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DEED OF USUFRUCT

KNOW ALL MEN BY THESE PRESENTS:


This DEED is made and executed by and between:
_______ day of ___________, ____ by between:

______________________________________, a government entity duly


organized and existing under the laws of the Republic of the Philippines, represented by
_______________________, _______________________________-, with office
address at __________________________________, hereinafter referred to as the
______________________;
And
____________________________ _________________________________, a
government entity duly organized and existing under the laws of the Republic of the
Philippines,
represented
by
___________________________________
____________________, hereinafter referred to as the _____________________;

WITNESSETH:
WHEREAS, the _____________ is the absolute owner of a parcel of land more
particularly described as follows:
DESCRIPTION OF LAND

WHEREAS, ________________, by these presents offers for the use of the


______________ the abovementioned parcel of land;
WHEREAS, ______________ accepts the offer of the ________________ with
gratitude and deep appreciation;
NOW THEREFORE, as an act of liberality and generosity, the _________ hereby
voluntarily and freely transfers and conveys, by way of USUFRUCT to the
________________, which the ____________ hereby accepts and has taken legal
possession of the vehicles and hereby expresses his appreciation and gratefulness for
the kindness and generosity of _____________, for and in consideration foregoing
premises and of the mutual covenants hereinafter contained, the parties hereby agree
to the following terms and conditions:
1. TERM _________________ is allowed full use or perpetual right of use
through gratuitous act as long as the property is to be solely and exclusively used
as the site for the delivery of social services and public assistance;

2. OWNERSHIP while the usufruct and/or the beneficial use of the vehicles is
transferred to ___________________, the ownership and title remains with and
continues to be in the name of the ________________-;
3. OTHER TERMS AND CONDITIONS:
a. The property shall be used exclusively by _____________________ as a
future site for the delivery of social services and public assistance, however,
when the primary purpose for its establishment cease to exist,
_______________ can use the property and any of its improvement
introduced free of charge;
b. _________________, upon proper coordination with the ______________,
may introduce facilities and/or improvement that may be necessary for the
proper and beneficial use of the property;
IN WITNESS WHEREOF, the herein parties have set their hands this ______
day of _________________________ 2015 at ________________________________.

FIRST PARTY

SECOND PARTY

Represented by:

Represented by:

________________________

________________________

Signed in the Presence of:


_____________________________

_____________________________

ACKNOWLEDGMENT
Republic of the Philippines)
Province of ___________ ) s.s.
City of _______________ )

BEFORE ME, this ______ day of ___________________ 2015, at


__________________________, personally appeared the following persons, to wit:
NAME
__________________

CTC NO.

PLACE ISSUED

DATE ISSUED

__________________
Known to me to be the same persons who executed the foregoing Deed and who
acknowledged to me that the same is their free and voluntary act and deed of the
entities that they represent in this instance.
WITNESS MY HAND AND SEAL at the place and on the date first above-written.
Doc. No. _______
Page No. _______
Book No. _______
Series of 2015.