real estate legal forms

7/30/2019 Real Estate Legal Forms

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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, andwith 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) SQUAREMETERS, 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 situatedin 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 abovementioned 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) (P000,000.00) Philippine Currency, hand paid by the vendee to the vendor, the SELLER DOHEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYER, hisheirs 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 thedate 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 iswritten, has been signed on the left margin of each and every page thereof by the concernedparties 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


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 asthe "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 hasagreed to sell the above mentioned property under the terms and conditions herein below setforth;

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 theSELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the aforesaidproperty subject to the following terms and conditions: (Note: Terms and Conditions beloware sample only, please revise)

1. The total consideration shall be One Million (Php: 1,000,000.00) PESOS, PhilippineCurrency, payable as follows: a) The amount of THREE HUNDRED THOUSAND (Php: 300,000.00) PESOS, representingearnest money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR uponsigning 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 othermiscellaneous 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 aDEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shalllikewise execute and/or deliver any and all documents, including but not limited to the originalcopy of Transfer Certificate of Title, Tax Declaration and all other documents necessary for thetransfer 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




__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES) _____________________________ ) SS.

BEFORE ME, a Notary Public, this ____________day of ________________, personally appearedthe following:


(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 iswritten, has been signed on the left margin of each and every page thereof by the concernedparties 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 postaladdress __________________________, 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, theLESSOR/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. Itis hereby expressly agreed upon that if at any time the premises are used for otherpurposes, the LESSOR/SELLER shall have the right to rescind this contract withoutprejudice 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 shallbe made payable to ______________________ .

4. DEPOSIT: That the LESSEE/BUYER shall deposit with the LESSOR/SELLER upon signing of thiscontract 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 thiscontract and prior to move in, Thirty (30) post-dated checks to cover monthly rental forthe 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 optionmay 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 settlethe account from date rental payment is due. Granting an extension to the aforesaidgrace period may not be deemed as a waiver of LESSOR/SELLER right to terminate thiscontract and eject the LESSE/BUYER but in the event the LESSOR/SELLER so opts togrant a written request for extension, a penalty equivalent to three (3%) percent permonth of the rental due, with a fraction of a month considered as one month shall becharged and assessed for delayed payments.

7. SUB – LEASE: The LESSEE/BUYER shall not directly or indirectly sublet, allow or permitthe leased premises to be occupied in whole or in part by any person, form orcorporation; neither shall the LESSEE/BUYER assign its rights hereunder to any otherperson or entity and no right of interest thereto or therein shall be conferred on orvested 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 theLESSEE/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 otherright under the law.

9. POWER, WATER CONSUMPTION & ASSOCIATION DUES: Power, water and associationdues shall be for the account of the LESSEE/BUYER.



10. OTHER PUBLIC UTILITIES: The LESSEE/BUYER shall pay for its telephone, cable andelectrical services and other public services and utilities.

11. REPAIR AND MAINTENANCE: The LESSOR/SELLER shall deliver the leased as is whereis. 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 goodstate of repair, any provisions of law, present or future, or any stipulation in thisagreement to the contrary notwithstanding.

12. IMPROVEMENTS, ALTERATIONS AND RENOVATIONS: The LESSEE/BUYER shall notmake any improvements, alternations and renovations in the leased premises withoutprior written consent of both the Association and the LESSOR/SELLER. It isunderstood that all permanent improvements shall be owned by the LESSOR/SELLERand may not be removed without the express and written consent of theLESSOR/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 inany 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 theLESSEE/BUYER due to “force majeure” shall confer nor right of any kind to theLESSEE/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 andrisks, comply with all the laws, ordinances, regulations and orders of any agency of thegovernment, 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 leasedpremises 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 forthe current month is dishonored, the LESSOR/SELLER’S may immediately re-enter theleased premises and this lease shall thereon be automatically terminated.

17. BREACH OF CONDITIONS: In case of breach by the LESSEE/BUYER of any of theconditions 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 beliable 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 violatesany of the provisions in the contract. Forfeiture shall likewise apply should theLESSEE/BUYER fails to exercise his option to purchase after the expiration of thiscontract.

18. NON-WAIVER OF LESSOR’S R IGHT: 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 tothe LESSOR/SELLER the leased premises with all corresponding keys and in as goodand tenantable condition as the same is now, ordinary wear and tear excepted, devoidof all occupants, movable furniture, articles and effects of any kind. Non-compliancewith the terms of this clause by the LESSEE/BUYER will give the LESSOR/SELLER theright, at latter’s option, to refuse to accept the delivery of the premises and to compelthe LESSEE/BUYER to pay therefrom at the same rate as herein provided plus anadditional sum equal to Twenty Five (25%) percent thereof as penalty until theLESSEE/BUYER shall have complied with terms hereof. The same penalty shall,likewise, be imposed in case the LESSEE/BUYER shall refuse to leave the leasedpremises after the expiration of this Contract of Lease or the termination for any reasonwhatsoever.

20. OPTION TO PURCHASE: For good & valuable consideration, the receipt whereof ishereby acknowledge from the LESSEE/BUYER. The LESSOR/SELLER hereby extendsan 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, athis/her/its exclusive option, conditioned on faithful compliance with all payments andundertakings contained herein, may convey his/her/its decision to avail of option topurchase in writing to the LESSOR/SELLER who thereafter shall credit all rentalpayments up to the __________ (___) month and the initial deposit stated above to downpayment.

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 andassociation dues, the outstanding balance of the LESSEE/BUYER shall be 70% of theTotal Selling Price amount equivalent to PESOS:

_____________________________________ [P_____________], Philippine currency. TheLESSEE/BUYER hereby agrees to execute the Deed of Absolute Sale upon payment infull of the TOTAL PURCHASE PRICE. Failure of the LESSEE/BUYER to exercise his/itsright to purchase within the period of 30 months from the execution of this contractshall mean forfeiture and abandonment of his right to purchase. In such case, allpayment 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 andregistration 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 thislease, LESSEE/BUYER shall pay the Realty Taxes. However, should theLESSEE/BUYER not exercise the option to purchase, LESSOR/SELLER shallreimburse the LESSEE/BUYER of all the taxes, exclusive of penalties for delayedpayments, if any, it had paid as well as the start-up fund of the HomeownersAssociation.



24. JUDICIAL RELIEF AND PENALTY: Should any one of the parties herein be compelled toseek judicial relief against the other, the losing parties shall pay an amount equivalentto One Hundred Percent (100%) of the amount claimed in the compliant as attorney’sfees which shall in no case be less than P 100,000.00 pesos in addition to other costand damages which the said party may be entitled to under the law, to recover from theother 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 subjectunder this instrument shall be fully assignable by the LESSOR/SELLER subject only toprevious written notice thereof to the LESSEE/BUYER.

26. FORFEITURE OF DEPOSIT: Forfeiture of whatever rental deposit and advances shallapply to any of the following:

a. When the LESSEE/BUYER is in default in payment for three (3) months. In such acase, 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 hereincontained shall be deemed conditions as well as covenants that if default or breach bemade of any such covenants and conditions, then this lease may be terminated andcancelled and the party in breach shall be liable for any and all damages, actual andconsequential, resulting from such breach or termination; provided however, that nodefault 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 thiscontract, 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. Noamendment 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 andplace first above written.

__________________________ _______________________ [Name] [Name]

LESSOR/SELLER LESSEE/BUYER




__________________________ _______________________

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 wellas of the corporation herein represented.

This instrument consisting of ______ (__) pages, including the page on which thisacknowledgement is written, has been signed on the left margin of each page and every pagethereof 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 termsherein 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:




(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 OFABC 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, aresident 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 beresponsible in purchasing materials, recruiting personnel, coordinating with the architect andowner/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 saidcontract 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 beforethe projected starting date as down payment and the 70% balance to be paid in weekly equalpayments 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 asguarantee of completion of work. 9. That the retention guarantee shall be released no later than two (2) weeks after theacceptance 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, convenienceoutlets 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 andother 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 inaccordance 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 (ASTMD2564) · 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


_____________________________ ________________________________

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 instrumentwhich consist of three pages, including this page, acknowledged before me as their free andvoluntary 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 theaccount 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


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 toas 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

DESCRIPTI ON 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 RENTALof [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 tablewith 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 toan 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 thisCONTRACT;

4. That until the LESSOR regains possession of the property herein leased in accordance with theterms 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 toany 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 inarrears, 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 aconsideration 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 theLESSEE;

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 anytime 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 andregain 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 notassign 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 beunreasonably withheld;

13. NON-WAIVER. The failure of the LESSOR to insist upon a strict performance of any of theterms, 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 bedeemed 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 incase 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 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




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 theBUYER/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)


______________________________________ ______________________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES

City of Baguio) SS.

BEFORE ME, a Notary Public, the ____ day of ____, 2010, personally appeared the

following:




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

real estate legal forms

Documents