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CONTRACT TO SELL OF AN UNDIVIDED PARCEL OF LAND

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL, made and executed this _____ day of _________ by and
between:

________________, of legal age, Filipino, married to ______________ and a resident of


______________________ hereinafter referred to as the “SELLER/VENDOR”;

-AND-

___________________, of legal age, Filipino, married and a resident of


__________________________, hereinafter referred to as the “BUYER/VENDEE”.

WITNESSETH;

WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a ______


square meters parcel of land located at ________________ and evidenced by Transfer
Certificate of Title No. _________issued by the Registry of Deeds of __________, which is
hereto attached as Annex “A”;

WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER/VENDOR has agreed
to sell the an undivided portion of ___________ square meters of the abovementioned parcel
of land under the terms and conditions herein below set forth;

NOW, THEREFORE, for and in the consideration of the total sum of


_________________________ PESOS, Philippine Currency, and of the covenants herein after
set forth the SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the
aforesaid property subject to the following terms and conditions:

1. The total consideration shall be _________________________ PESOS, Philippine


currency, payable as follows:

a.) The amount of _______________________ Pesos, representing earnest money


already paid in cash by the BUYER/VENDEE to the SELLER/VENDOR upon signing of
this Contract To Sell. The SELLER/VENDOR hereby acknowledged the receipt of the
earnest money;

b.) The BUYER/VENDEE shall pay a monthly instalment of _____________________ for


___________ beginning _______________, 2019;

c.) The amount of ________________ Pesos shall be payable in cash on or before


_____________;

2. Capital Gains Tax and Real Estate Tax, Documentary Stamps Tax, Registration Fee,
registration expenses, and all other miscellaneous fees and expenses shall be to the
account of the ______________. The cost of survey and relocation plan shall be equally
be borne by the parties;

3. Possession of the subject parcel of land unit shall be delivered by the SELLER/VENDOR
to the BUYER/VENDEE upon receipt of the earnest money;

4. The buyer shall assume the obligations of paying the real estate taxes upon possession
of the said parcel of land;

5. Upon full payment of the price, the SELLER/VENDOR shall sign and execute a DEED OF
ABSOLUTE SALE in favour of the BUYER/VENDEE. The SELLER/VENDOR shall likewise
execute and/or deliver any and all documents, including but not limited to the original
duplicate copy of the 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 ____
_________________ at _____________________, Philippines.

_________________ ___________________
SELLER/VENDOR SELLER/VENDOR

______________________
BUYER/VENDEE
LGU ID No. 11-760731-017

SIGNED IN THE PRESENCE OF:

_______________________ ___________________________

ACKNOWLEDGMENT

Republic of the Philippines}


City of _______________ } S.S
x-------------------x
BEFORE ME, a Notary Public for and in the City of ______________________, personally
appeared _____________________ with their Proofs of Identities written below their names
and signatures, known to me and to me known to be the same persons who executed the
foregoing Contract to Sell consisting of two (2) pages, including the page on which this
acknowledgement is written, has been signed on the left margin of each and every pages
thereof by the concerned parties and their witnesses, and acknowledged to me that the same
are their free act and voluntary deed.

WITNESS MY HAND AND SEAL on this ___day of ______________ at ______________.

Doc. No. ______;


Page No. ______; NOTARY PUBLIC
Book No. ______;
Series of 201__.

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