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    Contract To Sell

    Uploaded by

    Christine Castro
    This contract outlines the sale of property from Mrs. Adelaida E. Adriano to Mrs. Melinda C. Cayetano. The seller agrees to sell and the buyer agrees to buy a parcel of land for 240,000 Philippine pesos, to be paid in installments. Possession of the property has already been transferred. Upon full payment, the seller will execute a deed of absolute sale and related documents to fully transfer ownership.

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    Attribution Non-Commercial (BY-NC)
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    Contract To Sell

    Uploaded by

    Christine Castro
    2K views2 pages
    This contract outlines the sale of property from Mrs. Adelaida E. Adriano to Mrs. Melinda C. Cayetano. The seller agrees to sell and the buyer agrees to buy a parcel of land for 240,000 Philippine pesos, to be paid in installments. Possession of the property has already been transferred. Upon full payment, the seller will execute a deed of absolute sale and related documents to fully transfer ownership.

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    sample contract to sell

    Original Title

    Contract to Sell

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    This contract outlines the sale of property from Mrs. Adelaida E. Adriano to Mrs. Melinda C. Cayetano. The seller agrees to sell and the buyer agrees to buy a parcel of land for 240,000 Philippine pesos, to be paid in installments. Possession of the property has already been transferred. Upon full payment, the seller will execute a deed of absolute sale and related documents to fully transfer ownership.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    2K views2 pages

    Contract To Sell

    Uploaded by

    Christine Castro
    This contract outlines the sale of property from Mrs. Adelaida E. Adriano to Mrs. Melinda C. Cayetano. The seller agrees to sell and the buyer agrees to buy a parcel of land for 240,000 Philippine pesos, to be paid in installments. Possession of the property has already been transferred. Upon full payment, the seller will execute a deed of absolute sale and related documents to fully transfer ownership.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CONTRACT TO SELL

    KNOW ALL MEN BY THESE PRESENTS: This CONTRACT TO SELL, made and executed this 8th day of November, 2012 by and between: MRS. ADELAIDA E. ADRIANO, of legal age, married to _________________________________, Filipino, and with residence and postal address at _______________________________________________________________________, hereinafter referred to as the "SELLER/VENDOR"; -ANDMRS. MELINDA C. CAYETANO, Filipino and with residence and postal address at Buhol na Mangga, San Ildefonso, Bulacan hereinafter referred to as the "BUYER/VENDEE". WITNESSETH; WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of land consisting of ___________________________________________________________ (_____) square meters, more or less, located at ____________________________________________________ and covered by Transfer Certificate of Title No. ______________ issued by the Registry of Deeds of __________________________________________; WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /VENDOR has agreed to sell the above mentioned property under the terms and conditions herein below set forth; NOW THEREFORE, for and in consideration of the total sum of Two Hundred Forty Thousand (Php: 240,000.00) Philippine Currency, and of the covenants herein after set forth the SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the aforesaid property subject to the following terms and conditions: 1. The total consideration shall be Two Hundred Forty Thousand (Php: 240,000.00) PESOS, Philippine Currency, paid and payable as follows: a) The amount of ONE HUNDRED SIXTY THOUSAND (Php: 160,000.00) PESOS, representing advance payment has been paid by the BUYER/VENDEE to the SELLER/VENDOR even before signing of this Contract to Sell; b) The remaining balance in the amount of EIGHTY THOUSAND (Php: 80,000.00) PESOS, shall be paid in FOUR (4) EQUAL MONTHLY INSTALLMENT [TWENTY THOUSAND PESOS (Php: 20,000.00) per month] from DECEMBER 2012 upto MARCH 2013 THRU POST-DATED CHECK (PDC). 2. Capital Gains Tax and Real Estate Tax, shall be for the account of the SELLER/VENDOR;

    3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other miscellaneous fees and expenses shall be to the account of theBUYER/VENDEE; 4. Possession to the subject property is already delivered by the SELLER/VENDOR to the BUYER/VENDEE ever since the latter had started giving partial payment as part of the advance payment; 5. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute a DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall likewise execute and/or deliver any and all documents, including but not limited to the original copy of Transfer Certificate of Title, Tax Declaration and all other documents necessary for the transfer of ownership from SELLER/VENDOR to the BUYER/VENDEE.

    IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this 8th day of November, 2012 at Buhol na Mangga, San Ildefonso, Bulacan, Philippines.

    (MRS. ADELAIDA E. ADRIANO) Name WITH MARITAL CONSENT: ________________________ Name of Seller/Vendor's Spouse

    (MRS. MELINDA C. CAYETANO) Name

    MR. ROLANDO S. CAYETANO Name of Buyer/Vendee's Spouse

    SIGNED IN THE PRESENCE OF: __________________________ ____________________________

    ACKNOWLEDGMENT REPUBLIC OF THE PHILIPPINES SAN ILDEFONSO, BULACAN ) ) SS.

    BEFORE ME, a Notary Public, this ____________day of ________________, personally appeared the following: Name MRS. ADELAIDA E. ADRIANO MRS. MELINDA C. CAYETANO Identification _________________ _________________ Date/Place Issued _______________________________ ________________________________

    This instrument, consisting of TWO (2) page/s, including the page on which this acknowledgment is written, has been signed on the left margin of each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial seal. IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above written.

    Notary Public

    Doc. No. ........; Page No. .......; Book No. .......; Series of 2012.

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