.molinajh@pnb.com.ph
NCRQUEZON CITY
Region 03AURORA PROVINCE
Region 04QUEZON /RIZAL PROVINCE
Region 05ALBAY / CAMARINES NORTE / CAMARINES SUR / CATANDUANES / MASBATE / SORSOGON
NCRQUEZON CITY
Region 03AURORA PROVINCE
Region 04QUEZON /RIZAL PROVINCE
Region 05ALBAY / CAMARINES NORTE / CAMARINES SUR / CATANDUANES / MASBATE / SORSOGON
RUBIO, ANGELICA B.RubioAB@pnb.com.ph
NCRLAS PINAS
Region 06CAPIZ / ILOILO / NEGROS OCCIDENTAL
Region 07BOHOL / CEBU PROVINCE / NEGROS ORIENTAL / SIQUIJOR PROVINCE
NCRLAS PINAS
Region 06CAPIZ / ILOILO / NEGROS OCCIDENTAL
Region 07BOHOL / CEBU PROVINCE / NEGROS ORIENTAL / SIQUIJOR PROVINCE
TUBIGAN, ELEONOR B.tubiganeb@pnb.com.ph NCRMAKATI / PASIG / MANDALUYONG / SAN JUAN
Region 03BULACAN / NUEVA ECIJA / PAMPANGA / TARLAC / ZAMBALES
Region 04MARINDUQUE / PALAWAN / ROMBLON
Region 03BULACAN / NUEVA ECIJA / PAMPANGA / TARLAC / ZAMBALES
Region 04MARINDUQUE / PALAWAN / ROMBLON
A. GENERAL TERMS AND CONDITIONS
A. GENERAL TERMS AND CONDITIONS
A.1 PNB makes no commitment nor guaranty to approve/accept this Offer. The Offer is understood to be subjectto the final approval of PNB’s appropriate approving authority.
A.1.1 In case the Offer is approved in accordance herewith, a Notice of Approval (the “NOA”) signed byPNB’s duly authorized officer, shall be sent to me/us thru courier or registered mail. It is agreedand understood that receipt by PNB of the courier/registered mail proof of delivery sent/deliveredto my/our mailing address specified in this proposal constitutes delivery to me/us of the NOA.
A.1.2 In the event PNB proposes changes in the terms and conditions of the Offer (the “PNB Counteroffer”), I/we shall submit to PNB my/our written conformity (the “Conformity”) to the PNB Counteroffer not later than seven (7) days from receipt thereof. Should PNB fail to receive the Conformitywithin the said seven (7) – day period, my/our offer shall be deemed withdrawn and PNB’sCounter-offer shall be deemed automatically cancelled, without need of notice, and PNB shall befree to sell the Property to other interested parties.
A.2 I/We hereby acknowledge that the sale of the Property is on an “AS IS, WHERE IS” basis. As such, I/weunderstand that PNB is only selling whatever rights, interests and participation it has on the Property andI/we fully acknowledge the nature and extent of said rights, interests and participation. I/We also representthat I/we have investigated, inspected and ascertained said rights, title or interest of PNB over theProperties as well as the physical or legal condition and status of the Property and found them acceptable.Moreover, I/we have not relied on any representation by PNB with respect to the Property in making thisOffer. I/We hereby agree that PNB is not in any way responsible and accountable for any development inthe area where the Property is located.
A.3 I/We shall be responsible for ejecting all occupants, if any, on the Property at my/our expense.
A.4 I/We hereby agree and undertake, at my/our own cost and expense, to cause the cancellation of allencumbrances or liens annotated on the title covering the Property, if any, and to insure the insurableimprovements thereon, the covering policy of which shall be endorsed in favor of the Bank.
A.5 I/We hereby agree to execute a Deed of Acknowledgment that the title to the Property has not been transferred inthe name of the Bank (in case the title and/or Tax Declaration have not been consolidated in PNB’sname).
A.6 I/We agree to indemnify and to hold PNB free and harmless from liabilities of whatever kind and nature arising out
of any legal claims which may be filed by third persons involving the Property.
B. DEPOSIT/DOWNPAYMENT AND DOCUMENTATIONB.1 The Deposit is intended merely as a deposit and not as earnest money. In case the Offer is approved, the Depositshall be applied as partial payment for the Purchase Price. If the Offer is rejected or disapproved, or if I/wefail to give our Conformity to the PNB Counter-offer in accordance with paragraph A.1.2, the Deposit shallbe refunded to me/us without interest.
B.2 For Cash Sales:
B.2.1 The balance of the approved Purchase Price shall be paid within thirty (30) days from my/ourreceipt of the Notice of Approval. In case of our conformity to the PNB Counter-offer, I/we shallpay the approved Purchase Price within thirty (30) days from my/our receipt of the PNB Notice ofApproval.B.2.2 The Deed of Absolute Sale, in form and substance acceptable to PNB, shall be executed by me/usupon receipt of notice from PNB.
B.3 For Installment Sales:
B.3.1 I/We shall pay a down-payment equivalent to TEN percent (10%) of the approved Purchase Pricewithin seven (7) days from my/our receipt of Notice of Approval. In case of our conformity to thePNB Counter-offer, I/we shall pay the down-payment within seven (7) days from my/our receipt ofthe PNB Counter-offer. The Deposit paid upon submission of this Offer shall form part of therequired down-payment.
B.3.2 The balance of the approved Purchase Price shall be paid in ◻ monthly/ ◻ quarterly/ ◻ semi annuallyinstallments, with fixed interest rate per annum as set by the Bank and agreed to by me/us.B.3.3 The Contract to Sell, in form and substance acceptable to PNB, shall be executed from PNB’sreceipt of the full down-payment in cleared funds or notice from PNB, as the case may be.
B.3.4 I/We shall open a deposit account (the “Deposit Account”) with PNB where payment of theinstallments will be debited or issue postdated checks for the periodic amortization. In case of anautomatic debit arrangement, I/we shall authorize PNB to debit the Deposit Account to pay theamortizations and other obligations due to PNB.
C. TAXES/EXPENSES AND TRANSFER OF TITLE/OWNERSHIP
C.1 I/We shall assume payment of realty taxes, assessments and other charges that the Republic of the Philippines orany of its agencies or instrumentalities may impose on the Property, including association dues/utilities,insurance premiums on a pro-rata basis upon execution of Contract to Sell / Deed of Absolute Sale,except as may be otherwise agreed upon in writing. I/We shall submit to PNB copies of official receiptsevidencing such payments.
C.2 PNB shall shoulder the creditable withholding tax only up to the extent of the selling price. If the zonal/fair marketvalue is higher than the selling price or increased to a level higher than the selling price during the term ofthe installment sale, the resulting additional tax (based on the higher zonal/fair market value or sellingprice) shall be borne and paid for by me/us.
C.3 I/We shall defray all other taxes, fees and expenses to be incurred in connection with the execution of the Deedof Absolute Sale, Contract to Sell or any other instruments or documents to be executed to give effect tothe sale of the Property, including, but not limited to, creditable withholding tax/capital gains tax over andabove the Purchase Price, transfer tax, documentary stamp tax, notarial and registration fees, etc.Likewise, I/we shall be responsible for the transfer/registration of the title in my/our name.
C.4 Not withstanding C.1 hereof, I/We shall immediately reimburse PNB, with or without demand, the fees andexpenses such as, but not limited to, real property tax, insurance premiums, other fees and dues, paid orincurred by the Bank after the execution of Deed of Absolute Sale / Contract to Sell.
D. FORFEITURE OF PAYMENTS (DEPOSIT/DOWNPAYMENT)
D.1 In the event of my/our withdrawal/cancellation of my/our Offer after NOA has been served, or in case offailure on my/our part to pay the amounts provided in B.2.1 or B.3.1 above, as the case may be, within thespecified period, or to sign/execute the Deed of Absolute/Contract to Sell under B.2.2/B.3.3 above withinthe specified period, the Deposit/Downpayment shall be forfeited in favor of PNB as penalty and the Offershall be deemed automatically cancelled without need of further notice. Thereafter, PNB shall be free tosell the Property to other interested parties.
D.2 I/We agree to provide PNB copies of the required BIR forms that will indicate payment of DocumentaryStamp Tax, Creditable Withholding Tax (if any) and transfer fees and copies of the Certificate AuthorizingRegistration or ONETT (BIR Computation Sheet). Release of the subject property’s TCT/CCT or otherevidence of ownership to me/us shall be done by PNB upon submission of these documents.We have read the terms and conditions stated herein and we fully understand and agree with them.We understand that if the required documents are incomplete, this purchase proposal will be considered invalidand PNB is not under any circumstance required to act on the proposal.
A.1.1 In case the Offer is approved in accordance herewith, a Notice of Approval (the “NOA”) signed byPNB’s duly authorized officer, shall be sent to me/us thru courier or registered mail. It is agreedand understood that receipt by PNB of the courier/registered mail proof of delivery sent/deliveredto my/our mailing address specified in this proposal constitutes delivery to me/us of the NOA.
A.1.2 In the event PNB proposes changes in the terms and conditions of the Offer (the “PNB Counteroffer”), I/we shall submit to PNB my/our written conformity (the “Conformity”) to the PNB Counteroffer not later than seven (7) days from receipt thereof. Should PNB fail to receive the Conformitywithin the said seven (7) – day period, my/our offer shall be deemed withdrawn and PNB’sCounter-offer shall be deemed automatically cancelled, without need of notice, and PNB shall befree to sell the Property to other interested parties.
A.2 I/We hereby acknowledge that the sale of the Property is on an “AS IS, WHERE IS” basis. As such, I/weunderstand that PNB is only selling whatever rights, interests and participation it has on the Property andI/we fully acknowledge the nature and extent of said rights, interests and participation. I/We also representthat I/we have investigated, inspected and ascertained said rights, title or interest of PNB over theProperties as well as the physical or legal condition and status of the Property and found them acceptable.Moreover, I/we have not relied on any representation by PNB with respect to the Property in making thisOffer. I/We hereby agree that PNB is not in any way responsible and accountable for any development inthe area where the Property is located.
A.3 I/We shall be responsible for ejecting all occupants, if any, on the Property at my/our expense.
A.4 I/We hereby agree and undertake, at my/our own cost and expense, to cause the cancellation of allencumbrances or liens annotated on the title covering the Property, if any, and to insure the insurableimprovements thereon, the covering policy of which shall be endorsed in favor of the Bank.
A.5 I/We hereby agree to execute a Deed of Acknowledgment that the title to the Property has not been transferred inthe name of the Bank (in case the title and/or Tax Declaration have not been consolidated in PNB’sname).
A.6 I/We agree to indemnify and to hold PNB free and harmless from liabilities of whatever kind and nature arising out
of any legal claims which may be filed by third persons involving the Property.
B. DEPOSIT/DOWNPAYMENT AND DOCUMENTATIONB.1 The Deposit is intended merely as a deposit and not as earnest money. In case the Offer is approved, the Depositshall be applied as partial payment for the Purchase Price. If the Offer is rejected or disapproved, or if I/wefail to give our Conformity to the PNB Counter-offer in accordance with paragraph A.1.2, the Deposit shallbe refunded to me/us without interest.
B.2 For Cash Sales:
B.2.1 The balance of the approved Purchase Price shall be paid within thirty (30) days from my/ourreceipt of the Notice of Approval. In case of our conformity to the PNB Counter-offer, I/we shallpay the approved Purchase Price within thirty (30) days from my/our receipt of the PNB Notice ofApproval.B.2.2 The Deed of Absolute Sale, in form and substance acceptable to PNB, shall be executed by me/usupon receipt of notice from PNB.
B.3 For Installment Sales:
B.3.1 I/We shall pay a down-payment equivalent to TEN percent (10%) of the approved Purchase Pricewithin seven (7) days from my/our receipt of Notice of Approval. In case of our conformity to thePNB Counter-offer, I/we shall pay the down-payment within seven (7) days from my/our receipt ofthe PNB Counter-offer. The Deposit paid upon submission of this Offer shall form part of therequired down-payment.
B.3.2 The balance of the approved Purchase Price shall be paid in ◻ monthly/ ◻ quarterly/ ◻ semi annuallyinstallments, with fixed interest rate per annum as set by the Bank and agreed to by me/us.B.3.3 The Contract to Sell, in form and substance acceptable to PNB, shall be executed from PNB’sreceipt of the full down-payment in cleared funds or notice from PNB, as the case may be.
B.3.4 I/We shall open a deposit account (the “Deposit Account”) with PNB where payment of theinstallments will be debited or issue postdated checks for the periodic amortization. In case of anautomatic debit arrangement, I/we shall authorize PNB to debit the Deposit Account to pay theamortizations and other obligations due to PNB.
C. TAXES/EXPENSES AND TRANSFER OF TITLE/OWNERSHIP
C.1 I/We shall assume payment of realty taxes, assessments and other charges that the Republic of the Philippines orany of its agencies or instrumentalities may impose on the Property, including association dues/utilities,insurance premiums on a pro-rata basis upon execution of Contract to Sell / Deed of Absolute Sale,except as may be otherwise agreed upon in writing. I/We shall submit to PNB copies of official receiptsevidencing such payments.
C.2 PNB shall shoulder the creditable withholding tax only up to the extent of the selling price. If the zonal/fair marketvalue is higher than the selling price or increased to a level higher than the selling price during the term ofthe installment sale, the resulting additional tax (based on the higher zonal/fair market value or sellingprice) shall be borne and paid for by me/us.
C.3 I/We shall defray all other taxes, fees and expenses to be incurred in connection with the execution of the Deedof Absolute Sale, Contract to Sell or any other instruments or documents to be executed to give effect tothe sale of the Property, including, but not limited to, creditable withholding tax/capital gains tax over andabove the Purchase Price, transfer tax, documentary stamp tax, notarial and registration fees, etc.Likewise, I/we shall be responsible for the transfer/registration of the title in my/our name.
C.4 Not withstanding C.1 hereof, I/We shall immediately reimburse PNB, with or without demand, the fees andexpenses such as, but not limited to, real property tax, insurance premiums, other fees and dues, paid orincurred by the Bank after the execution of Deed of Absolute Sale / Contract to Sell.
D. FORFEITURE OF PAYMENTS (DEPOSIT/DOWNPAYMENT)
D.1 In the event of my/our withdrawal/cancellation of my/our Offer after NOA has been served, or in case offailure on my/our part to pay the amounts provided in B.2.1 or B.3.1 above, as the case may be, within thespecified period, or to sign/execute the Deed of Absolute/Contract to Sell under B.2.2/B.3.3 above withinthe specified period, the Deposit/Downpayment shall be forfeited in favor of PNB as penalty and the Offershall be deemed automatically cancelled without need of further notice. Thereafter, PNB shall be free tosell the Property to other interested parties.
D.2 I/We agree to provide PNB copies of the required BIR forms that will indicate payment of DocumentaryStamp Tax, Creditable Withholding Tax (if any) and transfer fees and copies of the Certificate AuthorizingRegistration or ONETT (BIR Computation Sheet). Release of the subject property’s TCT/CCT or otherevidence of ownership to me/us shall be done by PNB upon submission of these documents.We have read the terms and conditions stated herein and we fully understand and agree with them.We understand that if the required documents are incomplete, this purchase proposal will be considered invalidand PNB is not under any circumstance required to act on the proposal.
Required documents to support our proposal
Required documents to support our proposal
For Individual Buyers:Duly accomplished Buyer’sInformation SheetLatest Income Tax Return (ITR)/Certificate of Employment /Certificate of DepositSpecial Power of Attorney (onlyif applicableIdentification (ID) Cards / Passport
For Corporate/Juridical Buyers:Duly accomplished Buyer’s Information SheetBoard Resolution / Corporate Secretary’s Certificate authorizing thecompany’s representative to negotiate with the Bank and sign all documentsinvolved in the transaction.Articles of IncorporationSEC Registration & General Info Sheet (GIS)Company ProfileLatest Audited Financial Statements/Latest Income Tax Return(ITR) Identification (ID) Cards / Passport of the authorizedrepresentative
For Corporate/Juridical Buyers:Duly accomplished Buyer’s Information SheetBoard Resolution / Corporate Secretary’s Certificate authorizing thecompany’s representative to negotiate with the Bank and sign all documentsinvolved in the transaction.Articles of IncorporationSEC Registration & General Info Sheet (GIS)Company ProfileLatest Audited Financial Statements/Latest Income Tax Return(ITR) Identification (ID) Cards / Passport of the authorizedrepresentative