DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale is made and entered into at ______ City, on this
_____________of __________, 20__, between:

________ , Filipino citizen, of legal age, married, and with postal address
at ____________________ (hereinafter referred to as SELLER/VENDOR;

-AND

______________, Filipino citizen, of legal age, single, and with postal

address
at
______________
(hereinafter
referred
to
as
the
BUYER/VENDEE).
WITNESSETH that:
WHEREAS, the SELLER is the owner of a parcel of land with improvements,
consisting of SIXTY-FOUR SQUARE METERS (64 m), more or less, located at
______________________ and covered by Transfer Certificate of Title No.
________________ issued by the Registry of Deeds of Quezon City, more
particularly described as follows:
Transfer Certificate of Title No. _______
--A PARCEL OF LAND ______________________________.

WHEREAS, the BUYER has offered to buy and the SELLER has
agreed to sell the property subject to the terms and conditions set forth
below:

1. The total consideration shall be ___________ Philippine

Currency, (PHP _________) payable as follows:
a. An amount of ___________ shall be paid by the
BUYER on 10 March 2015 as EARNEST MONEY, the
Earnest M0ney Receipt Agreement is attached hereto
and marked as Annex A.
b. The balance of ________________shall be paid by
the BUYER on or before _________.

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c. The earnest money shall be forfeited in favor of the

SELLER upon failure of the BUYER to pay the balance
within the period above-stated.
2. The capital gains tax, realty taxes, and utility bills if any up to the
actual turnover of the property to the BUYER shall be for the
account of and to be paid by the SELLER. Documentary stamps
tax, transfer tax, registration fee and all other fees related to the
transfer of the TCT and Tax Declarations shall be for the account of
the BUYER.

3. Possession to the subject property shall be delivered by the

SELLER/VENDOR to the BUYER/VENDEE upon full
payment of the total consideration;
4. This Deed of Absolute Sale shall inure to the benefit of and shall be
binding upon the parties hereto and their respective heirs,
executors, successors, administrators, and assigns of both parties.
IN WITNESS WHEREOF, the parties hereto have set their hands at
Quezon City, Philippines, this _____ day of _____________ 20__.

SELLER:

__________________
TIN ___________

BUYER:
______________________
TIN ___________

SIGNED IN THE PRESENCE OF:

____________________________ ___________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

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________________________ )S.S.

BEFORE ME, a Notary Public, this ______________

__________________, personally appeared the following:

NAME

PASSPORT NO.

day

of

ISSUE DATE PLACE OF ISSUE

Known to me and by me known to be the same person s who executed the

foregoing instrument and they acknowledged to me that the same is their free and
voluntary act and deed.
This instrument consists of ______ ( ) pages including this page wherein
the acknowledgment is written signed by the parties and their instrumental
witnesses.

NOTARY PUBLIC
Doc. No.
Page No.
Book No.
Series of _____.

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