DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale is made and entered into this ______ day of ____________
2018, by and between:

AAA of legal age, Filipino married to BBB, and ________________Tondo,

Manila, hereinafter referred to as the “SELLER”;

-and-

ABC ,a corporation duly organized and existing under the laws of Republic of the
Philippines, with principal office address at ________________________herein
represented by its Executive Representative Officer, CCC virtue of the Special
Power of Attorney hereto attached as Annex “A” , hereinafter referred as
“BUYER”.

WITNESSETH: That

WHEREAS, the SELLER is the registered owner of a Condominium Unit, described

Metro Manila, Philippines and covered by Condominium Certificate of Title No.00000,
containing the area of TWENTY-FIVE SQUARE METERS AND TEN DECIMETERS (25.10),
with an open area of ONE METER AND FORTY-THREE DECIMETERS (1.43): a total of
26.53 SQUARE METERS, more or less, more particularly described as follows:

CONDOMINIUM CERTIFICATE
OF TITLE NO. 0000

"A Condominium Unit covering an area of 25.10 sq.m. with

an open area of 1.43 sq.m. : a total of 26.53 sq.m. more or less
situated in Unit No. 000 located on the _____________of the
_______________

WHEREAS, the SELLER wishes to sell and the BUYER has agreed to purchase the
above-described condominium unit for the amount of FIVE Million Nine Hundred Eighty
Nine Thousand Seven Hundred Fifty Pesos (P 5,989,750.00) Philippine Currency;

WHEREAS, the SELLER acknowledges that the afore-described property has an

existing Real Estate Mortgage with ABCD (ABCD) which she undertakes to fully pay in ten (10)
days from the execution of the foregoing Deed of Absolute Sale;

WHEREAS, if the SELLER fails to fully pay her loan with ABC in ten days from the
signing of this Deed of Absolute Sale, which as of November 3, 2018 stands at
Php_________________ , the SELLER authorizes CCC Corporation to fully pay said
obligation and to RELEASE and RECEIVE the original owner’s duplicate copy of CCT No.
000 as the BUYER of said property. Attached as Annex “B” is the Special Power of Attorney of
the SELLER authorizing CCC to effect the full payment of the loan and to receive the original
owner’s duplicate copy of CCT No. 000 as the lawful buyer of the property;

WHEREAS, Parties agreed that the entire Purchase Price of the above Condominium
Unit shall be paid directly to DDD Inc., ., represented by EEE, with office address at _______
Philippines.
 NOW, THEREFORE, for and in consideration of the sum of FIVE MILLION NINE
HUNDRED EIGHTY-NINE THOUSAND SEVEN HUNDRED FIFTY PESOS
(Php5,989,750.00) Philippine Currency, in hand paid by the BUYER to the SELLER, the
SELLER do hereby SELL, TRANSFER, and CONVEY, by way of Absolute Sale, unto the said
BUYER, his heirs and assigns, the certain condominium together with all the improvements
found thereon, free from all liens and encumbrances of whatever nature including real estate
taxes as of the date of this sale, except the existing loan with ABCD mentioned in the third
WHEREAS Clause.

The CAPITAL GAINS TAX, TRANSFER TAX and REGISTRATION FEES shall all
be for the account of the SELLER.

AAA
Seller

With my marital consent

BBB
Seller

ABC Corp.
Buyer

By:

CCC
Attorney-in-Fact

SIGNED IN THE PRESENCE OF:

____________________________ __________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

MAKATI CITY ) S.S.

BEFORE ME, a Notary Public for and in the City of ___________________, personally
appeared:
 Name Govt. Issued ID Issue Date

known to me and to me known to be the same persons who executed the foregoing instrument
consisting of three (3) pages including this page where the acknowledgment is written and
acknowledged to me that the same is their free act and voluntary deed and of the corporation
which CCC represents.

WITNESS MY HAND AND SEAL on this ___day of ________________ 20__ , in

__________________________________ .

Notary Public

Doc. No.____________;
Page No.____________;
Book No.____________;
Series of 2018.__.