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    Contract To Sell: Know All Men by These Presents

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    Lian Dominic Gumban
    The contract establishes an agreement for George Juanco and his wife to sell a 50 square meter parcel of land in Imus, Cavite to Louella Calanza for 3.7 million Philippine pesos to be paid through Calanza's Pag-Ibig housing loan, with any remaining amount to be paid in cash. The contract outlines terms including capital gains and real estate taxes to be paid by Calanza, delivery of possession upon full payment, and the execution of a deed of absolute sale upon payment of the total price.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Contract To Sell: Know All Men by These Presents

    Uploaded by

    Lian Dominic Gumban
    51 views4 pages
    The contract establishes an agreement for George Juanco and his wife to sell a 50 square meter parcel of land in Imus, Cavite to Louella Calanza for 3.7 million Philippine pesos to be paid through Calanza's Pag-Ibig housing loan, with any remaining amount to be paid in cash. The contract outlines terms including capital gains and real estate taxes to be paid by Calanza, delivery of possession upon full payment, and the execution of a deed of absolute sale upon payment of the total price.

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    CTS

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    The contract establishes an agreement for George Juanco and his wife to sell a 50 square meter parcel of land in Imus, Cavite to Louella Calanza for 3.7 million Philippine pesos to be paid through Calanza's Pag-Ibig housing loan, with any remaining amount to be paid in cash. The contract outlines terms including capital gains and real estate taxes to be paid by Calanza, delivery of possession upon full payment, and the execution of a deed of absolute sale upon payment of the total price.

    Copyright:

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

    Contract To Sell: Know All Men by These Presents

    Uploaded by

    Lian Dominic Gumban
    The contract establishes an agreement for George Juanco and his wife to sell a 50 square meter parcel of land in Imus, Cavite to Louella Calanza for 3.7 million Philippine pesos to be paid through Calanza's Pag-Ibig housing loan, with any remaining amount to be paid in cash. The contract outlines terms including capital gains and real estate taxes to be paid by Calanza, delivery of possession upon full payment, and the execution of a deed of absolute sale upon payment of the total price.

    Copyright:

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

    CONTRACT TO SELL

    KNOW ALL MEN BY THESE PRESENTS:

    This CONTRACT TO SELL, made and executed this 1 st day of June 2021 by and
    between:

            GEORGE A. JUANCO, married to LUZVIMINDA R. JUANCO, both legal


    age, Filipino, and with residence and postal address at  Block 2 Lot 10 Phase 1
    Firenze Subdivision, Buhay na Tubig, Imus, Cavite, hereinafter referred to as
    the "VENDOR";
     
    -AND-
     
            LOUELLA MARIE B. CALANZA, of legal age, single, Filipino, and with residence
    and postal address at  Khai Compound, Barangay 201 Zone 20, Merville, Pasay City,
    duly represented by her Attorney- in fact, MR. CHRISTOPHER BAYA SALLA,
    hereinafter referred to as the "VENDEE".
     

    WITNESSETH;
     
            WHEREAS, the VENDOR is the absolute and registered owner of a parcel of
    land covered by TRANSFER CERTIFICATE OF TITLE No. 057-2012007828 registered
    in the Registry of Deeds for the Province of Cavite, described as:
    A PARCEL OF LAND (LOT 10 BLK. 2 OF THE CONS. & SUBD. PLAN PCS-04-
    021255, BEING A PORTION OF LOT 3 BLOCK 7, PCS-04-015994 & LOT 4-A, PSD-
    04-160056, L.R.C. REC. NO. 8843), SITUATED IN BRGY. OF TANZANG LUMA,
    MUN. OF IMUS, PROVINCE OF CAVITE, ISLAND OF LUZON. BOUNDED ON THE E.
    ALONG LINE 1-2 BY LOT 12 BLK. 2; ON THE S. ALONG LINE 2-3 BY ROAD LOT 2
    (8.00 M. WIDE) ; ON THE W. , ALONG LINE 3-4 BY LOT 8, AND ON THE N., ALONG
    LINE 4-1 BY LOT 9, BOTH BLK. 2 ALL OF THE CONS. SUBD. PLAN. BEGINNING AT
    A POINT MARKED “1” ON PLAN, BEING S. 83-28 E., 598.92 M. FROM MON. # 136,
    IMUS ESTATE. THENCE S. 88-53’E. 5.00 M. TO THE PT. OF BEGINNING,
    CONTAINING AN AREA FOR FIFTY (50) SQUARE METERS. ALL POINTS REFERRED
    TO ARE INDICATED ON THE PLAN AND ARE MARKED ON THE GROUND BY PS
    CYL. CONC. MONS. 15X40 CM.; BEARINGS TRUE ; DATE OF ORIGINAL SURVEY ;
    JULY 27, 1905- JUNE 1, 1908 AND THAT OF THE CONS. SUBD. SURVEY; MARCH
    11-16, 2005 & WAS APPROVED ON OCTOBER 10, 2005;
     
            WHEREAS, the VENDEE has offered to buy and the 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 THREE
    MILLION AND ONE HUNDRED THOUSAND PESOS (Php: 3, 100,000.00)
    Philippine Currency and of the covenants herein after set forth the VENDOR  agrees
    to sell and the VENDEE agrees to buy the aforesaid property subject to the following
    terms and conditions:
    1. The total consideration shall be THREE MILLION AND SEVEN
    HUNDRED THOUSAND PESOS (Php: 3, 700,000.00) Philippine
    Currency, shall be payable by the VENDEE thru her Pag-Ibig Housing
    Loan.

    2. In the event that the approved VENDEE’s Pag-Ibig Housing Loan


    amount is less than the total price of the property, the remaining amount
    will be settled in CASH by the VENDEE;

    3. Capital Gains Tax and Real Estate Tax, shall be for the account of
    the VENDEE;
     
    4. Documentary Stamps Tax, Registration Fee, registration expenses, and
    all other miscellaneous fees and expenses shall be to the account of
    the VENDEE;
     
    5. Possession to the subject property shall be delivered by the VENDOR to
    the VENDEE upon full payment of the total consideration;
     
    6. Upon full payment of the total price, the VENDOR shall sign and
    execute a DEED OF ABSOLUTE SALE in favor of the VENDEE. 
     
    IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this 1 ST
    day of JUNE 2021 at ______________________, Philippines.
     
     
    GEORGE A. JUANCO
    VENDOR

    WITH MARITAL CONSENT: 

    LUZVIMINDA R. JUANCO
    Vendor's Spouse

    VENDEE:
    LOUELLA MARIE B. CALANZA
    Duly represented by Attorney-in-fact

    MR. CHRISTOPHER BAYA SALLA,


     
    SIGNED IN THE PRESENCE OF:
     

    __________________________               ____________________________

     
    ACKNOWLEDGMENT

    REPUBLIC OF THE PHILIPPINES)


    _____________________________ )  SS.

    BEFORE ME, a Notary Public, this 1st day of June 2021, personally appeared the
    following:
     
            Name                        Gov’t Issued ID Number            
    Date/Place Issued
     
    GEORGE A. JUANCO Senior Citizen ID 37427
    LUZVIMINDA R. JUANCO Driver’s License No. N26-00-043775
    LOUELLA MARIE B. CALLANZA
    Christopher BAYA SALLA Driver’s License No. F01—03-161429

    This instrument, consisting of ___ 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.
      

                                   
    Doc. No. ........;
    Page No. .......;
    Book No. .......;
    Series of 20__.
    4

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