CONTRACTS OR AGREEMENTS

CONTRACT OF LEASE (1976, 1987, 1988, 1996, 1998)

Question No. 1:
Prepare a contract of lease of an apartment unit for P5,000.00 a month between Mr. Jesus
Santos as lessor and Mrs. Olivia Palpallatoc as lessee, for a period of twenty four (24) months.
Supply the other facts required in a contract of lease. Include an acknowledgment.

Answer:

CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

For and in consideration of the prestations and agreements hereunder stated, JESUS SANTOS,
Filipino citizen, residing at No. 40 Limon Street, Quezon City, hereinafter referred to as the LESSOR
hereby LETS and LEASES unto Mrs. OLIVIA PALPALLATOC, Filipino citizen, married to Juan Palpallatoc,
resident of No. 40, Kitanlad, Quezon City, and hereinafter referred to as the LESSEE, that apartment
unit located at No. 20 Kitanlad, Quezon City, covered by TCT No. 14789 of the Registry of Deeds,
Quezon City, of which the LESSOR is the registered owner.

1. The term of the lease shall be twenty-four (24) months starting from the date of execution
of this instrument, without any extension or renewal;
2. The rentals shall be P5,000.00 a month, payable within the first 10 days of each ensuing
month;
3. In addition, the LESSEE shall deposit the amount equivalent to two (2) months rent to
answer for whatever damages that may be caused to the leased premises, ordinary wear
and tear excepted;
4. That the LESSEE shall use the said apartment for residential purposes only.
5. The LESSEE shall not sublease the premises without the written consent of the LESSOR, and
neither shall she assign her leasehold rights without such consent of the LESSOR;
6. Expenses for water, electricity, gas and telephone charges shall be for the account of the
LESSEE;
7. Any improvements introduced by the LESSEE on the leased premises shall become property
of the LESSOR upon the termination the lease, without right of reimbursement from the
latter;
8. At the termination of the lease, the LESSEE shall peaceably surrender the leased premises
to the LESSOR without any demand, oral or written.

IN WITNESS WHEREOF, the parties have signed this instrument at Quezon City, Philippines, on
this 30th day of September, 2004.

JESUS SANTOS OLIVIA PALPALLATOC

Lessor Lessee

With my marital consent:

Husband

Signed in the presence of:

ROBERT CHAVEZ CHRISTIAN ONG

Witness Witness
REPUBLIC OF THE PHILIPPINES)
QUEZON CITY ) S.S.

ACKNOWLEDGMENT

DEED OF SALE OF REAL PROPERTY (1979, 1983, 1984, 1989, 1991)

Question No. 3:

Harry Dy, married to Margaret Dy, sold their parcel of land located in Ayala Heights,
Quezon City to Stephanie Uy for the amount of P5,000,000.00. The land is more particularly
described in Transfer Certificate of Title No. 45678 in the Registry of Deeds of Quezon City. The
parties agreed that all expenses for taxes, registration, transfer and association dues are for the
account of Stephanie Uy. Prepare the contract of sale. Use a fictitious name for the notary public.

Answer:
DEED OF ABSOLUTE SALE OF REAL PROPERTY
KNOW ALL MEN BY THESE PRESENTS:

For and in consideration of the sum of FIVE MILLION PESOS (P5,000,000.00), Philippine
currency, receipt of which is hereby acknowledged, I, HARRY DY, married to MARGARET DY, Fiipino
citizen, of legal age, and resident of No. 12 San Andres, Manila, hereinafter known as VENDOR, hereby
SELL, TRANSFER AND CONVEY unto STEPHANIE UY, widow, Filipino citizen, of legal age and resident of
15 CM Recto Street, Quezon City, hereinafter known as VENDEE, that certain parcel of land located at
Ayala Heights, Quezon City, with an area of 500 square meters, more or less, covered by Transfer
Certificate of Title No. 341342 of the Registry of Deeds of Quezon City, free from all liens and
encumbrances. The VENDEE undertakes to pay all taxes, registration, transfer fees, village association
dues, and all other expenses attendant to the registration of this deed and transfer of the property in
her name.

IN WITNESS WHEREOF, we have hereunto signed this deed of absolute sale in Quezon City on
this 29th day of September 2002.

HARRY DY STEPHANIE UY
Vendor Vendee

With my Marital Consent:

(Sgd) MARGARET DY
Signed in the presence of:

HEART EVANGELISTA ANNE CURTIS

ACKNOWLEDGMENT

 CHECKLIST OF REQUIREMENTS 

I. DEED (TAPCAPSA)
1. Title
2. Announcement
3. Party One
4. Consideration
5. Act or Conveyance
6. Party Two
7. Signature
8. Acknowledgment

II. CONTRACT (TAAWACSA)

1. Title
2. Announcement
3. Actors
4. Whereases
5. Agreement Proper
6. Conditions or terms
7. Signatures
8. Acknowledgment