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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

THIS DEED OF ABSOLUTE SALE made and entered into this __________ in
_______________________ by and between:

XXXXXXXXX XXXXXXXXXX, of legal age, Filipino, single/married, and a


resident of XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX
XXXXXXXXX XXXXXXXXXX;

XXXXXXXXX XXXXXXXXXX, of legal age, Filipino, single/married, and a


resident of XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX
XXXXXXXXX XXXXXXXXXX;

(hereinafter referred to as the SELLER)

-AND-

XXXXXXXXX XXXXXXXXXX, of legal age, Filipino, single/married, and a


resident of XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX
XXXXXXXXX XXXXXXXXXX;

XXXXXXXXX XXXXXXXXXX, of legal age, Filipino, single/married, and a


resident of XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX
XXXXXXXXX XXXXXXXXXX;

(hereinafter referred to collectively as the BUYER)

WITNESSETH:

WHEREAS, the SELLER is the absolute owner of a residential house and lot
located at XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX
XXXXXXXXX XXXXXXXXXX, covered by Transfer Certificate of Title No. S-68836, of
the Register of Deeds for Metro Manila District IV [Parañaque City], and more
particularly described as follows:

-----------------------------------------------
Transfer Certificate of Title No. XXXXXXXX
Register of Deeds for XXXXXXXXXXXX XXXXXXXXXXX

“A parcel of land ………………………………………………………………. ………..


……………… ………………………. ……………………………… ……………………
………………….. ……………… ………………………………………… …………….
……………………………… ..."

(hereinafter referred to as the PROPERTY)

WHEREAS, the SELLER has offered to sell the PROPERTY to the BUYER, and the
BUYER has agreed to purchase the PROPERTY from the SELLER, under mutually
acceptable terms and conditions;

NOW, THEREFORE, for and in consideration of the foregoing premises and more
particularly for the price of XXXXXXXXXXXXXXXX MILLION PESOS
(PHP2,000,000.00), Philippine Currency, the receipt whereof is hereby acknowledged
from the BUYER to the entire satisfaction of the SELLER, the said SELLER does hereby
sell, transfer and convey in a manner absolute and irrevocable unto the said BUYER,
their heirs and assigns, the said PROPERTY, together with the buildings and
improvements existing thereon, subject to all the terms and conditions hereinafter
specified;
1. The SELLER warrants full title and ownership over the aforementioned
PROPERTY described above, free from any liens and encumbrances of
whatever nature;
2. The payment of the capital gains tax due on the sale of the Property shall
be for the sole account of the SELLER.
3. The documentary stamp taxes on the sale of the Property from the SELLER
to the BUYER, transfer tax, and the expenses for registration of the
Property in the name of the BUYER shall be for the sole account of the
BUYER.

IN WITNESS WHEREOF, the parties have hereunto signed this Deed of Absolute
Sale, this __________________ in ________________________, Republic of the Philippines.

SELLER

XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX

TIN: ___________________ TIN: ___________________

BUYER

XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX

TIN: ___________________ TIN: ___________________

SIGNED IN THE PRESENCE OF:

REPUBLIC OF THE PHILIPPINES }


} S.S.

ACKNOWLEDGMENT
BEFORE ME, a Notary Public, for and in _____________________,
Philippines, this _______________________, personally appeared the following persons:

NAME Competent Evidence of Date & Place


Identity Issued

XXXXXXXXX XXXXXXXXXX

XXXXXXXXX XXXXXXXXXX

XXXXXXXXX XXXXXXXXXX

known to me and to me known to be the same persons who executed the foregoing Deed
of Absolute Sale, and they acknowledged to me that the same is the free act and
voluntary deed of all the parties to this instrument.

I HEREBY CERTIFY that this instrument, which consists of three (3) pages, including
this page whereon this Acknowledgement is written, has been signed by the parties and
their instrumental witnesses on the appropriate spaces on page two (2) and on the left
margin of the first page, and refers to the Deed of Absolute Sale covering a a residential
house and lot located at XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX
XXXXXXXXX XXXXXXXXXX, covered by Transfer Certificate of Title No. S-68836, of the
Register of Deeds for XXXXXXXXX XXXXXXXXX.

WITNESS MY HAND AND SEAL on the day first above-written.

NOTARY PUBLIC

Doc. No. ________


Page No. ________
Book No. ________
Series of ________

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