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    Contract To Sell-Laiño

    Uploaded by

    Philip Ulep
    This contract details the sale of a residential lot from Nerio and Rosa Laiño to Michelle Lopez. The lot is located in San Fernando, Malvar, Batangas. Michelle agreed to purchase the lot for 1.65 million pesos, and has already paid 849,420 pesos as a partial payment. She must pay the remaining balance by May 29, 2024. If she fails to pay, the contract will be cancelled and she will receive a refund as allowed by law. Michelle also agreed to build a house according to the municipal engineer's approved plan and is aware she cannot use the back road for access. The sellers agreed to execute the deed of sale once full payment is made.

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

    Contract To Sell-Laiño

    Uploaded by

    Philip Ulep
    22 views2 pages
    This contract details the sale of a residential lot from Nerio and Rosa Laiño to Michelle Lopez. The lot is located in San Fernando, Malvar, Batangas. Michelle agreed to purchase the lot for 1.65 million pesos, and has already paid 849,420 pesos as a partial payment. She must pay the remaining balance by May 29, 2024. If she fails to pay, the contract will be cancelled and she will receive a refund as allowed by law. Michelle also agreed to build a house according to the municipal engineer's approved plan and is aware she cannot use the back road for access. The sellers agreed to execute the deed of sale once full payment is made.

    Original Title

    CONTRACT TO SELL-LAIÑO

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    This contract details the sale of a residential lot from Nerio and Rosa Laiño to Michelle Lopez. The lot is located in San Fernando, Malvar, Batangas. Michelle agreed to purchase the lot for 1.65 million pesos, and has already paid 849,420 pesos as a partial payment. She must pay the remaining balance by May 29, 2024. If she fails to pay, the contract will be cancelled and she will receive a refund as allowed by law. Michelle also agreed to build a house according to the municipal engineer's approved plan and is aware she cannot use the back road for access. The sellers agreed to execute the deed of sale once full payment is made.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    22 views2 pages

    Contract To Sell-Laiño

    Uploaded by

    Philip Ulep
    This contract details the sale of a residential lot from Nerio and Rosa Laiño to Michelle Lopez. The lot is located in San Fernando, Malvar, Batangas. Michelle agreed to purchase the lot for 1.65 million pesos, and has already paid 849,420 pesos as a partial payment. She must pay the remaining balance by May 29, 2024. If she fails to pay, the contract will be cancelled and she will receive a refund as allowed by law. Michelle also agreed to build a house according to the municipal engineer's approved plan and is aware she cannot use the back road for access. The sellers agreed to execute the deed of sale once full payment is made.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CONTRACT TO SELL

    This Contract to Sell, made and executed by and between:

    The Spouses Nerio P. Laiño and Rosa Maria G. Laiño, of


    Peter’s Ville, San Fernando, Malvar, Batangas, hereinafter
    referred as the VENDORS

    -AND-

    Michelle Mae Valencia Lopez, of Brgy. Talisay, Lipa City,


    Batangas, hereinafter referred to as the VENDEE

    -WITNESSETH-

    1. That the VENDORS are the owners of a residential lot known as


    Lot No. 4620-B-3-G situated in San Fernando, Malvar, Batangas,
    and covered by TCT No. 056-2022009874 of the Register of
    Deeds of Tanauan City;

    2. That the VENDEE has agreed to buy and the VENDORS have
    agreed to SELL the above-mentioned lot under the following terms
    and conditions:

    (a)That the total Contract Price is One Million Six


    Hundred Fifty Thousand Pesos (Php 1,650,000.00);

    (b)That as of this date, February 21, 2023, the VENDORS


    acknowledge that they have received from the
    VENDEE the total amount of EIGHT HUNDRED
    FORTY-NINE THOUSAND FOUR HUNDRED
    TWENTY PESOS (PHP 849,420) as partial payment
    for the lot above-stated;

    (c) That the VENDEE commits that she will pay the
    balance on or before MAY 29, 2024;

    (d)That in case the VENDEE fails to pay any balance of


    the contract price as per notice of VENDORS duly
    acknowledged by the VENDEE within a period of two
    (2) months from receipt of the notice of failure to pay,
    both parties agree that this Contract to SELL is
    deemed automatically cancelled and VENDEE shall be
    entitled to any refund of what she paid as may be
    provided by law;

    (e)That the VENDEE commits to construct her house as


    per approved plan of the Municipal Engineer of Malvar,
    Batangas;
    (f) That the VENDEE is fully aware of VENDORS’
    condition that she will not and cannot use the road
    right of way at the back (northern side) of the lot she is
    buying as she can use only the road in front of her
    (southern side);

    (g)That VENDORS commit to execute the corresponding


    deed of sale immediately upon fall of payment of the
    contract price.

    Done in Brgy. San Fernando, Municipality of Malvar, Batangas,


    February 21, 2023.

    ______________________ ______________________
    NERIO P. LAIÑO MICHELLE V. LOPEZ
    -Vendor- -Vendee-

    By:

    _______________________
    MICHAEL L. LOPEZ
    -Father-

    _________________________
    ROSA MARIA G. LAIÑO
    -Vendor-

    WITNESSES:

    ______________________ ______________________

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