Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 2K views

    Conditional Donation

    Uploaded by

    inno Kal
    1) Erin Gabriel T. Santos conditionally donates a parcel of land located in Bacolod City to Frank T. Castle. 2) The donation of the property will take effect upon Erin's death, but if Frank dies first, the donation is rescinded. 3) Erin maintains rights to use and dispose of the property during their lifetime, and any remaining property after expenses for Erin's medical care can be received by Frank.

    Copyright:

    © All Rights Reserved

    Conditional Donation

    Uploaded by

    inno Kal
    2K views5 pages
    1) Erin Gabriel T. Santos conditionally donates a parcel of land located in Bacolod City to Frank T. Castle. 2) The donation of the property will take effect upon Erin's death, but if Frank dies first, the donation is rescinded. 3) Erin maintains rights to use and dispose of the property during their lifetime, and any remaining property after expenses for Erin's medical care can be received by Frank.

    Original Description:

    LEGAL FORMS

    Copyright

    © © All Rights Reserved

    Did you find this document useful?

    Is this content inappropriate?

    1) Erin Gabriel T. Santos conditionally donates a parcel of land located in Bacolod City to Frank T. Castle. 2) The donation of the property will take effect upon Erin's death, but if Frank dies first, the donation is rescinded. 3) Erin maintains rights to use and dispose of the property during their lifetime, and any remaining property after expenses for Erin's medical care can be received by Frank.

    Copyright:

    © All Rights Reserved
    2K views5 pages

    Conditional Donation

    Uploaded by

    inno Kal
    1) Erin Gabriel T. Santos conditionally donates a parcel of land located in Bacolod City to Frank T. Castle. 2) The donation of the property will take effect upon Erin's death, but if Frank dies first, the donation is rescinded. 3) Erin maintains rights to use and dispose of the property during their lifetime, and any remaining property after expenses for Erin's medical care can be received by Frank.

    Copyright:

    © All Rights Reserved
    of 5

    DEED OF CONDITIONAL DONATION

    KNOW ALL MEN BY THESE PRESENTS:

    This DEED OF CONDITIONAL DONATION, made and executed


    by ERIN GABRIEL T. SANTOS, of legal age, single, and resident of Brgy.
    Taculing, City of Bacolod, Negros Occidental, Philippines, hereinafter
    called the DONOR in favor of FRANK T. CASTLE, of legal age, Filipino,
    single, and a resident of Brgy. Taculing, City of Bacolod, Negros
    Occidental, Philippines, hereinafter called the DONEE,

    WITNESSETH:

    That the DONOR is the owner in fee simple of that certain


    real property with the buildings and improvements thereon,
    situated in Bacolod City, Negros Occidental, and more
    particularly described in Transfer Certificate of Title No.
    4331894, as follows, to wit:

    Transfer Certificate of Title No. 4331894

    “A parcel of land, lot no. 05, in the name of Erin


    Gabriel Santos, situated in Riyal St., Brgy. Taculing,
    Thass II Subd., City of Bacolod, Negros Occidental,
    Island of Visayas. Bounded on the NE., points 2 to 5 by
    Subdivision road (10.00 m. wide); on the SW., points 5
    to 1 by Lo 4, of the Subdivision Plan; and on the NW.,
    points 1 to 2 by Lot 3, Block 4; containing an area of
    FORTY THOUSAND SQUARE METERS (40,000 Sq.m.),
    more or less.”

    That for and in consideration of the love and affection


    which the DONOR has for the DONEE, the said DONOR by
    these presents transfer and conveys, by way of CONDITIONAL
    DONATION, unto the said DONEE, his heirs and assigns, the
    above-described real property with all the buildings and
    improvements thereon, to become effective upon the death of
    the DONOR, but in the event that the donee should die before
    the donor, the present donation shall be deemed rescinded
    and of no further force and effect.

    That the DONOR is making his donation in favor of the


    DONEE with the following conditions:

    1. That meantime I am still living, these properties donated are


    all yet at my disposal as well as the products therein derived,
    and whatever properties or property left undisposed of me
    during my lifetime will be the ones to be received by the donee
    if any;

    2. That in case of my illness, I have still the perfect right to


    dispose said properties if necessary to finance all the expenses
    to be incurred for my sustenance and medical treatment, and
    whatever left, if any, of these properties will be the one to be
    received by the donee.

    That the DONEE does hereby accept this donation of the


    above-described real property, and does hereby express his
    gratitude for the kindness and liberty of the DONOR.

    IN WITNESS WHEREOF, the DONOR and the DONEE have


    hereunto signed this deed of donation, this 05th day of January,
    2019, in the City of Bacolod, Philippines.

    Erin Gabriel T. Santos Frank T. Castle


    (Donor) (Donee)

    Signed in the presence of:


    Otto Auden S. Kalz & Aubergine E. Egplant
    ACKNOWLEDGEMENT

    REPUBLIC OF THE PHILIPPINES )


    PROVINCE OF NEGROS OCCIDENTAL )
    CITY OF BACOLOD ) SS

    BEFORE ME, Notary Public for and in the City of Bacolod, this
    th
    05 day of January, 2019 personally appeared the following:

    DONOR, Erin Gabriel T. Santos, with R.C. No. 12345 issued at


    Bacolod City on 12th day of March, 2005;
    DONEE, Frank T. Castle, with R.C. No. 16445 issued at Bacolod
    City on 05th day of April, 2015;

    All known to me the same person who signed the foregoing DEED OF
    CONDITIONAL DONATION, and they acknowledge to me that they
    signed the same freely and voluntarily.

    IN WITNESS WHEREOF, I have hereunto set my hand and


    affixed my notarial seal, the day, year, and place above written.

    Atty. Salvino Kristi S. Kalalang


    NOTARY PUBLIC
    Until Dec. 31, 2020
    PTR No. 123456

    Doc. No. 123;


    Page No. 251;
    Book No. 05;
    Series of 2019.

    You might also like