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    Deed of Sale

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    Angelo Lopez
    This document is a deed of sale for a condominium unit. It identifies Miguel T. Caponong as the vendor and Angelo Miguel Lopez as the vendee. The vendor agrees to sell Unit 1103 of the AIC Burgundy Empire Tower condominium to the vendee for 5 million Philippine pesos. The vendor warrants that title to the unit is clear except for restrictions in the condominium documents. The vendee accepts the conditions in the condominium documents and agrees to pay taxes and fees associated with the registration and title transfer.

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    © All Rights Reserved
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    Deed of Sale

    Uploaded by

    Angelo Lopez
    1K views4 pages
    This document is a deed of sale for a condominium unit. It identifies Miguel T. Caponong as the vendor and Angelo Miguel Lopez as the vendee. The vendor agrees to sell Unit 1103 of the AIC Burgundy Empire Tower condominium to the vendee for 5 million Philippine pesos. The vendor warrants that title to the unit is clear except for restrictions in the condominium documents. The vendee accepts the conditions in the condominium documents and agrees to pay taxes and fees associated with the registration and title transfer.

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    Sample for condo

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    This document is a deed of sale for a condominium unit. It identifies Miguel T. Caponong as the vendor and Angelo Miguel Lopez as the vendee. The vendor agrees to sell Unit 1103 of the AIC Burgundy Empire Tower condominium to the vendee for 5 million Philippine pesos. The vendor warrants that title to the unit is clear except for restrictions in the condominium documents. The vendee accepts the conditions in the condominium documents and agrees to pay taxes and fees associated with the registration and title transfer.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    1K views4 pages

    Deed of Sale

    Uploaded by

    Angelo Lopez
    This document is a deed of sale for a condominium unit. It identifies Miguel T. Caponong as the vendor and Angelo Miguel Lopez as the vendee. The vendor agrees to sell Unit 1103 of the AIC Burgundy Empire Tower condominium to the vendee for 5 million Philippine pesos. The vendor warrants that title to the unit is clear except for restrictions in the condominium documents. The vendee accepts the conditions in the condominium documents and agrees to pay taxes and fees associated with the registration and title transfer.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 4

    DEED OF SALE OF CONDOMINIUM UNIT

    KNOW ALL MEN BY THESE PRESENTS:

    This DEED, made and executed this 28th Day of January, 2016, by:

    MIGUEL T. CAPONONG, single, Filipino, of legal age,


    with residence and postal address at 123, Sta. Ana, Manila,
    hereinafter referred to as the VENDOR,

    IN FAVOR OF:

    ANGELO MIGUEL LOPEZ, single, Filipino, of legal


    age, with residence and postal address at 1A Apricot St.,
    Cainta, Rizal, hereinafter referred to as the VENDEE,

    W I T N E S S E T H : THAT.

    WHEREAS, VENDOR is the legal and registered owner of AIC


    Burgundy Empire Tower Unit No. 1103 located Ortigas Avenue, Pasig,
    Philippines, containing a floor area of ONE HUNDRED EIGHT FIVE
    (185) SQUARE METERS, more or less, and one (1) assigned parking slots
    known as 68 Basement 6 covered by Condominium Certificate of Title
    No. 12345 of the Registry of Deeds of Pasig City, photocopy of which is
    hereto attached and made an integral part hereof as Annex “B”;

    WHEREAS, the AIC Burgundy Empire Tower Condominium


    Corporation was duly organized in accordance with law for purpose of
    holding title to all common areas of the AIC Burgundy Empire Tower
    Condominium, including the land, and is in charge of managing and
    administering the AIC Burgundy Empire Tower Condominium;

    WHEREAS, VENDEE offered to buy and the VENDOR agreed to


    sell the said condominium unit as well as any and all rights and interest
    appertaining thereto under the Master Deed with Declaration of
    Restriction (the “Master Deed”), as amended, the Articles of
    Incorporation and the By-Laws of the Condominium Corporation;

    NOW, THEREFORE, for and in consideration of the foregoing


    premises and subject to the terms and conditions herein set forth, the
    VENDEE buys and the VENDOR sells, transfers and conveys, by way of
    absolute sale, unto the VENDEE, her successors and assigns, the said
    condominium unit as well as any all rights and interest appertaining
    thereto under the Master Deed, as amended, the Articles of
    Incorporation and By-Laws of the Condominium Corporation.
    2

    1. The purchase price for the said condominium unit and one
    (1) assigned parking slots shall be FIVE MILLION PHILIPPINE PESOS
    (P 5,000,000.00), receipt of which in full is hereby acknowledged by the
    VENDOR.

    2. VENDOR warrants that the title to the said condominium


    unit is free and clear of any and all liens and encumbrances, except the
    restrictions contained in the Master Deed, as amended, as annotated and
    inscribed at the back of Condominium Certificate of Title No. 12345.

    3. VENDEE accepts and binds herself to all conditions and


    restrictions embodied in the Mater Deed, as amended, the Articles of
    Incorporation and By-Laws of the Condominium Corporation, and
    agrees to faithfully observe and comply with the House Rules and
    Regulations of the Condominium Corporation and any amendment or
    supplement thereto.

    4. The capital gains tax, documentary stamps tax, value-added


    tax (VAT), if any, broker’s commission, registration fee, legal and
    notarial fee and other incidental expenses in the registration of the sale
    and title transfer shall be for the account of the VENDEE.

    IN WITNESS WHEREOF, the parties hereto have hereunto set their


    hands on the date and at the place herein first above-written.
    3

    __________________________ ___________________________
    ANGELO MIGUEL LOPEZ By: MIGUEL T. CAPONONG

    Signed in the presence of :

    _______________________ _______________________
    ASTER BEANE ARANETA ALFONSO DE GUZMAN

    REPUBLIC OF THE PHILIPPINES )


    CITY OF MANILA ) S.S.
    4

    ACKNOWLEDGEMENT

    BEFORE ME, this 28TH day of January, 2016 personally appeared


    MIGUEL T. CAPONONG, with CTC NO. 6969696969 Issued at Quezon
    City, on December 15, 1996, known to me to be the same person who
    executed the foregoing instrument, and he acknowledged to me that the
    same is his free act and deed.

    WITNESS MY HAND AND SEAL, at the place and first above


    written.

    ATTY. KATHRINE T. TING


    Notary Public

    Doc No.69;
    Page No. 3;
    Book No. III;
    Series of 2016.

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