Pag-IBIG Fund

Corporate Headquarters
Petron MegaPlaza
358 Sen. Gil Puyat Avenue, Makati City

MEMORANDUM

TO ALL CONCERNED

FROM THE CHIEF EXECUTIVE OFFICER

SUBJECT : PROFORMA DEED OF ABSOLUTE SALE (DOAS, HQP-AAF-146)

FOR ROPA ACCOUNTS WITH CTS DOCUMENTATION

For standard and uniform implementation, the proforma Deed of Absolute Sale
(DOAS, HQP-AAF-146) is hereby issued.

The said document shall be used in converting ROPA accounts covered by

Contract-to-Sell (CTS) to Real Estate Mortgage (REM) and shall be executed between
the buyer of acquired asset and the Pag-IBIG Fund.

This document shall be used effective __ A_U_G_2_5_2_01_5 _

Please be guided accordingly.

~~~
ATTY. DARLENE MARIE B. BERBERABE

Makati City,

AUG Z 5 2Gi5
 HQP-AAF-146

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

That this Deed of Absolute Sale made and executed by and between:

Pag-IBIG FUND, a government financial institution organized and

existing under and by virtue of Republic Act No. 9679, with principal
office at the Petron MegaPlaza, 358 Sen. Gil Puyat Avenue, Makati
City, represented in this Act by its _
hereinafter referred to as the
SELLER.

and -

hereinafter referred to as the BUYER/S.

WITNESSETH:

WHEREAS, the SELLER is the absolute owner of certain acquired asset/s

consisting of parcel/s of land/condominium unit/sf house and lot unit/s
constructed thereon located at _

covered and embraced under CondominiumlTransfer Certificate/s of Title No/s.

of
the Registry of Deeds of and more particularly
described and bounded as follows:

TECHNICAL DESCRIPTION

WHEREAS, the SELLER has offered to sell on "as is where is" basis the
above-described property/ies to the BUYER/5, which offer the buyer has
accepted.

NOW, THEREFORE, for and in consideration of the sum of

PESOS (P ), Philippine Currency, the SELLER hereby

sells, transfers and conveys, in a manner absolute and irrevocable, to and in
favor of the BUYER/S, his/its successors and assigns, the (parcells of landl
house and lot uniUs/condominium uniUs) herein above-described free from any
and all liens and encumbrances.
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 The BUYER understands that the SELLER is not responsible for the
construction of the unit and development of the subdivision/condominium project.
The BUYER holds SELLER free and harmless from any and all liabilities arising
from any loss, damage or injury occasioned by any flaw or deficiency in the
construction and/or design of the housing unit and development of the
subdivision/condominium project, defects on the ground, and by the use of
substandard materials. The BUYER further agrees to pursue all remedies under
this section exclusively against the developer, contractor and architect pursuant
to Article 1723 of the New Civil Code.

All expenses for the registration of this Deed of Absolute Sale, including
the payment of documentary stamp tax and other expenses incidental to the
transfer of title to the BUYERls shall be borne by the BUYER/s.

IN WITNESS WHEREOF, the PARTIES have signed these presents this

______ day of at _

Pag-IBIG FUND
(Seller) (Buyer)

By: By:

TIN: TIN:
_______ No. _ _______ No. _
Date of Issue _ Date of Issue _
Expiry Date Expiry Date _

(V01,0812015)
 SIGNED IN THE PRESENCE OF:

ACKNOWLEDG MENT

REPUBLIC OF THE PHILIPPINES)

___________ ) S.S.

BEFORE ME, A Notary Public for and in the

__________________ , this day of
_______ , 20 , personally appeared the above named-persons,
who have satisfactorily proven to me their identity through their identifying
documents written below their names and signatures, that they are the same
persons who executed and voluntarily signed the foregoing Deed of Absolute
Sale which they acknowledged before me as their free and voluntary act and
deed. Further, persons acting in representative capacity declare that he/she has
been given authority to sign in said capacity.

The foregoing instrument relates to a Deed of Absolute Sale consisting of

____ ( ) pages including this page of acknowledgment, signed by the
parties and their instrumental witnesses on all pages thereof, in my presence,
and sealed with my Notarial Seal.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No.
Page Bo.
Book No. _
Series of

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