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DEED OF ABSOLUTE SALE
KNOW ALL MEN BY THESE PRESENTS: This DEED OF ABSOLUTE SALE is made, executed and entered into by: (NAME OF SELLER), of legal age, single/married to (Name of spouse if any), Filipino, and
with residence and postal address at (Address of Seller), hereinafter referred to as the SELLER
-AND- (NAME OF BUYER), Filipino and with residence and postal address at (Address of Buyer), hereinafter referred to as the BUYER.
WITNESSETH;
WHEREAS, the SELLER is the registered owner of a parcel of land with improvements
located at (Address of property to be sold) and covered by Transfer Certificate of Title No.
(TCT Number) containing a total area of (Land Area of Property in Words) (000) SQUARE METERS, more or less, and more particularly described as follows:
TRANSFER CERTIFICATE OF TITLE NO. 0000
"(Insert the technical description of the property on the title) Example: A PARCEL
OF LAND (Lot 20 Blk 54 of consolidation subdivision plan (LRC) Pcs-13265, being a portion of
the consolidation of Lots 4751-A and 4751-B (LRC) Psd-50533, Lot 3, Psd-100703, Lot 1, Psd-
150980, LRC Rec. Nos. Nos. N-27024, 51768, 89632, N-11782, N-13466, and 21071 situated in the Bo. of San Donisio, Mun of Paranaque, Prov of Rizal, Is. of Luzon. Bounded on NE.,
point 4 to 1 by Road Lot 22, on...to the point of beginning; containing an area of (280) square
meters more or less..." WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above
mentioned property for the amount of (Amount in words) (P 000,000.00) Philippine Currency; NOW THEREFORE, for and in consideration of the sum of (Amount in words) (P
000,000.00) Philippine Currency, hand paid by the vendee to the vendor, the SELLER DO
HEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYER, his
heirs and assigns, the certain parcel of land together with all the improvements found thereon,
free from all liens and encumbrances of whatever nature including real estate taxes as of the
date of this sale.
(NAME OF SELLER) (NAME OF BUYER) Seller Buyer
WITH MARITAL CONSENT: ________________________ _________________________
Name of Seller's Spouse Name of Buyer's Spouse
SIGNED IN THE PRESENCE OF:
__________________________ ____________________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
City of Baguio ) SS.
BEFORE ME, a Notary Public for and in the City of ___________________, personally appeared:
Name CTC Number Date/Place Issued Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to
me that the same are their free act and voluntary deed. This instrument, consisting of (__) pages, 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. WITNESS MY HAND AND SEAL on this ___day of __________________2010 at_______________.
Notary Public Doc. No. ........;
Page No. .......; Book No. .......;
Series of 20__.
CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT TO SELL, made and executed this ____ day of _________, 20__ by and between: (NAME OF SELLER /VENDOR), of legal age, single/married to (Name of spouse if any), Filipino, and with residence and postal address at (Address), hereinafter referred to as
the "SELLER/VENDOR";
-AND-
(NAME OF BUYER/VENDEE), Filipino and with residence and postal address at
(Address), hereinafter referred to as the "BUYER/VENDEE".
WITNESSETH;
WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of
land consisting of LAND AREA IN WORDS (000) square meters, more or less, located at
(Address of property to be sold) and covered by Transfer Certificate of Title No. (TCT Number)
issued by the Registry of Deeds of (Name of Town or City); WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /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 (Amount in words) (Php:
000,000.00) Philippine Currency, and of the covenants herein after set forth the
SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the aforesaid
property subject to the following terms and conditions: (Note: Terms and Conditions below are sample only, please revise) 1. The total consideration shall be One Million (Php: 1,000,000.00) PESOS, Philippine
Currency, payable as follows: a) The amount of THREE HUNDRED THOUSAND (Php: 300,000.00) PESOS, representing
earnest money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon signing of this Contract to Sell; b) The remaining balance in the amount of SEVEN HUNDRED THOUSAND (Php: 700,000.00)
PESOS, shall be paid in Cash on or before ___________, 20__. c) In case the check representing the payment for the balance provided in paragraph b hereof,
is dishonored by the drawee bank, the earnest money in the amount of THREE HUNDRED
THOUSAND (Php: 300,000.00) PESOS, shall be forfeited in favor of the SELLER/VENDOR.
2. Capital Gains Tax and Real Estate Tax, shall be for the account of the SELLER/VENDOR; 3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other
miscellaneous fees and expenses shall be to the account of the BUYER/VENDEE; 4. Possession to the subject property shall be delivered by the SELLER/VENDOR to the
BUYER/VENDEE upon full payment of the total consideration; 5. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute a
DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall
likewise execute and/or deliver any and all documents, including but not limited to the original
copy of Transfer Certificate of Title, Tax Declaration and all other documents necessary for the transfer of ownership from SELLER/VENDOR to the BUYER/VENDEE.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___ day of
____________, 20__ at _________________________, Philippines.
(SELLER/VENDOR) (BUYER/VENDEE)
Name Name
WITH MARITAL CONSENT:
________________________ _________________________
Name of Seller/Vendor's Spouse Name of Buyer/Vendee's Spouse
SIGNED IN THE PRESENCE OF:
__________________________ ____________________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
_____________________________ ) SS. BEFORE ME, a Notary Public, this ____________day of ________________, personally appeared
the following:
Name CTC Number Date/Place Issued
(Name of Seller/Vendor) 10000000 February 5, 20__ / Pasay City (Name of Buyer/Vendee) 10000000 January 14, 20__ / Quezon City
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.
Notary Public
Doc. No. ........;
Page No. .......; Book No. .......;
Series of 20__.
RENT TO OWN CONTRACT This Contract of Lease with Option to Purchase (Rent-to-Own Contract) made and
executed this ____of __________ 20___ Manila, Philippines by and between.
__________________________________, Filipino, of legal age, single/married to, with post
address at ________________________, hereinafter referred to as the LESSOR/SELLER.
-AND –
__________________________________, Filipino, of legal age, single/married to, with postal
address __________________________, hereinafter referred to as the LESSEE/BUYER.
WITNESSETH:
THAT, for and in consideration of the payment of rent and the faithful compliance by
the LESSEE/BUYER of all the stipulations and covenants hereinafter contained, the
LESSOR/SELLER has agreed to lease unto the LESSE /BUYER the premises located at _______________________________, City of Manila under the following terms and conditions.
1. PURPOSE: That the premises hereby leased shall be used exclusively by the
LESSE/BUYER for residential purposes only and shall not be diverted to other uses. It is hereby expressly agreed upon that if at any time the premises are used for other
purposes, the LESSOR/SELLER shall have the right to rescind this contract without
prejudice to its other rights under the law.
2. TERM: The term of this non–renewable lease is for ______________ months from
_____________________ to ________________ inclusive.
3. RENTAL RATE: The monthly rate for the leased premises shall be in PESOS:
______________________ [_______________], Philippine currency. All rental payments shall
be made payable to ______________________.
4. DEPOSIT: That the LESSEE/BUYER shall deposit with the LESSOR/SELLER upon signing of this
contract and prior to move in an amount equal to ten percent (10%) of the selling price or the sum of
PESOS: _____________________________________________________, Philippine currency.
5. RENTAL PAYMENT: The LESSE/BUYER shall issue, likewise, upon signing of this
contract and prior to move in, Thirty (30) post-dated checks to cover monthly rental for the months of _________________ to __________________, each check dated on the _____
day of each month.
6. DEFAULT IN PAYMENT: In case of default by the LESSEE/BUYER in the payment of the rent, such as when the checks are dishonored, the LESSOR/SELLER, at its option
may terminate this contract and eject the LESSEE/BUYER as hereinafter provided.
However, the LESSE/BUYER is given seven (7) days grace period within which to settle
the account from date rental payment is due. Granting an extension to the aforesaid
grace period may not be deemed as a waiver of LESSOR/SELLER right to terminate this contract and eject the LESSE/BUYER but in the event the LESSOR/SELLER so opts to
grant a written request for extension, a penalty equivalent to three (3%) percent per
month of the rental due, with a fraction of a month considered as one month shall be
charged and assessed for delayed payments.
7. SUB–LEASE: The LESSEE/BUYER shall not directly or indirectly sublet, allow or permit
the leased premises to be occupied in whole or in part by any person, form or
corporation; neither shall the LESSEE/BUYER assign its rights hereunder to any other
person or entity and no right of interest thereto or therein shall be conferred on or vested in anyone by the LESSEE/BUYER without LESSOR/SELLER’s written approval.
8. LESSE’S VISITORS, etc…: In case of damage to leased premises attributable to the
LESSEE/BUYER, agents and/or visitors, repair of the same shall be for the account of the LESSEE/BUYER without prejudice to LESSOR/SELLER’s availment of any other
right under the law.
9. POWER, WATER CONSUMPTION & ASSOCIATION DUES: Power, water and association dues shall be for the account of the LESSEE/BUYER.
10. OTHER PUBLIC UTILITIES: The LESSEE/BUYER shall pay for its telephone, cable and
electrical services and other public services and utilities.
11. REPAIR AND MAINTENANCE: The LESSOR/SELLER shall deliver the leased as is where
is. The LESSEE/BUYER hereby expressly acknowledges that the leased as is where is.
The LESSE/BUYER hereby agrees and binds itself to undertake at its exclusive expense all minor and major repairs as may be required to maintain the leased premises in good
state of repair, any provisions of law, present or future, or any stipulation in this
agreement to the contrary notwithstanding.
12. IMPROVEMENTS, ALTERATIONS AND RENOVATIONS: The LESSEE/BUYER shall not
make any improvements, alternations and renovations in the leased premises without
prior written consent of both the Association and the LESSOR/SELLER. It is
understood that all permanent improvements shall be owned by the LESSOR/SELLER
and may not be removed without the express and written consent of the LESSOR/SELLER.
13. INJURY OR DAMAGE: The LESSEE/BUYER hereby assumes full responsibility for any damage which
may be caused to the person or property of third person/s while remaining either casually or on business in
any part of the premises leased. LESSEE/BUYER further binds itself to hold the LESSOR/SELLER
harmless and free from any claim for such injury or damage. Provided, however, that the
LESSOR/SELLER shall make necessary actions to correct said deficiencies to ensure that premises are in
good and tenantable condition.
14. DISTURBANCE OF POSSESSION: Disturbance or discontinuance of possession of the
LESSEE/BUYER due to “force majeure” shall confer nor right of any kind to the LESSEE/BUYER as against the LESSOR/SELLER, by reason of inconvenience,
annoyance or injury to business arising out of the necessity of repairing any portion of
the leased premises.
15. GOVERNMENT REGULATIONS: The LESSEE/BUYER, shall, at its own expense and risks, comply with all the laws, ordinances, regulations and orders of any agency of the
government, national or local, affection or pertaining to the leased premises and to any
effects or articles which said LESSEE/BUYER may have in its possession therein.
16. ABANDONMENT OF PREMISES: Should the LESSEE/BUYER abandon the leased
premises for a period of THIRTY (30) DAYS or vacate the premises before expiration of
this Contract of Lease without notifying the LESSOR/SELLER and check payment for
the current month is dishonored, the LESSOR/SELLER’S may immediately re-enter the leased premises and this lease shall thereon be automatically terminated.
17. BREACH OF CONDITIONS: In case of breach by the LESSEE/BUYER of any of the conditions and covenants of this lease as herein stipulated, the LESSOR/SELLER at its
option, may forthwith terminate and cancel this lease and the LESSEE/BUYER shall be
liable for any and all damages as a result of such default and termination. Forfeiture of
whatever rental desists and advances shall apply in case the LESSEE/BUYER violates
any of the provisions in the contract. Forfeiture shall likewise apply should the
LESSEE/BUYER fails to exercise his option to purchase after the expiration of this contract.
18. NON-WAIVER OF LESSOR’S RIGHT: Failure of the LESSOR/SELLER to enforce strict performance
by the LESSEE/BUYER of any of the terms, conditions and covenants of this agreement shall not be
construed as waiver of any right or remedy that the LESSOR/SELLER’S may have, nor shall it be deemed
as a waiver of any subsequent breach of the terms, conditions, and covenants contained therein. No waiver
by the LESSOR/SELLER of its rights hereunder shall be deemed to have been made unless expressed in
writing and signed by the LESSOR/SELLER.
19. EXPIRATION OR CANCELLATION OF LEASE: At the expiration of the term of this lease
or cancellation thereof, as herein provided, the LESSEE/BUYER will promptly deliver to the LESSOR/SELLER the leased premises with all corresponding keys and in as good
and tenantable condition as the same is now, ordinary wear and tear excepted, devoid
of all occupants, movable furniture, articles and effects of any kind. Non-compliance
with the terms of this clause by the LESSEE/BUYER will give the LESSOR/SELLER the
right, at latter’s option, to refuse to accept the delivery of the premises and to compel the LESSEE/BUYER to pay therefrom at the same rate as herein provided plus an
additional sum equal to Twenty Five (25%) percent thereof as penalty until the
LESSEE/BUYER shall have complied with terms hereof. The same penalty shall,
likewise, be imposed in case the LESSEE/BUYER shall refuse to leave the leased
premises after the expiration of this Contract of Lease or the termination for any reason
whatsoever.
20. OPTION TO PURCHASE: For good & valuable consideration, the receipt whereof is
hereby acknowledge from the LESSEE/BUYER. The LESSOR/SELLER hereby extends an option to the LESSEE/BUYER to purchase for the amount of PESOS:
___________________________________________ [P __________________] of Lease on the 18th
month or the period from 1st to _____ of __________, _______. The LESSEE/BUYER, at
his/her/its exclusive option, conditioned on faithful compliance with all payments and
undertakings contained herein, may convey his/her/its decision to avail of option to
purchase in writing to the LESSOR/SELLER who thereafter shall credit all rental payments up to the __________ (___) month and the initial deposit stated above to down
payment.
21. BALANCE AFTER THIS LEASE AGREEMENT: If LESSEE/BUYER complied with all terms and conditions stated above, inclusive of payment of realty taxes, power, water and
association dues, the outstanding balance of the LESSEE/BUYER shall be 70% of the
Total Selling Price amount equivalent to PESOS:
_____________________________________ [P_____________], Philippine currency. The
LESSEE/BUYER hereby agrees to execute the Deed of Absolute Sale upon payment in full of the TOTAL PURCHASE PRICE. Failure of the LESSEE/BUYER to exercise his/its
right to purchase within the period of 30 months from the execution of this contract
shall mean forfeiture and abandonment of his right to purchase. In such case, all
payment made during the term of this lease are considered rentals.
22. TRANSFER EXPENSES: Documentary stamp tax, capital gain tax, registration fees,
transfer tax, and other necessary expenses connected with the execution and
registration of the sale shall be for the account of and paid by the LESSEE/BUYER.
23. TAXES, UTILITIES AND OTHER ASSOCIATION IMPOSITIONS: For the duration of this
lease, LESSEE/BUYER shall pay the Realty Taxes. However, should the
LESSEE/BUYER not exercise the option to purchase, LESSOR/SELLER shall
reimburse the LESSEE/BUYER of all the taxes, exclusive of penalties for delayed payments, if any, it had paid as well as the start-up fund of the Homeowners
Association.
24. JUDICIAL RELIEF AND PENALTY: Should any one of the parties herein be compelled to
seek judicial relief against the other, the losing parties shall pay an amount equivalent to One Hundred Percent (100%) of the amount claimed in the compliant as attorney’s
fees which shall in no case be less than P 100,000.00 pesos in addition to other cost
and damages which the said party may be entitled to under the law, to recover from the
other party. Provisions of penal character in this Contract of Lease shall be considered
as cumulative to the relief granted by this section.
25. RIGHTS AND INTERESTS: The rights and interests of the LESSOR/SELLER subject
under this instrument shall be fully assignable by the LESSOR/SELLER subject only to
previous written notice thereof to the LESSEE/BUYER.
26. FORFEITURE OF DEPOSIT: Forfeiture of whatever rental deposit and advances shall
apply to any of the following:
a. When the LESSEE/BUYER is in default in payment for three (3) months. In such a
case, the LESSOR/SELLER shall have the right to prohibit entry of the LESSEE/BUYER,
visitors, guests and his employees in the premises and the right to padlock the leased
premises until indebted is satisfied;
b. When LESSEE/BUYER pre-terminates lease with or without cause; c. When LESSEE/BUYER violates any of the provisions of this contract; and d. When the LESSEE/BUYER fails to exercise his/her option to purchase.
27. PENAL PROVISION: The parties agree that all covenant and agreements herein
contained shall be deemed conditions as well as covenants that if default or breach be made of any such covenants and conditions, then this lease may be terminated and
cancelled and the party in breach shall be liable for any and all damages, actual and
consequential, resulting from such breach or termination; provided however, that no
default shall be declared under this lease unless the party in default has given written
notice to cure such default within thirty (30) days. In the event of violation of this
contract, other than the non-payment of rentals, the party in breach must immediately take remedial steps to cure the breach not later than thirty (30) days.
28. RIGHT OF ENTRY: LESSOR/SELLER or its authorized agent/s shall, after giving due notice to the
LESSEE/BUYER, have the right to enter the premises in the presence of the LESSEE/BUYER or its
representative at any reasonable hour to examine the same or to make repairs therein or for the operation of
regular maintenance of the building or for any other lawful purpose which it may deem necessary.
This RENT TO OWN CONTRACT (CONTRACT OF LEASE WITH OPTION TO PURCHASE)
shall be valid and binding, between the parties, their successors-in-interest and assigns. No
amendment of the terms of the instrument shall be effective unless in writing and signed by
the parties therein.
IN WITNESS WHEROF, parties herein have affixed their signatures on the date and
place first above written.
__________________________ _______________________ [Name] [Name]
LESSOR/SELLER LESSEE/BUYER
SIGNED IN THE PRESENCE OF:
__________________________ _______________________
ACKNOWLEDGEMENT
Republic of the Philippines) _________________________) S.S
BEFORE ME, a Notary Public, this _____ day of ____________, 20___ personally
appeared the following to witness:
NAME CTC No. DATE ISSUED PLACE ISSUED
------------------------------- --------------- --------------------- --------------------- ------------------------------- --------------- --------------------- ---------------------
Known to me to be the same persons who have executed the foregoing, instrument and acknowledged to me that the same is of their own free will and voluntary act and deed as well
as of the corporation herein represented.
This instrument consisting of ______ (__) pages, including the page on which this
acknowledgement is written, has been signed on the left margin of each page and every page
thereof by the parties and their instrumental 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 No 20___.
DEED OF ASSIGNMENT AND TRANSFER OF RIGHTS
KNOW ALL MEN BY THIS PRESENTS: This deed, made and entered into this ___ day of __________, 20__ at the City of Manila, by and between:
Juan de la Cruz, Filipino Citizen, of legal age, married to Juanita de la Cruz with residence and
postal address at 1234 Oak Lane, Standard Subdivision, Quezon City, hereinafter referred to as the
"ASSIGNOR"
-and- Pedro San Juan, Filipino Citizen, of legal age, married to Patricia San Juan with residence and
postal address at 123A Somerville Plaza Tower, 5678 Mahogany Avenue, Manila, hereinafter
referred to as the "ASSIGNEE".
WITNESSETH that -
WHEREAS the ASSIGNOR is the buyer of a 2-bedroom unit, located at 18C, Grand Towers Condominium,
234 Taft Avenue, Manila, with an area of SEVENTY EIGHT (78) SQUARE METERS more or less, covered by
Condominium Certificate Title No. 98765 of the register of Deeds of Manila, registered in the name of the Bank of
the Philippine Islands.; WHEREAS, the ASSIGNOR has offered to to assign all his rights, title and interest over the above unit, as
referred in said Contract to Sell and the ASSIGNEE hereby accepts the assignment in accordance with the terms
herein set forth; NOW, THEREFORE, for and in consideration of the foregoing premises and the sum of ONE MILLION
PESOS (1,000,000.00), PHILIPPINE CURRENCY, which the ASSIGNOR hereby acknowledged to have
received from the ASSIGNEE, the ASSIGNOR hereby assigns, transfers and conveys unto the ASSIGNEE, all his
rights, title and interest to the aforementioned property and and appurtenant interest in the Condominium project
pursuant to this Agreement and the ASSIGNEE by these presents hereby accepts the assignment and agrees to be
bound by the terms and conditions of the Contract to Sell and the rules and regulations, and restrictions pertaining to
the said unit. IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place first above written.
(Juan de la Cruz) (Pedro San Juan)
ASSIGNOR ASSIGNEE
Signed in the presence of:
_____________________________ ______________________________
ACKNOWLEDGEMENT
Republic of the Philippines)
_________________________) S.S
BEFORE ME, a notary for and in the City of Manila, personally appeared:
Name CTC Number Date/Place Issued
(Juan de la Cruz) 00000000 January 15, 20__ / Quezon City
(Pedro San Juan) 00000000 January 21, 20__ / Manila
known to me and to me known to be the same persons who executed the foregoing Deed of Assignment and
transfer of Rights and acknowledged to me that the same is their free and voluntary act and deed.
WITNESS MY HAND AND SEAL, on the date and place first above written.
Notary Public
Doc. No.______;
Page No. ______;
Book No.______;
Series of 20___.
AGREEMENT FOR THE RENOVATION OF ABC COFFEE SHOP
KNOW ALL MEN BY THIS PRESENTS: THAT WE, (Contractor's Name), of legal age, single/married, a resident of (Address),
hereinafter known as the CONTRACTOR and (Name of Owner), of legal age, single/married, a
resident of (Address) and hereinafter known as the OWNER, do hereby agree and state: 1. That the CONTRACTOR agrees to finish/renovate ABC COFFEE SHOP located at (Address) at the contract price of Pesos: 000,000.00 (Amount in Words). 2. That the CONTRACTOR shall secure the necessary permits for construction, he shall be
responsible in purchasing materials, recruiting personnel, coordinating with the architect and
owner/s as regards to design details and approval of materials.
3. That the CONTRACTOR shall finish and turn over the said coffee shop at the said
contract price and in accordance with the plans and specifications 4. That the CONTRACTOR shall pay a penalty of 1% of the contract price for every day of delay of turnover. 5. That the starting date of construction shall be on January 1, 20__. 6. That the turnover date shall be on March 1, 20__. 7. That the OWNER, agrees to pay 30% of the contract price at least 5 working days before
the projected starting date as down payment and the 70% balance to be paid in weekly equal
payments based on the date of the signing until the projected completion of the project. Additional cost, if any, shall be paid on an “as-required” basis. 8. That 10% of payments to the CONTRACTOR shall be retained by the OWNER as
guarantee of completion of work. 9. That the retention guarantee shall be released no later than two (2) weeks after the
acceptance of the owner of the renovation done. 9. That the SCOPE OF WORK are as follows: I. ELECTRICAL: · Layout and install electrical wirings, conduits, boxes, circuit breakers, convenience
outlets and electrical provision for appliances, signages & telephone wirings · Install Automatic voltage regulator for the water purification system · Install pin lights, special drop lights, recessed lighting, halogen directional lights and
other electrical requirements as specified on the plans. II. CEILING: · Install suspended ceiling joist system as specified on the reflected ceiling plan · Use Gypsum board as ceiling, finished with one coat of sealer and followed by two semi-
gloss enamel with stippled finish III. GLASS: · Install 12mm thick clear tempered glass panels (exterior walls) with bottom frame in
accordance with the working drawings on the “Signage Plans” Elevation 1, 2, & 3) IV. PLUMBING: · Install high density polypropylene (PP-R) piping for water line · Install polyvinyl (PVC) pipe for sewer and waste line with solvent cement joint (ASTM
D2564) · Water proof all wet areas with Hygard, Thoroseal or approved equivalent · Test all lines to at least 100 psi for 2 hrs. · Submit as-built plan duly signed by a licensed sanitary engineer V. COUNTERS · Fabricate and install counters using ¾ plywood with 12mm solid surfacing material. · Shelves, cabinet doors, laminates and other details on finishes: as per specification VI. FLOORING: · Install 12 x 12 Mariwasa ceramic floor tiles (Montalban Beige & Red). VII. MISCELLANEOUS: · Fabricate and install kitchen door · Paint, tile, and finish interior walls as specified on the “Schedule of Finishes” · Fabricate 3mm metal decorative frieze in antique finish
ACKNOWLEDGMENT
IN WITNESS WHEREOF, we have hereunder signed our names, this ___day
of ______________, 20__ at______________________, Philippines.
_____________________________ _______________________________ OWNER CONTRACTOR
SIGNED IN THE PRESENCE OF:
_____________________________ ________________________________
REPUBLIC OF THE PHILIPPINES) ) S.S. BEFORE ME, a notary public for and in the City of ___________________, this ____ day
of January, 20__, personally came and appeared:
________________________________ _____________________________
OWNER CONTRACTOR
TIN #___________________________ TIN #___________________________ CTC # __________________________ CTC #__________________________
Issued On_______________________ Issued On_______________________ Issued At________________________ Issued At________________________
known to me and to me known to be the same persons who executed the foregoing instrument
which consist of three pages, including this page, acknowledged before me as their free and
voluntary act and deed. WITNESS MY HAND AND SEAL this _______ day of January, 20__.
NOTARY PUBLIC Doc No.______; Page No.______; Book No.______; Series of 20___.
EXCLUSIVE (NON-EXCLUSIVE) AUTHORITY TO SELL (LEASE)
THIS IS TO AUTHORIZE (Name), of legal age, a resident of (Address) , to do and perform any
and all of the following acts:
(In case of a corporation, replace above with: THIS IS TO AUTHORIZE [Name of Corporation], a domestic
corporation existing under and by virtue of the laws of the Philippines, with principal office located at [Address], to do
and perform the following acts:) TO SELL (or TO RENT OUT) my house and lot located at (Address), more particularly described as follows:
Block No. _________ Lot No. __________ Lot Area: __________ square meters Transfer Certificate of Title No. __________
That (Name /Corporation) shall receive a commission fee equivalent to FIVE (5%) PERCENT of the total selling
price as stipulated in the Deed of Sale or Contract to Sell, payable upon the execution of the instrument. (In case of rent, replace above with: That (Name /Corporation) shall receive a commission fee equivalent to ONE
MONTH RENT as stipulated in the Rental /Lease Contract, payable upon the execution of the instrument. In case of renewal of lease, (Name /Corporation) shall receive an equivalent of ONE MONTH RENT for every year
of lease as stipulated in the Rental /Lease Contract, payable upon the execution of the instrument.) (Add terms as required)
This exclusive (or Non-Exclusive) authority shall become ineffective only after 30 (60 or 90) days from receipt of
either party of a written notice terminating such authority.
__________________________________
OWNER Signature Over Printed Name
Name of Owner: _________________________________________ Spouse: _________________________________________________ Home Address: __________________________________________ Telephone Nos. __________________________________________ Office Address: __________________________________________ Telephone Nos. __________________________________________ Date: _______________________
January 5, 20__
OFFER TO PURCHASE (Real Estate)
Mr. Jerry Benitez
18 Sunflower St, New Manila,
Quezon City
Re: Blk.___ Lot___, Camilla St., Manila; with
lot area of _____sqm. more or less; covered
by T.C.T. No. ______________
Dear Mr. Benitez,
This is to express our firm offer to buy the above stated property through our
authorized brokers, Alex Ortiz, subject to the following terms and conditions:
Purchase Price PhP: ______________________
Terms and Conditions:
1) Upon acceptance of this offer, earnest money in the amount of
___amount in words__ (Php:________) shall be paid and shall be
credited as part of the purchase price.
2) The balance, in the amount of ___amount in words__ (Php:________)
shall be paid in full within 15 working days.
3) The Capital Gains Tax and Broker's commission shall be for the
account of the SELLER, while the Documentary Stamps, Transfer Tax
and Registration Fees shall be for the account of the BUYER.
Note: Revise above conditions / add or delete terms and conditions as
applicable to you.
If the above terms and conditions are acceptable to you, please signify your
conformity by signing on the space provided below.
Truly yours,
--------------------------------
James Santos, Jr. (Buyer)
Conforme:
--------------------------------
Victor Benitez
(Seller)
CONTRACT OF LEASE WITH OPTION TO PURCHASE
KNOW ALL MEN BY THESE PRESENTS:
This Contract Of Lease With Option To Purchase, Hereinafter referred to as the CONTRACT
made this ___ day of ____, 2009 by and between:
[Name of LESSOR/SELLER] of legal age, Filipino, residing at [address], herein after referred
to as the LESSOR,
and
[Name of LESSEE/BUYER] of legal age, Filipino, residing at [address], hereinafter referred to
as the LESSEE,
WITNESSETH:
WHEREAS, the LESSOR owns a certain property located at [ADDRESS OF PROPERTY],
described as follows:
[Complete Description of Property as it appears on the TCT or CCT]
{NOTE: if the property is covered by a Contract-to-Sell between the seller and the bank, replace
the blue portion above with the red portion below}
WHEREAS, the LESSOR has the legal right to lease out that certain parcel of land and/or
improvements, hereinafter referred to as the PROPERTY located at [ADDRESS AND
DESCRIPTION ON THE CONTRACT-TO-SELL], and/or has secured all rights necessary to
exercise ownership over the PROPERTY from the registered owner of the PROPERTY, by
virtue of a Contract to Sell dated __________ and registered as Document No. ___ in Page No.
___ of Book No. ___, Series of ___, of the Notarial Register of Atty. ________, a notary public,
including the right to discharge all its obligations under this Contract;
WHEREAS, the LESSEE desires to rent said property and have the option to purchase same;
WHEREFORE, it is mutually agreed:
1. The LESSOR hereby leases to the LESSEE and the LESSEE hereby rents from the LESSOR
for a term of [Lease term in words] ( __ ) years from ______, 2009 at a MONTHLY RENTAL
of [AMOUNT IN WORDS] (P00,000.00) in advance, and without need of demand, on the fifth
(5th) day of each and every month during the period aforesaid, the said PROPERTY with all its
fixtures and accessories. The MONTHLY RENTAL is computed based on amortization table
with an assumed principal of [AMOUNT IN WORDS] (P0,000,000.00) and an interest rate of
__% per annum. In any case of late payment, the LESSEE shall pay a surcharge equivalent to
five percent (5%) of the monthly rental for every month in arrears from the time the specific
rental becomes due and payable, or any fraction thereof, unless the LESSOR decides to rescind
the CONTRACT because of the LESSEE’S failure to pay;
2. Upon execution of this Contract, the LESSEE shall make a non-refundable option
consideration (NROC)/ privilege fee payment to the LESSOR amounting to [Amount in Words]
(P000,000.00), to be paid upon signing of Contract;
The NROC/privilege fee is in addition to the MONTHLY RENTAL and entitles the LESSEE to
an option to purchase the PROPERTY.
3. The LESSEE shall, during the period of the lease, exercise due care and diligence in the use of
said property and shall, at his cost and expense, keep the same in good and usable condition for
which it has been leased. The LESSEE shall also insure the PROPERTY at his expense and shall
make sure that the insurance policy remains effective for the duration and effectivity of this
CONTRACT;
4. That until the LESSOR regains possession of the property herein leased in accordance with the
terms hereof, the LESSEE, at his own cost and expense, shall pay all taxes, assessments,
homeowner’s association dues, and other expenses levied and payable on said property;
5. If the LESSEE fails to pay the rental when the same becomes due, then the LESSOR, at his
option and without prior notice or demand, may terminate this CONTRACT and take or regain
possession of the said property, and for this purpose may enter the premises without liability to
any suit, action, or proceeding by the LESSEE;
6. Upon the LESSOR regaining possession of said property pursuant to the above provision, this
CONTRACT shall forthwith terminate, without prejudice to the right of LESSOR to rentals in
arrears, if any;
7. Should the LESSEE be able to complete the payment of the MONTHLY RENTALS and the
non-refundable option consideration (NROC)/ privilege fee, within the maximum term of [Lease
term in words] ( __ ) years, the LESSEE shall have the option to purchase the PROPERTY for a
consideration of the amount of [AMOUNT IN WORDS] (P0,000.00) subject to the following
conditions:
a. That the LESSEE has paid his NROC/privilege fee and the succeeding MONTHLY
RENTALS as they fall due;
b. That the LESSEE has no arrears or unpaid rentals at the time he exercises his option to buy the
PROPERTY;
c. That the LESSEE has not abandoned the PROPERTY;
d.
That the LESSEE has complied with all the terms and conditions of this CONTRACT;
e. That the herein CONTRACT has not been canceled or rescinded by the LESSOR for failure of
the LESSEE to pay the monthly rentals as they fall due or for failure of the LESSEE to comply
with any of the terms and conditions of the herein contract.
8. The LESSOR, at the end of the term of this CONTRACT, shall undertake to transfer, if
warranted by the compliance of the LESSEE of the terms hereof, and convey ownership of the
PROPERTY and have the corresponding transfer certificate of title issued in the name of the
LESSEE;
9. It is understood that by the end of the term of this Contract, the LESSOR will have the
absolute right of ownership over the herein property and correspondingly, have the right to sell
the herein unit to the LESSEE;
10. If the LESSOR, through no fault of the LESSEE, does not have the absolute right of
ownership at the end of the lease term and after the LESSEE has complied with all the terms of
this Contract, the LESSOR will return all the payments of the LESSEE, with interest at __% per
annum;
11. The LESSEE shall use the PROPERTY for residential purposes only. In the event that, at any
time during the term of this CONTRACT, the PROPERTY is used for any purpose other than the
one stated above, or the LESSEE conducts any activity other than what is necessary or related to
the purpose allowed herein, the LESSOR has the right to automatically rescind the Contract and
regain possession of the PROPERTY;
12. SUB-LEASE, TRANSFER OF RIGHTS. The LESSOR and LESSEE hereby agree
specifically that this lease is exclusively granted to the LESSEE only and the LESSEE shall not
assign or transfer any of its rights under this Contract nor sublease or sublet all or any part of the
PROPERTY without the prior written consent of the LESSOR, which consent shall not be
unreasonably withheld;
13. NON-WAIVER. The failure of the LESSOR to insist upon a strict performance of any of the
terms, conditions and covenants hereof shall not be deemed a relinquishment or waiver of any
rights or remedy that the LESSOR may have, nor shall it be construed as a waiver of any
subsequent breach or default of the terms, conditions and covenants which shall continue to be in
full force and effect. No waiver by the LESSOR of any of its rights under this Contract shall be
deemed to have been made unless expressed in writing and signed by the LESSOR;
14. It is understood that the heirs of the LESSOR and LESSEE shall honor this CONTRACT in
case the LESSOR and/or LESSEE become incapacitated or pass away;
15. In the event one or more provisions in this Contract should be declared null and void and/or
of no legal force and effect, the said provisions shall not affect and/or render null and void the
other provisions not affected thereby;
16. All notices by the LESSOR to the LESSEE shall be given in writing either delivered
personally or by registered mail to the LESSEE at the PROPERTY; all notices by the LESSEE to
the LESSOR shall be given personally to the LESSOR or his duly authorized representative;
17. It is hereby agreed that the laws of the Republic of the Philippines shall govern the provisions
of this Contract;
IN WITNESS WHEREOF, the Parties herein have set their hands this ____day of ____, 2009,
at___________________.
(Sgd.)____________________ (Sgd) ________________________
(LESSOR) (LESSEE)
TIN: ____________________ TIN: ________________________
Signed in the presence of:
________________________ _________________________
(Witness) (Witness)
(Acknowledgment)
BEFORE ME, personally appeared this ____day of ____, 2009 the following:
Name CTC Number Date/Place Issued
[Name of Lessor] 12345678 Date/City
[Name of Lessee] 56781234 Date/City
Known to me to be the same persons who executed the foregoing instrument and they
acknowledged to me that the same is their own free and voluntary act and deed as well as that of
the corporation/s that they represent.
Doc No. __________
Page No.__________
Book No.__________
Series of __________
CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT TO SELL, made and executed this ___ day of _____________, 2010 by and between: (NAME OF SELLER/VENDOR) of legal age, single/married to (Name of spouse if any), Filipino, and with residence and postal address at (Address), hereinafter referred to as the “SELLER/VENDOR”;
AND
(NAME OF BUYER/VENDEE), Filipino and with residence and postal address at (Address), hereinafter referred to as the “BUYER/VENDEE”.
WITNESSETH;
WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of land consisting of LAND AREA IN WORDS (000) square meters, more or less, located at (Address of property to be sold) and covered by Transfer Certificate of Title No. (TCT Number) issued by the Registry of Deeds of (Name of Town or City); WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER/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 (Amount in words) (Php 000,000.00) Philippine Currency, and of the covenants herein after set forth the SELLER/VENDOR agrees to buy the aforesaid property subject to the following terms and conditions: (Note: Terms and conditions below are sample only, please revise)
1. The total consideration shall be ONE MILLION (Php: 1,000,000.00) PESOS, Philippine Currency, payable as follows:
a. The amount of THREE HUNDRED THOUSAND (Php: 300,000.00) PESOS
representing earnest money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon signing of this CONTRACT TO SELL;
b. The remaining balance in the amount of SEVEN HUNDRED THOUSAND (Php:
700,000.00) PESOS, shall be paid in cash on or before ___________, 2010;
c. In case the check representing the payment for the balance provided in paragraph b hereof, is dishonored by the drawee bank, the earnest money in the amount of THREE HUNDRED THOUSAND (Php: 300,000.00) PESOS shall be forfeited in favor of the SELLER/VENDOR.
2. Capital Gains Tax and Real Estate Tax shall be for the account of the SELLER/vendor; 3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other
miscellaneous fees and expenses shall be to the account of the BUYER/VENDEE;
4. Possession to the subject property shall be delivered by the SELLER/VENDOR to the BUYER/VENDEE upon full payment of the total consideration.
5. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute a DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall likewise execute and/or deliver any and all documents, including but not limited to the original copy of Transfer Certificate of Title, Tax Declaration and all other documents necessary for the transfer of ownership from SELLER/VENDOR to the BUYER/VENDEE.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this __ day of ____ at _____, Philippines.
(SELLER/VENDOR)
(BUYER/VENDEE)
WITH MARITAL CONSENT:
(SELLER/VENDOR’S SPOUSE)
(BUYER/VENDEE’S SPOUSE)
SIGNED IN THE PRESENCE OF:
______________________________________
______________________________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES City of Baguio) SS. BEFORE ME, a Notary Public, the ____ day of ____, 2010, personally appeared the following:
Name
CTC Number Date/Place Issued
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.
NOTARY PUBLIC
Doc. No. ____; Page No. ____; Book No. ____; Series of 2010