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DEED OF SALE OF THE HOUSE BUILD ON A REGISTERED RESIDENTIAL LAND

WITH RIGHT TO REPURCHASE


KNOW ALL MEN BY THESE PRESENTS:
This DEED OF SALE OF THE HOUSE BUILD ON A RESIDENTIAL LAND, made and executed by
and between:
ROGELIO B. SABAL SR., of legal age, Filipino citizen, married to BEATRIZ D. SABAL and
resident of Purok 2 Poblacion, Alubijid, Misamis Oriental , Philippines, hereinafter called the VENDOR-ARETRO; and
LILIA E. DECINILLA, likewise of legal age, Filipino citizen, single and a resident of Poblacion,
Alubijid, Misamis Oriental, Philippines, hereinafter referred to as VENDEE-A-RETRO;
WITNESSETH
That the VENDOR-A-RETRO is the absolute and lawful owner of the HOUSE BUILD ON THE
REGISTERED RESIDENTIAL LAND, and more particularly described as follows, to wit:
A Registered Residential land, situated at Poblacion, Alubijid, Misamis Oriental known as Lot
No. 11049-C 15-P with a total area of 292.5 square meters. Bounded: on the North by Assessors
Lot No. 027; East by Road; South by Road; West by Lot No. 016, 015; covered by Tax Dec. No.
020688 in the name of ROGELIO B. SABAL SR.
That the VENDOR-A-RETRO hereby sell with RIGHT TO REPURCHASE of the House Build on the
Residential land mentioned above;
NOW THEREFORE, for and in consideration of the sum of ONE HUNDRED THOUSAND PESOS
(100,000.00) Philippine currency, paid in cash by the VENDEE-A-RETRO unto the VENDOR-A-RETRO,
and receipt in full of which is hereby acknowledged with full satisfaction, the VENDOR-A-RETRO hereby
SELL, TRANSFER and CONVEY unto the VENDEE-A-RETRO the House Build on the Residential land as
described above;
That is free from all liens or encumbrances whatsoever: The VENDOR-A-RETRO hereby reserve this
RIGHT TO REPURCHASE the House sold by way of SALE with RIGHT TO REPURCHASE after the lapse
of Two (2) years from the time of the execution of this instrument;
That the VENDEE-A-RETRO hereby obligate himself to RESELL the aforementioned House the same
price, of the same currency.
IN WITNESS WHEREOF, we have hereunto set our hands this _____th day of February 2014, at
Notary Public for CDO/Mis. Or., Philippines.
LILIA E. DECENILLA
Vendee-A-Retro

ROGELIO B. SABAL SR.


Vendor-A-Retro

BEATRIZ D. SABAL
Vendor-A-Retro

Signed in the Presence of:


1. ____________________________

2. ____________________________

REPUBLIC OF THE PHILIPPINES )


CITY OF CAGAYAN DE ORO
) S.S.
BEFORE ME, this ____th day of February 2014 at Cagayan de Oro City, Philippines personally
appeared Rogelio B. Sabal Sr. with CTC No. _______________ issued at Alubijid, Misamis Oriental on
February _____, 2014, all known to be the same persons who executed the foregoing instrument and that they
acknowledged to me that the same are their own free act and deed.
WITNESS MY HAND AND SEAL.

Doc. No. ____;


Page No. ____;
Book No. ____;
Series of 2014.