(Deed of Sale - Real Property)
REPUBLIC OF THE PHILIPPINES)
Province of ____________________) S.S.
City/Municipality of _____________)
x-----------------------x
DEED OF ABSOLUTE SALE
KNOW ALL MEN BY THESE PRESENTS:
This Deed of Absolute Sale made and entered into by and between:
_____________, of legal age, Filipino, (single / married /
widow), and a resident of _____________, Philippines,
(hereinafter referred to as the "VENDOR");
- and -
_____________, of legal age, Filipino, (single / married /
widow), and a resident of _____________, Philippines,
(hereinafter referred to as the "VENDEE");
WITNESSETH:
WHEREAS, the VENDOR is the true and registered owner of a parcel of land
covered by Transfer Certificate of Title No. _____________, situated in _____________,
Philippines, more particularly described as follows:
(Technical Description of Property)
WHEREAS, the VENDOR desires to sell and the VENDEE agrees to buy the
aforementioned parcel of land, including all the improvements found and standing
thereon.
NOW, THEREFORE, for and in consideration of the sum of
__________________________ PESOS (P_____________), Philippine Currency,
receipt of which is hereby acknowledged by the VENDOR to (his/her) full and complete
satisfaction, the VENDOR does hereby SELL, TRANSFER and CONVEY the above-
described parcel of land, including all the improvements found and standing thereon, unto
the VENDEE, (his/her) heirs, successors and assigns, absolutely and free from all liens
and/or encumbrances.
The VENDOR hereby undertakes that (he/she), (his/her) heirs, successors and
assigns shall warrant and defend the title to the real property subject of this Deed against
all claims of all persons or entities. The VENDOR also guarantees the right of the
VENDEE to take possession of the property subject of this agreement upon the signing
and execution of this agreement and will defend the latter against all judicial or
administrative actions for eviction.
Capital gains tax, transfer tax and other taxes, fees and charges that may be
imposed on the transfer of title in favor of the VENDEE shall be for the sole account of
the (VENDOR/VENDEE).
This Agreement shall be valid and binding not only on the parties herein but also
on their heirs, agents, representatives, successors and assigns.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures
this _____________ at _____________, Philippines.
VENDOR VENDEE
SIGNED IN THE PRESENCE OF:
__________________ __________________
REPUBLIC OF THE PHILIPPINES)
CITY/MUNICIPALITY OF ______) SS.
x-----------------------------------------x
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the (Province/City/Municipality) of
_____________, personally appeared _____________ with Community Tax Certificate
No. _____________ issued on _____________ at _____________, and _____________
with Community Tax Certificate No. _____________ issued on _____________ at
_____________, both personally known to me (or whom I have identified through
competent evidence of identity) and who represented to me that their respective signatures
on the foregoing instrument were voluntarily affixed by them for the purposes stated in the
instrument and who declared that they have executed the foregoing instrument as their free
and voluntary act and deed.
This Instrument consists of only ______ (____) page/s, including this page in
which this acknowledgment is written, duly signed by the parties and their instrumental
witnesses on each and every page hereof.
WITNESS MY HAND AND SEAL this _____________ at _____________,
Philippines.
NOTARY PUBLIC
Doc. No. ______;
Page No. ______;
Book No.______;
Series of 20____.