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<date> Spouses <name> <address> Spouses <name> <address> R e : Letter Undertaking Sirs/Madam : Reference is made to the sale by Spouses

< > and purchase by Spouses < > of that certain property more particularly described as A parcel of land identified as Lot < >, Block < > of < >, Quezon City, located along Rizal Street Covered by Transfer Certificate of Title No. < > of the Registry of Deeds, Quezon City

The undersigned in his/her capacity as broker of the transaction undertakes to do the following for the consummation of the sale and/or purchase a. To pay the realty taxes due on the property b. To pay for the capital gains tax due on the sale/transfer of title c. To process the transfer of title with the register of deeds and pay the necessary fees therefore d. To have the tax declaration of the property transferred to the name of Sps. <> I hereby acknowledge the issuance and delivery to me of checks to defray expenses as stated below Payment For Capital Gains Tax (50% share) Documentary Stamp Tax Transfer Tax Registration Fee Miscellaneous Fees Amount Php < > Php < > Php < > Php < > Php < > Sps. Sps. Sps. Sps. Sps. From <> <> <> <> <>

I also acknowledge the entrustment to me of (a) duly signed and executed Deed of Absolute Sale between Sps. < > in favor of Sps. < > covering the property; (b) Owners Duplicate Transfer Certificate of Title No. < > of the Registry of Deeds for Quezon City; (c) Latest Realty Tax Receipts of the property; (d) Tax Declaration of the property. Further, I undertake to deliver the title of the property upon transfer to the name of Spouses < > (as well as other property documents such as real estate tax receipts, tax declaration and tax clearance) to < > Bank in compliance with the requirement of the said bank under its bank guarantee and for the purpose of payment of the bank financing proceeds to Spouses < >. I will exert best effort to complete this undertaking within a period of three weeks from date hereof. In this connection, I will keep you updated and informed of the progress of the transfer or problems encountered. Very truly yours, <name>

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