DEED OF ABSOLUTE SALE
KNOW ALL MEN BY THESE PRESENTS:
This DEED is made and entered into by and between: (insert full and complete name), of legal age, Filipino, married to (insert full and complete name, if married) , and a resident of #Street, Subdivision, xxx District, xxxx City, hereinafter referred to as the VENDOR ;
---and--(insert full and complete name), of legal age, Filipino, married to (insert full and complete name, if married) , and a resident of #Street, Subdivision, xxx District, xxxx City, hereinafter referred to as the VENDEE;
WITNESSETH:
WHEREAS, the VENDOR is the absolute owner in fee simple of that certain real property, a parcel of land situated in the (exact location of the land to be sold) , Philippines covered by Transfer Certificate Title No. (insert TCT) issued by the Registry of Deeds for the Province (or City) of (insert province or city ), and which is more particularly described as follows:
Transfer Certificate of Title No. (insert TCT) Lot (insert lot number
A parcel of land (insert lot number , being a portion of Lot (insert lot number , situated in the (exact location of the land to be sold) …containing an area of (indicate area in words) (are in number) SQUARE METERS (OR HECTARES) HECTARES ), more or less.
WHEREAS, the VENDEE has offered offered to buy and the VENDOR has agreed to sell the above-described property for the price and under the terms and conditions set forth herein below; NOW THE THEREF REFORE ORE,, for for and and in cons consid ider erat atio ion n of the the prem premis ises es,, and and more more specifically of the sum of ONE HUNDRED FIFTY THOUSAND PESOS , Philippine Currency, the receipt whereof is hereby acknowledged from the VENDEE to the entire satisfaction of the VENDOR, the said VENDOR does hereby sell, transfer and convey in a manner absolute and irrevocable, in favor of the VENDEE, his heirs and assigns, the land above-described;
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That the VENDOR does hereby covenant and agree with VENDEE that the abovedescribed property is free from all liens and encumbrances, that she has a perfect right to convey the same, and that she will warrant and forever defend the same unto the said VENDEE, his heirs and assigns, against the lawful claims of all persons whomsoever; That the VENDEE agrees to shoulder the expenses for the consolidation of the title, capital gains tax, documentary stamps tax, transfer fees, notarial fees, and all other fees or expenses incidental to the transfer of the title of the above-described property while the VENDOR agrees to shoulder the expenses for accrued and current real estate taxes. IN WITNESS WHEREOF , the parties have hereunto set their hands this August 1, 2010, at (City where the sales is made ), Philippines.
(insert full and complete name) VENDOR TIN No. _________
(insert full and complete name) VENDEE TIN No. _________
With marital consent of:
(insert full and complete name) Husband (wife) TIN No. ____________
SIGNED IN THE PRESENCE OF: ______________________________
&
______________________________
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ACKNOWLEDGEMENT
Republic of the Philippines) In the City of ___________ )S.S. x-----------------------------/
Notary ry Publ Public ic for for and in the the city city of _____ _______ _____ _____ _____ _____ ___, _, BEFORE BEFORE ME, A Nota Philippines, this ____ day of August ___ 2010 personally came and appeared the following persons with their respective Community Tax Certificates and competent valid documents, to wit:
Name
Competent ID/ Documents
Date/Place Issued
all known to me and to me known to be the same persons who executed the foregoing instrument, a Deed of Absolute Sale involving one (1) parcel of land, consisting of three (3) pages, including this page on which this acknowledgement is written, signed, by them and their witnesses and sealed with my notarial seal, and they acknowledged that the same is their own free act and voluntary deed and of the person represented. WITNESS MY HAND AND SEAL on the date and place first above written.
