Professional Documents
Culture Documents
4 Sale of Condominium Unit
4 Sale of Condominium Unit
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Sample Deed of Sale of Condominium Unit
IN FAVOR OF:
W I T N E S S E T H : THAT.
WHEREAS, VENDOR is the legal and registered owner of Pacific Plaza Ayala
Condominium Unit No. _______ located at Ayala Avenue, Makati City, Philippines,
containing a floor area of TWO HUNDRED EIGHT FIVE (285) SQUARE METERS, more or
less, and two (2) assigned parking slots known as ______ and _____ Basement 1-B covered
by Condominium Certificate of Title No. __________ of the Registry of Deeds for Makati
City, photocopy of which is hereto attached and made an integral part hereof as Annex
B;
WHEREAS, the Pacific Plaza Ayala Condominium Corporation was duly organized
in accordance with law for purpose of holding title to all common areas of the Pacific Plaza
Ayala Condominium, including the land, and is in charge of managing and administering
the Pacific Plaza Ayala Condominium;
WHEREAS, VENDEE offered to buy and the VENDOR agreed to sell the said
condominium unit as well as any and all rights and interest appertaining thereto under
the Master Deed with Declaration of Restriction (the Master Deed), as amended, the
Articles of Incorporation and the By-Laws of the Condominium Corporation;
1. The purchase price for the said condominium unit and two (2) assigned
parking slots shall be PHILIPPINE PESOS ------------------------------------, receipt of which
in full is hereby acknowledged by the VENDOR.
2. VENDOR warrants that the title to the said condominium unit is free and
clear of any and all liens and encumbrances, except the restrictions contained in the
Master Deed, as amended, as annotated and inscribed at the back of Condominium
Certificate of Title No. ________.
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4. The capital gains tax, documentary stamps tax, value-added tax (VAT), if
any, brokers commission, registration fee, legal and notarial fee and other incidental
expenses in the registration of the sale and title transfer shall be for the account of the
VENDEE.
IN WITNESS WHEREOF, the parties hereto have hereunto set their hands on the
date and at the place herein first above-written.
__________________________ _______________________________
By:
______________________________
Attorney-in-Fact
_______________________ ___________________________
ACKNOWLEDGMENT