CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL, made and executed this

____________ by and between:

___ day of

_____________
single/widow/married
to
____________, of legal age, Filipino citizen, and with
residence and postal address at ______________,
_____________, hereinafter referred to as the "SELLER
";
-ANDSPOUSES _____________________, both of
legal age, Filipino citizens with postal address at
_______________, hereinafter collectively referred to as
BUYER;
WITNESSETH: THATWHEREAS, the SELLER is the absolute and registered owner of
a
parcel
of
land
with
improvements
consisting
of
_______________SQUARE METERS (_____ sq.m), more or less,
located at ______________ and covered by Transfer Certificate
of Title No. _________ issued by the Registry of Deeds for Quezon
City hereinafter referred to as PROPERTY and more particularly
described as follows:
DESCRIPTION OF THE LAND
TRANSFER CERTIFICATE OF TITLE
NO. ___________
A parcel of land __________________ containing an area
of _________________ (____) SQUARE METERS, more
or less. All points referred to are indicated on the plan
and are marked on the ground by P.S cyl. Conc. Mons. 15
x 60 cm., bearings true; date of the original survey,
__________________
WHEREAS, ______(Indicate conditions agreed upon by both
parties)___.
WHEREAS, the BUYER has offered to buy and the SELLER has
agreed to sell the above mentioned property under the terms and
conditions herein below set forth;
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Contract to Sell/ MLT

NOW THEREFORE, for and in consideration of the foregoing and

of the covenants herein after set forth the SELLER agrees to sell and
the BUYER agrees to buy the aforesaid property subject to the
following terms and conditions:
A. The total consideration shall be _____________ PESOS
(PhP _____________) Philippine Currency, payable as follows:
1.)

Upon signing of this Contract to Sell, the BUYER will pay

______________________.

2.)

The SELLER will pay the real estate tax due updated up to
the present. Furthermore, the SELLER shall likewise
secure a tax clearance and/or certification from the Office
of the Treasurer of ___________.

3.)

Brokers commission of five percent (5%) shall be on

account of the SELLER.

4.)

The remaining balance shall be paid after the title is

registered under the name of the BUYER.

5.)

The SELLER hereby warrants valid title to and peaceful

possession of the subject property and likewise free from
any and all liens and encumbrances of any kind
whatsoever. Further, SELLER binds to defend the rights of
the BUYER against any and all claim to third parties
whatsoever.

6.)

The BUYER has the right to ASSIGN his rights in this

Contract to Sell to any person, natural or juridical,
without the need of consent from the SELLER.

IN WITNESS WHEREOF, the parties have hereunto affixed

their signatures, this ___ day of _____________at Quezon City,
Philippines.

_________________
SELLER
TIN NO.___________

___________________
BUYER
TIN NO.____________
___________________
BUYER
TIN NO.___________

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Contract to Sell/ MLT

SIGNED IN THE PRESENCE OF:

__________________________
__________________________
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)
__________________________ ) S.S.

BEFORE ME, a notary public for and in _______________,

Philippines personally appeared ______________ known to me to be
the same persons who executed the foregoing Contract to Sell and
exhibited to me their Government issued I.Ds above-mentioned as
competent evidence of their identities and acknowledge to me that the
same are their own free and voluntary act and deed in accordance with
the 2004 Rules on Notarial Practice.
This instrument consisting of _____ (___) pages including this
page upon which acknowledgement is written and had been signed by
the parties and their instrumental witnesses on each and every page
thereof and refers to a Contract to Sell.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed my notarial seal at the place and on the date first above
written.
Doc No. _____;
Page No. _____;
Book No. _____;
Series of ______;

Notary Public

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Contract to Sell/ MLT