KNOW ALL MEN BY THESE PRESENTS: This conditional deed of sale entered into this ___ day of ____ 2016, in the City of _____________________, by and between: _______________ , marrie married d to _______ __________ ______ ____, _, both both of legal legal age, age, Filipi Filipino, no, and resident of _________ VENDOR. VENDOR. ________ , married to _________ , both oth of legal egal age, age, Fil Filipin ipino, o, and and resid esiden entt ___________________, hereinafter referred to as VENDEE. VENDEE.
That, That, the the VENDOR do VENDOR do hereby sell, coney, and transfer in a manner absol!te and irreo irreocab cable le !nto !nto said said VENDEE, VENDEE, his heirs and assigns, for and in consideration of __________(P) Philippine C!!en"#, C!!en"# , the property, property, incl!ding improements improements therein, sit!ated in ____________, and more partic!larly p artic!larly described as follows:
T!$n%&e! T!$n%&e! Ce!'i&i"$'e & Ti'le N
containing an area of () S*$!e Me'e!%, Me'e!%, more or less " " ".
That That the the #$%&' #$%&'( ( hereb hereby y sell sells s to the the #$%& #$%&$$ $$ who who agre agreed ed to b!y the abo aboe) e) described lands !nder the following terms and conditions to wit: That the total consideration of the sale is ONE MILLION EI+HT H,NDRED THO,SAND PESOS ( P-./00.000)1 2. That !pon signing of this contract the #$%&$$ shall pay the #$%&'( a down downpa pay yment ment of SEVEN SEVEN H,NDRED H,NDRED THO,SA THO,SAND ND PESOS PESOS (P200. (P200.000 000))* that that the the remaining balance shall be paid in f!ll !pon transfer of the title and ta" declaration in the name of the #$%&$$* That the #$%&'( shall gie the #$%&$$ absol!te and complete control and possession of the s!b+ect property thereon !pon the receipt first payment* 3.
. That the #$%&'(, reseres his right of ownership oer the s!b+ect land !ntil f!ll payment of the consideration* F!rther, that in the eent that the #$%&'( sho!ld fail or deliberately ref!se to comply with his obligation, the #$%&$$ shall be reimb!rsed of the amo!nt of the p!rchase price paid, cost of improements as well as beneficial interests and other damages that the #$%&$$ may s!ffer* 5.
-nd Finally, Finally, #$%&$$ shall pay for the capital gains ta", doc!mentary stamp ta", cost registration. 6.
% /T%$ /$($'F, hae here!nto set my hand this ____th day of ____201, at 3hilippines.
ACKNOWLED+MENT (ep!blic of the 3hilippines4 _______________________4 .. 5$F'($ $, this ___th day of___ 201 in the City of, personally appeared name., and name, whose comm!nity ta" certificate nos. ______ and T% described below thier names, respectiely, 7nown to me and to me 7nown to be the same persons who e"ec!ted the foregoing Conditional &eed of ale, and he ac7nowledge to me that the same is his free act and deed.
This doc!ment consisting of three 894 pages, incl!ding the page on which this ac7nowledgement is written, has been signed on the left margin of each and eery page thereof by the parties and thier witnesses and sealed with my notaries seal. % /T%$ /$($'F, hae here!nto set may hand the day, year and place aboe written.