Contract to Sell

CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL OF REAL PROPERTY is entered into and executed by and between:

{ }, of legal age, married and with address of { };

{ }, of legal age, married and with address of { };

{ }, of legal age, single and with address of { }; and,

{ } represented herein by { } and { } (by virtue of Authorization Letter attached herein as Annex “A” hereinafter referred to as the VENDORS/ TRANSFERORS;

-AND-

{ }, of legal age, Filipino, married and a resident of { }, Philippines hereinafter referred to as VENDEE/ TRANSFEREE.

WITNESSETH:

The VENDORS/ TRANFERORS are the surviving heirs of { } (who died last { } as evidenced by her death certificate (Annex “B”).

{ } is the absolute owner of the property as evidenced by the { } dated { } (Annex “C”). The parcel of land and its improvements is covered by TAX DECLARATION NO. { } (Annex “D”) more particularly described as follows:

TAX DECLARATION NO. { }

Owner: { }

Boundaries:

North: { }

East: { }

South: { }

West: { }

Area: more or less { } SQUARE METER ({ } sq. m.)

WHEREAS, the VENDORS desire to sell the property and VENDEE agrees and promises to buy the aforementioned property including the improvements therein

NOW THEREFORE, for and in consideration of the sum of { } PESOS (Php { }), Philippine currency as earnest money/ down payment, receipt of which is hereby acknowledged by the VENDORS, the VENDORS do hereby promise SELL, TRANSFER, and CONVEY the above stated parcel of land, unto VENDEE absolutely and free from all liens and or encumbrances.

The VENDORS hereby undertake to execute an Extra Judicial Settlement with Deed of Absolute Sale in favor of the VENDEE after the full payment of the remaining balance of { } Pesos ({ }.00) has been paid by the vendee.

IN WITNESS HEREOF, the parties have hereunto set their hands this { } in the City of Taguig.

{ }, Vendor

(Also for { } by virtue of Authorization Letter)

ID No. { }

Issued by: { }

{ }, Vendor

(Also for { } by virtue of Authorization Letter)

ID No. { }

Issued by: { }

{ }, Vendor

(Also for { } by virtue of Authorization Letter)

ID NO: { }

Issued by: { }

{ }, Vendee

ID No. { }

Issued by: { }

Signed in the presence of:

___________________________ ___________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF TAGUIG ) Sc

x---------------------------------------------x

BEFORE ME, appeared the above stated parties showing their Identification documents as stated below their names and known to me as the parties who executed this Contract to Sell and they acknowledged to me as their free and voluntary act and deed.

This document, consist of three pages including this page where this acknowledgement is written, with every page thereof duly signed by the parties including their instrumental witnesses, at the bottom or left margin thereof and seal with notarial seal, refers to a Contract to Sell of Real Property located in the City of Taguig.

Witness my hand and seal this day of { }, Taguig City, Philippines.

{ }

Document No. { }

Page No. { }

Book { }

Series of { }